Priority Window Films And Coatings Limited,Ltd - AccountsLtd - Accounts

Priority Window Films And Coatings Limited,Ltd - AccountsLtd - Accounts

PRIORITY WINDOW FILMS AND COATINGS LIMITED - Company Information

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2019-07-01 09635857 2020-06-30 09635857 2019-07-01 2020-06-30 09635857 uk-core:WithinOneYear 2020-06-30 09635857 uk-core:ShareCapital 2020-06-30 09635857 uk-core:RetainedEarningsAccumulatedLosses 2020-06-30 09635857 uk-bus:Director1 2019-07-01 2020-06-30 09635857 2019-06-30 09635857 2018-07-01 2019-06-30 09635857 uk-core:Goodwill 2019-06-30 09635857 uk-core:Goodwill 2020-06-30 09635857 uk-core:Goodwill 2019-07-01 2020-06-30 09635857 uk-core:CommercialMotorVehicles 2019-06-30 09635857 uk-core:PlantMachinery 2019-06-30 09635857 uk-core:CommercialMotorVehicles 2019-07-01 2020-06-30 09635857 uk-core:PlantMachinery 2019-07-01 2020-06-30 09635857 uk-core:PlantMachinery 2020-06-30 09635857 uk-core:CommercialMotorVehicles 2020-06-30 iso4217:GBP xbrli:pure 09635857 uk-bus:AuditExemptWithAccountantsReport 2019-07-01 2020-06-30 09635857 uk-bus:FRS102 2019-07-01 2020-06-30 09635857 uk-bus:FullAccounts 2019-07-01 2020-06-30 09635857 uk-bus:PrivateLimitedCompanyLtd 2019-07-01 2020-06-30
Priority Window Films And Coatings Limited
Registered Number:09635857
For the year ended 30 June 2020
England and Wales
Unaudited Financial Statements
2
For the year ended 30 June 2020
Priority Window Films And Coatings Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
09635857
As at 30 June 2020
Priority Window Films And Coatings Limited
Statement of Financial Position
£
2020
Notes
Fixed assets
Intangible assets
25,000
2
Property, plant and equipment
37,293
3
62,293
Current assets
Trade and other receivables
86,293
4
Cash and cash equivalents
26,918
113,211
Trade and other payables: amounts falling due within one
year
(93,847)
5
19,364
Net current assets
Total assets less current liabilities
81,657
81,657
Net assets/liabilities
Capital and reserves
Called up share capital
100
Retained earnings
81,557
81,657
Shareholders' funds
For the year ended 30 June 2020 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2020 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Section
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mrs Heather Mary Baker Director
These financial statements were approved and authorised for issue by the Board on 15 January 2021 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 30 June 2020
Priority Window Films And Coatings Limited
Notes to the Financial Statements
Statutory Information
Priority Window Films And Coatings Limited is a private limited company, limited by shares, domiciled in England and
Wales, registration number 09635857.
Principal place of business:
International House
George Curl Way
Southampton
Hampshire
SO18 2RZ
Registered address:
Unit 6 Basepoint
Andersons Road
Southampton
Hampshire
SO14 5FE
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
2. Intangible fixed assets
Goodwill
Cost or valuation
£
At 01 July 2019
75,000
At 30 June 2020
75,000
Amortisation
At 01 July 2019
25,000
25,000
Charge for year
At 30 June 2020
50,000
Net book value
At 30 June 2020
25,000
At 30 June 2019
50,000
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5
For the year ended 30 June 2020
Priority Window Films And Coatings Limited
Notes to the Financial Statements Continued
3. Property, plant and equipment
Total
Motor
Vehicles
Plant and
Machinery
£
£
£
Cost or
valuation
At 01 July 2019
55,241
47,746
7,495
44,220
-
44,220
Additions
(47,746)
-
Disposals
(47,746)
At 30 June 2020
51,715
-
51,715
Provision for depreciation and impairment
At 01 July 2019
4,976
2,985
1,991
Charge for year
12,431
-
12,431
(2,985)
(2,985)
-
On disposal
At 30 June 2020
14,422
-
14,422
At 30 June 2020
Net book value
37,293
-
37,293
At 30 June 2019
5,504
44,761
50,265
4. Trade and other receivables
2020
£
Trade debtors
83,296
Other debtors
2,997
86,293
5. Trade and other payables: amounts falling due within one year
2020
£
Trade creditors
9,080
Taxation and social security
8,048
Other creditors
76,719
93,847
6. Average number of persons employed
During the year the average number of employees was 4 (2019 : 4)
3 of 3