Bradshaw Cutting & Creasing Co Ltd 31/12/2020 iXBRL
Bradshaw Cutting & Creasing Co Ltd 31/12/2020 iXBRL
Company registration number:
00842559
Contents
Directors and other information
Statement of financial position
Statement of changes in equity
Notes to the financial statements
Directors and other information
Directors |
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Company number |
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Registered office |
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Statement of financial position
31 December 2020
2020 | 2019 | ||||||||
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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Provisions for liabilities |
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Net assets |
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Capital and reserves | |||||||||
Called up share capital |
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Fair value reserve |
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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 comprehensive income has not been delivered.
These financial statements were approved by the
board of directors
and authorised for issue on
06 December 2021
, and are signed on behalf of the board by:
Director
Company registration number:
00842559
Statement of changes in equity
Year ended 31 December 2020
Called up share capital | Fair value reserve | Profit and loss account | Total | ||||
£ | £ | £ | £ | ||||
At 1 January 2019 |
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Loss for the year |
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Total comprehensive income for the year | - | - |
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At 31 December 2019 and 1 January 2020 |
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Loss for the year |
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Total comprehensive income for the year | - | - |
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At 31 December 2020 |
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Notes to the financial statements
Year ended 31 December 2020
1.
General information
The company is a private company limited by shares, registered in UK. The address of the registered office is Medcar House, 149a Stamford Hill, London, N16 5LL.
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:
Plant and machinery | - |
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Fittings fixtures and equipment | - |
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If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.
Provisions
Financial instruments
4.
Staff costs
The average number of persons employed by the company during the year amounted to Nil (2019:
2
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The aggregate payroll costs incurred during the year were:
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Wages and salaries |
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Social security costs |
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5.
Tangible assets
Freehold property | Plant and machinery | Fixtures, fittings and equipment | Total | ||
£ | £ | £ | £ | ||
Cost | |||||
At 1 January 2020 and 31 December 2020 |
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Depreciation | |||||
At 1 January 2020 | - |
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Charge for the year | - |
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At 31 December 2020 | - |
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Carrying amount | |||||
At 31 December 2020 |
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At 31 December 2019 |
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22,502,567 | |
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6.
Debtors
2020 | 2019 | |||
£ | £ | |||
Trade debtors | - |
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Other debtors |
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7.
Creditors: amounts falling due within one year
2020 | 2019 | |||
£ | £ | |||
Other creditors |
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8.
Directors advances, credits and guarantees