Industrial Analysis Limited Filleted accounts for Companies House (small and micro)
Industrial Analysis Limited Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
02405975
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Statement of Financial Position |
2020 |
2019 |
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Note |
£ |
£ |
£ |
Fixed assets
Tangible assets |
5 |
– |
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Current assets
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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Total assets less current liabilities |
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Provisions |
– |
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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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Shareholders funds |
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In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings 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
;
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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
12 July 2021
, and are signed on behalf of the board by:
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Director |
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Company registration number:
02405975
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Notes to the Financial Statements |
Year ended 31 October 2020
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 11 Ravendale Way, Shoeburyness, Southend-on-Sea, Essex, SS3 8YA.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Revenue recognition
Income tax
Foreign currencies
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:
Fixtures & fittings |
- |
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Equipment |
- |
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Impairment of fixed assets
Provisions
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
4
(2019:
4
).
5.
Tangible assets
Fixtures and fittings |
Equipment |
Total |
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£ |
£ |
£ |
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Cost |
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At 1 November 2019 |
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Disposals |
(
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(
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(
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------- |
-------- |
-------- |
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At 31 October 2020 |
– |
– |
– |
------- |
-------- |
-------- |
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Depreciation |
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At 1 November 2019 |
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Disposals |
(
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(
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(
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------- |
-------- |
-------- |
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At 31 October 2020 |
– |
– |
– |
------- |
-------- |
-------- |
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Carrying amount |
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At 31 October 2020 |
– |
– |
– |
------- |
-------- |
-------- |
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At 31 October 2019 |
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------- |
-------- |
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6.
Debtors
2020 |
2019 |
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£ |
£ |
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Trade debtors |
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Other debtors |
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-------- |
-------- |
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7.
Creditors:
amounts falling due within one year
2020 |
2019 |
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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.
Director's advances, credits and guarantees
There were no overdrawn directors loan account balances in existence at 31 October 2020 or at 31 October 2019.
9.
Related party transactions
The Company's sole shareholder is Glasstronics Limited. This company is controlled by the directors who own 100% of the issued share capital.
10.
Controlling party
The Company regards Glasstronics Ltd, incorporated in England, as its ultimate parent company.