Contamination Control Ltd - Accounts to registrar (filleted) - small 18.2
Contamination Control Ltd - Accounts to registrar (filleted) - small 18.2
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020 |
FOR |
CONTAMINATION CONTROL LTD |
CONTAMINATION CONTROL LTD (REGISTERED NUMBER: 05778776) |
CONTENTS OF THE FINANCIAL STATEMENTS |
For The Year Ended 31 December 2020 |
Page |
Company Information | 1 |
Abridged Statement of Financial Position | 2 |
Notes to the Financial Statements | 3 |
CONTAMINATION CONTROL LTD |
COMPANY INFORMATION |
For The Year Ended 31 December 2020 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
CONTAMINATION CONTROL LTD (REGISTERED NUMBER: 05778776) |
ABRIDGED STATEMENT OF FINANCIAL POSITION |
31 December 2020 |
2020 | 2019 |
£ | £ |
CURRENT ASSETS |
Stocks |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
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. |
In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
CONTAMINATION CONTROL LTD (REGISTERED NUMBER: 05778776) |
NOTES TO THE FINANCIAL STATEMENTS |
For The Year Ended 31 December 2020 |
1. | STATUTORY INFORMATION |
Contamination Control Ltd is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The financial statements have been prepared on a going concern basis, which the directors consider to be appropriate, as they have agreed to provide the necessary finance to enable the company to meet its liabilities as they fall due. |
Turnover |
Turnover represents sales of goods and services, excluding value added tax, sold and performed during the year. |
Turnover is recognised as the right to consideration arises and adjustments are made for accrued and deferred income. |
Stocks |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
Financial instruments |
The company enters into basic financial instruments, which result in the recognition of financial assets and liabilities. Financial instruments are recognised at amortised cost. At the end of each reporting period financial instruments are assessed for evidence of impairment, and changes are recognised in profit or loss. |
Taxation |
Taxation for the year comprises current 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 tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. |
Consideration is given to whether deferred tax should be provided in respect of material timing differences which have not reversed at the balance sheet date. Deferred tax assets are only recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or future taxable profits. |
Current tax assets and liabilities are not discounted and are 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. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
4. | POST BALANCE SHEET EVENTS |
After the balance sheet date, national lockdowns continued as a direct response to the Covid-19 pandemic. As a result, the company's trading activities were impacted and government support has been utilised. Although it is not possible to estimate any long-term financial implications from this unusual situation, the company has continued to trade although with levels that are lower than was expected, and the directors are confident that they will be able to maintain, if not improve, this level of trade for the foreseeable future. |