Contents of the Financial Statements

for the Period Ended 30 June 2021

Company Information

for the Period Ended 30 June 2021

Balance sheet

As at 30 June 2021

The notes form part of these financial statements

Balance sheet continued

As at 30 June 2021

For the year ending 30 June 2021 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 30 June 2021

• 1. Accounting policies

  Basis of measurement and preparation

  These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

  Turnover policy

  The turnover shown in the profit and loss account represents the value of work done in the period, exclusive of Value Added Tax.
  Sales are recognised at the point at which the company had fulfilled its contractual obligations to the customer.

  Tangible fixed assets depreciation policy

  Tangible fixed assets are stated at cost less depreciation. Cost represents the purchase price together with any incidental costs of acquisition. Depreciation is calculated so as to write off the cost of the asset, net of anticipated disposal proceeds, over the useful economic life of the asset as follows; Plant, machinery and equipment - 25% reducing balance

  Intangible fixed assets amortisation policy

  Amortisation is calculated so as to write off the cost of an asset, net of anticipated disposal proceeds, over the useful economic life of the asset as follows; Goodwill - 4% straight line.

  Other accounting policies

  Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax, or a right to receive a repayment of tax.

Notes to the Financial Statements

for the Period Ended 30 June 2021

• 2. Employees

  	2021	2020
  Average number of employees during the period	2	2

Notes to the Financial Statements

for the Period Ended 30 June 2021

• 3. Off balance sheet disclosure

  No

Notes to the Financial Statements

for the Period Ended 30 June 2021

Notes to the Financial Statements

for the Period Ended 30 June 2021

5. Tangible Assets