NTEK Litho Limited Filleted accounts for Companies House (small and micro)
NTEK Litho Limited Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
SC242558
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For the year ended |
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Statement of Financial Position |
2021 |
2020 |
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Note |
£ |
£ |
Fixed assets
Tangible assets |
5 |
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Current assets
Stocks |
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Debtors |
6 |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
7 |
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Net current assets |
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--------- |
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Total assets less current liabilities |
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Provisions
Taxation including deferred tax |
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--------- |
------------ |
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Net assets |
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Capital and reserves
Called up share capital |
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Profit and loss account |
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--------- |
------------ |
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Shareholders funds |
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In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
Director's responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
-
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
.
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Statement of Financial Position (continued) |
These financial statements were approved by the
board of directors
and authorised for issue on
10 September 2021
, and are signed on behalf of the board by:
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Director |
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Company registration number:
SC242558
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Notes to the Financial Statements |
Year ended 31 March 2021
1.
General information
The company is a private company limited by shares, registered in Scotland. The address of the registered office is 33 Kittoch Street, The Village, East Kilbride, G74 4JW.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Revenue recognition
Income tax
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Plant and machinery |
- |
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Fixtures and fittings |
- |
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Motor vehicles |
- |
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Office equipment |
- |
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Impairment of fixed assets
Stocks
Provisions
Defined contribution plans
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
7
(2020:
7
).
5.
Tangible assets
Plant and machinery |
Fixtures and fittings |
Office equipment |
Total |
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£ |
£ |
£ |
£ |
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Cost |
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At 1 April 2020 |
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Disposals |
– |
(
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– |
(
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-------- |
--------- |
------- |
--------- |
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At 31 March 2021 |
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-------- |
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------- |
--------- |
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Depreciation |
||||
At 1 April 2020 |
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Charge for the year |
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Disposals |
– |
(
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– |
(
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-------- |
--------- |
------- |
--------- |
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At 31 March 2021 |
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-------- |
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------- |
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Carrying amount |
||||
At 31 March 2021 |
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-------- |
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------- |
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At 31 March 2020 |
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-------- |
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------- |
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6.
Debtors
2021 |
2020 |
|
£ |
£ |
|
Trade debtors |
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Other debtors |
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-------- |
-------- |
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-------- |
-------- |
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7.
Creditors:
amounts falling due within one year
2021 |
2020 |
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£ |
£ |
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Trade creditors |
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Amounts owed to group undertakings and undertakings in which the company has a participating interest |
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Corporation tax |
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Social security and other taxes |
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– |
Other creditors |
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8.
Related party transactions
During the year the company entered into the following transactions with related parties:
Transaction value |
Balance owed by/(owed to) |
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2021 |
2020 |
2021 |
2020 |
|
£ |
£ |
£ |
£ |
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|
1,000,000 |
798,000
|
(
|
(
500,426) |
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During the year the company declared dividends to its parent undertaking, NTEK Properties Ltd, totalling £1,000,000 (2020: £798,000). The balance owed to NTEK Properties Ltd at the year end date amounted to £1,260,987 (2020: £500,426).
9.
Controlling party
The company's ultimate parent undertaking at the statement of financial position date was
NTEK Properties Ltd
, a company incorporated in Scotland.