Company Registration No. 3952244 (England and Wales)
OUTBACK CONTRACTORS LIMITED
Unaudited accounts
for the year ended 31 March 2021
OUTBACK CONTRACTORS LIMITED
Unaudited accounts
Contents
OUTBACK CONTRACTORS LIMITED
Company Information
for the year ended 31 March 2021
Company Number
3952244 (England and Wales)
Registered Office
22 POST OFFICE LANE
WANTAGE
OX12 8DR
ENGLAND
Accountants
Swash & Co
Boston House
Grove Business Park
Wantage
Oxfordshire
OX12 9FF
OUTBACK CONTRACTORS LIMITED
Statement of financial position
as at 31 March 2021
Tangible assets
3,731
8,468
Cash at bank and in hand
3,340
3,096
Creditors: amounts falling due within one year
(174,162)
(90,638)
Net current assets
47,558
79,492
Total assets less current liabilities
51,289
87,960
Creditors: amounts falling due after more than one year
(50,000)
-
Called up share capital
4
4
Profit and loss account
1,285
87,956
Shareholders' funds
1,289
87,960
For the year ending 31 March 2021 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 10 November 2021 and were signed on its behalf by
Stuart Clarke
Director
Company Registration No. 3952244
OUTBACK CONTRACTORS LIMITED
Notes to the Accounts
for the year ended 31 March 2021
OUTBACK CONTRACTORS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 3952244. The registered office is 22 POST OFFICE LANE, WANTAGE, OX12 8DR, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Straight Line
Computer equipment
25% Straight Line
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2020
88,590
11,234
99,824
At 31 March 2021
88,590
11,234
99,824
At 1 April 2020
81,816
9,540
91,356
Charge for the year
3,750
987
4,737
At 31 March 2021
85,566
10,527
96,093
At 31 March 2021
3,024
707
3,731
At 31 March 2020
6,774
1,694
8,468
5
Debtors: amounts falling due within one year
2021
2020
Trade debtors
36,624
28,151
Other debtors
168,626
125,753
OUTBACK CONTRACTORS LIMITED
Notes to the Accounts
for the year ended 31 March 2021
6
Creditors: amounts falling due within one year
2021
2020
Trade creditors
11,399
15,586
Taxes and social security
161,463
73,752
7
Creditors: amounts falling due after more than one year
2021
2020
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director Loan, 2.5% repayable on demand
125,753
24,954
24,124
126,583
125,753
24,954
24,124
126,583
9
Average number of employees
During the year the average number of employees was 4 (2020: 4).
