Hiddentec R & D Limited
Hiddentec R & D Limited
Registered number: 10535442
Unaudited Financial Statements
For The Year Ended
31 December 2020
Hiddentec R & D Limited
Unaudited Financial Statements
For The Year Ended
31 December 2020
Unaudited Financial Statements
Contents | |
Page | |
---|---|
Statement of Financial Position | 1 |
Notes to the Financial Statements | 2 |
Hiddentec R & D Limited
Statement of Financial Position
As at
31 December 2020
Statement of Financial Position
Registered number:
10535442
For the year ending 31 December 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
2020 | 2019 | ||||
---|---|---|---|---|---|
Notes | € | € | € | € | |
CURRENT ASSETS | |||||
Debtors | 3 |
|
|
||
Cash at bank and in hand |
|
|
|||
|
|
||||
Creditors: Amounts Falling Due Within One Year | 4 |
( |
( |
||
NET CURRENT ASSETS (LIABILITIES) |
( |
( |
|||
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
( |
|||
NET LIABILITIES |
( |
( |
|||
CAPITAL AND RESERVES | |||||
Called up share capital | 5 |
|
|
||
Income Statement |
( |
( |
|||
SHAREHOLDERS' FUNDS | (413,685) | (308,437) | |||
Directors' responsibilities:
-
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 company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.
The financial statements were approved by the board of directors on 3 March 2021 and were signed on its behalf by:
Director
|
|
The notes on page 2 form part of these financial statements.
Page 1
Hiddentec R & D Limited
Notes to the Financial Statements
For The Year Ended
31 December 2020
Notes to the Financial Statements
1.
Accounting Policies
1.1.
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
1.2.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
2.
Average Number of Employees
Average number of employees, including directors, during the year was as follows: 3 (2019: 3)
3.
Debtors
2020 | 2019 | ||
---|---|---|---|
€ | € | ||
Due within one year | |||
Trade debtors |
|
|
|
Other debtors | 1,943 | 3,071 | |
|
|
||
4.
Creditors: Amounts Falling Due Within One Year
2020 | 2019 | ||
---|---|---|---|
€ | € | ||
Trade creditors |
|
|
|
Bank loans and overdrafts |
|
|
|
Amounts owed to participating interests | - | 295,674 | |
Other creditors | 1,407 | 1,407 | |
|
|
||
5.
Share Capital
2020 | 2019 | ||
---|---|---|---|
Allotted, Called up and fully paid |
|
|
|
6.
General Information
Hiddentec R & D Limited
is a private company, limited by shares, incorporated in England & Wales, registered number
10535442
. The registered office is Unit 9 Roach View Business Park, Millhead Way, Rochford, Essex, SS4 1LB.
Page 2