Accounts filed on 30-09-2020


ACCOUNTS
FOR THE YEAR ENDED 30/09/2020





DIRECTORS
H B Patel


REGISTERED OFFICE
40a Wilbury Way
Hitchin
SG4 0AP


COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 09197698


BALANCE SHEET AT 30/09/2020

			2020		2019
	Notes		£		£

FIXED ASSETS
Tangible assets	2		188		251

CURRENT ASSETS
Stock		185,000		125,000
Debtors	4	279,118		181,625
Cash at bank and in hand		66,771		-
		530,889		306,625
CREDITORS: Amounts falling due within one year	5	104,052		122,329
NET CURRENT ASSETS			426,837		184,296
TOTAL ASSETS LESS CURRENT LIABILITIES			427,025		184,547


CREDITORS: Amounts falling due after more than one year	6		50,000		-

NET ASSETS			377,025		184,547

CAPITAL AND RESERVES

Called up share capital	8		100		100
Profit and loss account			376,925		184,447
SHAREHOLDERS' FUNDS			377,025		184,547

For the year ending 30/09/2020 the company was entitled to exemption 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 directors acknowledge their 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.

Approved by the board on 23/06/2021 and signed on their behalf by



.............................
H B Patel
Director

1. ACCOUNTING POLICIES




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .




1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Equipment		reducing balance 25%




1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.




1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.




4. DEBTORS	2020	2019
	£	£
Amounts falling due within one year
Trade debtors	27,499	19,336
VAT	-	22,568
Other debtors	251,619	139,721
	279,118	181,625




5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2020	2019
	£	£
UK corporation tax	45,164	12,190
VAT	4,934	-
PAYE control	1,209	3,575
Salaries and wages control	9,392	5,842
Directors current account	24,391	21,181
Bank loans and overdrafts	-	15,524
Loans	12,470	55,457
Trade creditors	3,790	6,664
Other creditors	202	396
Accruals	2,500	1,500
	104,052	122,329




6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
	2020	2019
	£	£
Loans >1yr	50,000	-
	50,000	-




8. SHARE CAPITAL	2020	2019
	£	£
Allotted, issued and fully paid:
100 Ordinary shares of £1 each	100	100
	100	100


100 Ordinary shares of £1 each