Sunbury Tubing & Pneumatics Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 01287344 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2020

for

Sunbury Tubing & Pneumatics Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

Report of the Accountants

6

DIRECTORS:

M Crozier

Mrs W Crozier

REGISTERED OFFICE:

100 Royston Road

Byfleet

Surrey

KT14 7NY

REGISTERED NUMBER:

01287344 (England and Wales)

ACCOUNTANTS:

Suzanne Cater ACA

8 Terminal House

Station Approach

Shepperton

Middlesex

TW17 8AS

FIXED ASSETS

Tangible assets

4

39

46

CURRENT ASSETS

Stocks

400

Debtors

5

57,415

64,442

Cash at bank

3,713

1,491

61,528

66,333

CREDITORS

Amounts falling due within one year

6

2,132

4,098

NET CURRENT ASSETS

59,396

62,235

TOTAL ASSETS LESS CURRENT
LIABILITIES

59,435

62,281

CAPITAL AND RESERVES

Called up share capital

1,000

Retained earnings

58,435

61,281

SHAREHOLDERS' FUNDS

59,435

62,281

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 17 September 2021 and were signed on its behalf by:

M Crozier - Director

1.	STATUTORY INFORMATION

Sunbury Tubing & Pneumatics Limited is a private company, limited by shares , registered in England and Wales. 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

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

-

15% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2020

and 31 December 2020

9,781

DEPRECIATION

At 1 January 2020

9,735

Charge for year

7

At 31 December 2020

9,742

NET BOOK VALUE

At 31 December 2020

39

At 31 December 2019

46

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.20

31.12.19

£

Trade debtors

3,308

6,909

Amounts owed by group undertakings

54,033

57,533

Other debtors

74

-

57,415

64,442

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.20

31.12.19

£

Trade creditors

1,136

2,995

Taxation and social security

-

712

Other creditors

996

391

2,132

4,098

7.	FINANCIAL INSTRUMENTS

There is an intra group loan included in debtors repayable in less than one year of £54,033 which is owed by the parent company West London Shotblast Centre Limited. The loan agreement states that Sunbury Tubing & Pneumatics Limited can request repayment at short notice. This amount is deemed fully recoverable as at 31 December 2020.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Statement of Financial Position you are responsible for the preparation of the financial statements for the year ended 31 December 2020 set out on pages nil to nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.