Otter Stop Limited 28/02/2021 iXBRL
Otter Stop Limited 28/02/2021 iXBRL
Company registration number:
08403289
Contents
Directors and other information
Statement of financial position
Notes to the financial statements
Directors and other information
Directors |
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(Appointed 8 January 2021) | |
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(Resigned 7 January 2021) | ||
Company number |
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Registered office |
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Business address |
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Accountants |
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8-10 Gatley Road | |||
Cheadle | |||
Cheshire | |||
SK8 1PY | |||
Statement of financial position
28 February 2021
2021 | 2020 | ||||||||
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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Net assets |
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Capital and reserves | |||||||||
Called up share capital | 8 |
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Profit and loss account |
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Shareholders funds |
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Directors responsibilities:
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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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
These financial statements were approved by the
board of directors
and authorised for issue on
12 November 2021
, and are signed on behalf of the board by:
Director
Company registration number:
08403289
Notes to the financial statements
Year ended 28 February 2021
1.
General information
The company is a private company limited by shares, registered in England. The address of the registered office is Kemp House, 160 City Road, London, England, EC1V 2NX.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Taxation
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:
Fittings fixtures and equipment | - |
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Impairment
Financial instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Debt instruments are subsequently measured at amortised cost.
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
1
(2020:
1
).
5.
Tangible assets
Fixtures, fittings and equipment | Total | ||
£ | £ | ||
Cost | |||
At 29 February 2020 |
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Disposals |
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At 28 February 2021 | - | - | |
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Depreciation | |||
At 29 February 2020 |
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Disposals |
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At 28 February 2021 | - | - | |
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Carrying amount | |||
At 28 February 2021 | - | - | |
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At 28 February 2020 |
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6.
Debtors
2021 | 2020 | |||
£ | £ | |||
Trade debtors |
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Other debtors | - |
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7.
Creditors: amounts falling due within one year
2021 | 2020 | |||
£ | £ | |||
Trade creditors |
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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.
Called up share capital
Issued, called up and fully paid
2021 | 2020 | ||||||||
No | £ | No | £ | ||||||
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100 | 100 | 100 | 100 | |||||
_______ | _______ | _______ | _______ | ||||||