Sensor Line Limited Accounts






Sensor Line Limited

	Company No. 04651259
		Information for Filing with The Registrar
		31 May 2021

The Directors present their report and the accounts for the year ended 31 May 2021.

Principal activities
The principal activity of the company during the year under review was Provision of technical, sales and marketing and distribution services.




Directors

The Directors who served at any time during the year were as follows:

H.C. Dearden
P. Dearden




































































The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.

Signed on behalf of the board

H.C. Dearden
Director
07 July 2021

at	31 May 2021
Company No.		04651259	Notes	2021	2020
				£	£
Fixed assets
	Intangible assets		4	1	1
	Tangible assets		5	-	-


				1	1
Current assets

	Debtors		6	-	82

	Cash at bank and in hand			64,733	43,467
				64,733	43,549
Creditors: Amount falling due within one year			7	(12,010)	(17,215)
Net current assets				52,723	26,334
Total assets less current liabilities				52,724	26,335




Net assets				52,724	26,335

Capital and reserves
	Called up share capital			100	100



	Profit and loss account		8	52,624	26,235

Total equity				52,724	26,335



These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

For the year ended 31 May 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 directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.



As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 07 July 2021
And signed on its behalf by:
H.C. Dearden
Director
07 July 2021

for the year ended 31 May 2021

General information

Its registered number is: 04651259

Its registered office is:

Its trading address is:

Quarry Cottage

25 The Borders Industrial Pk

Stannage Lane

River Lane

Churton

Saltney

Chester

CH3 6LE

CH4 8RJ

The functional and presentational currency of the company is Sterling. The accounts are rounded to the nearest pound.

The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland (March 2018) and the Companies Act 2006.

Going concern

The accounts have been prepared on a going concern basis. The directors are not aware of any material uncertainties related to events or conditions that may cast significant doubts over the entity or any other reason why the entity is not regarded as a going concern.

Accounting policies

Turnover

Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Revenue from the sale of goods is recognised when all the following conditions are satisfied:
• the Company has transferred to the buyer the significant risks and rewards of ownership of the
goods;
• the Company retains neither continuing managerial involvement to the degree usually associated
with ownership nor effective control over the goods sold;
• the amount of revenue can be measured reliably;
• it is probable that the economic benefits associated with the transaction will flow to the Company;
and
• the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.

Intangible fixed assets

Intangible fixed assets are carried at cost less accumulated amortisation and impairment losses.

Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Defined contribution pensions

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations.

The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.

3	Employees
			2021	2020
			Number	Number
		The average monthly number of employees (including directors) during the year was:	4	4

4	Intangible fixed assets
			Goodwill	Total
			£	£
		Cost
		At 1 June 2020	1	1


		At 31 May 2021	1	1
		Amortisation and impairment





		Net book values
		At 31 May 2021	1	1
		At 31 May 2020	1	1

5	Tangible fixed assets
			Fixtures, fittings and equipment	Total
			£	£
		Cost or revaluation
		At 1 June 2020	330	330




		At 31 May 2021	330	330
		Depreciation
		At 1 June 2020	330	330




		At 31 May 2021	330	330
		Net book values
		At 31 May 2021	-	-
		At 31 May 2020	-	-

6	Debtors
			2021	2020
			£	£
		Trade debtors	-	82







			-	82

7	Creditors:
		amounts falling due within one year
			2021	2020
			£	£




		Trade creditors	776	1,017

		Corporation tax	5,973	4,197
		Other taxes and social security	5,261	12,001



			12,010	17,215

Reserves

Profit and loss account - includes all current and prior period retained profits and losses.