Uk Environmental & Asbestos Solutions Li - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06603398

Unaudited Financial Statements for the Year Ended 31 July 2020

for

Uk Environmental & Asbestos Solutions

Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M Lamb

A Sheridan

SECRETARY:

REGISTERED OFFICE:

3 Orrell Road

Orrell

Wigan

Lancashire

WN5 8EY

REGISTERED NUMBER:

06603398

ACCOUNTANTS:

Peter Wilson Chartered Accountants

Rockfield House

512 Darwen Road

Bromley Cross

Bolton

Lancashire

BL7 9DX

FIXED ASSETS

Tangible assets

4

10,308

15,293

CURRENT ASSETS

Stocks

125,000

100,000

Debtors

5

173,000

248,644

Cash at bank

66,396

59,107

364,396

407,751

CREDITORS

Amounts falling due within one year

6

289,970

333,315

NET CURRENT ASSETS

74,426

74,436

TOTAL ASSETS LESS CURRENT LIABILITIES

84,734

89,729

CREDITORS

Amounts falling due after more than one year

7

50,000

-

NET ASSETS

34,734

89,729

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

34,732

89,727

SHAREHOLDERS' FUNDS

34,734

89,729

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2020 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 August 2021 and were signed on its behalf by:

A Sheridan - Director

1.	STATUTORY INFORMATION

Uk Environmental & Asbestos Solutions Limited is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover represents services provided net of value added tax.

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 23 (2019 - 22 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 August 2019

and 31 July 2020

31,097

DEPRECIATION

At 1 August 2019

15,804

Charge for year

4,985

At 31 July 2020

20,789

NET BOOK VALUE

At 31 July 2020

10,308

At 31 July 2019

15,293

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.20

31.7.19

£

£

Trade debtors

173,000

248,644

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.20

31.7.19

£

£

Bank loans and overdrafts

59,277

69,277

Trade creditors

98,435

86,062

Taxation and social security

5,142

22,563

Other creditors

127,116

155,413

289,970

333,315

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.7.20

31.7.19

£

£

Bank loans

50,000

-