Argvent Property Ltd
Argvent Property Ltd
Registered number: 09443743
Unaudited Financial Statements
For The Year Ended
28 February 2021
PAB
Argvent Property Ltd
Unaudited Financial Statements
For The Year Ended
28 February 2021
Unaudited Financial Statements
Contents | |
Page | |
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Balance Sheet | 1 |
Notes to the Financial Statements | 2—3 |
Argvent Property Ltd
Balance Sheet
As at
28 February 2021
Balance Sheet
Registered number:
09443743
For the year ending 28 February 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
2021 | 2020 | ||||
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Notes | £ | £ | £ | £ | |
CURRENT ASSETS | |||||
Stocks | 3 |
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Debtors | 4 |
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Cash at bank and in hand |
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NET CURRENT ASSETS (LIABILITIES) |
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TOTAL ASSETS LESS CURRENT LIABILITIES |
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Creditors: Amounts Falling Due After More Than One Year | 5 |
( |
( |
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NET LIABILITIES |
( |
( |
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CAPITAL AND RESERVES | |||||
Called up share capital | 6 |
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Profit and Loss Account |
( |
( |
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SHAREHOLDERS' FUNDS | (11,660) | (11,660) | |||
Director's responsibilities
-
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. -
The director acknowledges his 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 Profit and Loss Account.
On behalf of the board
Director
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The notes on pages 2 to 3 form part of these financial statements.
Page 1
Argvent Property Ltd
Notes to the Financial Statements
For The Year Ended
28 February 2021
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.
Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
1.3.
Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account. The notes which are not included have been hidden but original note numbering has remained the same for those that are present.
2.
Average Number of Employees
Average number of employees, including directors, during the year was as follows:
2021 | 2020 | ||
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Office and administration |
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3.
Stocks
2021 | 2020 | ||
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£ | £ | ||
Stock - work in progress |
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4.
Debtors
2021 | 2020 | ||
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£ | £ | ||
Due within one year | |||
Other debtors |
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5.
Creditors: Amounts Falling Due After More Than One Year
2021 | 2020 | ||
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£ | £ | ||
Directors loan account |
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6.
Share Capital
2021 | 2020 | ||
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Allotted, Called up and fully paid |
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7.
Ultimate Controlling Party
The company's ultimate controlling party is
Adam Gough
by virtue of his ownership of 100% of the issued share capital in the company.
Page 2
Argvent Property Ltd
Notes to the Financial Statements (continued)
For The Year Ended
28 February 2021
8.
General Information
Argvent Property Ltd
is a private company, limited by shares, incorporated in England & Wales, registered number
09443743
. The registered office is Woodberry House, 2 Woodberry Grove, Finchley, London, N12 0DR.
Page 3