EXPRESS CONTRACT DRYING LTD

EXPRESS CONTRACT DRYING LTD

EXPRESS CONTRACT DRYING LTD - Company Information

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EXPRESS CONTRACT DRYING LTD

Company Registration Number:
03216491 (England and Wales)

Unaudited abridged accounts for the year ended 30 April 2021

Period of accounts

Start date: 01 May 2020

End date: 30 April 2021

EXPRESS CONTRACT DRYING LTD

Contents of the Financial Statements

for the Period Ended 30 April 2021

Balance sheet
Notes

EXPRESS CONTRACT DRYING LTD

Balance sheet

As at 30 April 2021


Notes
2021
2020


£
£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets: 3 0 1,688
Tangible assets: 4 823,407 1,956,887
Total fixed assets: 823,407 1,958,575
Current assets
Stocks: 148,769 298,769
Debtors:   965,653 1,230,864
Cash at bank and in hand: 3,060,859 1,458,506
Total current assets: 4,175,281 2,988,139
Creditors: amounts falling due within one year:   (1,375,604) (855,707)
Net current assets (liabilities): 2,799,677 2,132,432
Total assets less current liabilities: 3,623,084 4,091,007
Creditors: amounts falling due after more than one year:   (59,328) (150,112)
Provision for liabilities: 0 (246,720)
Total net assets (liabilities): 3,563,756 3,694,175
Capital and reserves
Called up share capital: 20,000 20,000
Profit and loss account: 3,543,756 3,674,175
Shareholders funds: 3,563,756 3,694,175

The notes form part of these financial statements

EXPRESS CONTRACT DRYING LTD

Balance sheet statements

For the year ending 30 April 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 26 January 2022
and signed on behalf of the board by:

Name: D Mcdermott
Status: Director

The notes form part of these financial statements

EXPRESS CONTRACT DRYING LTD

Notes to the Financial Statements

for the Period Ended 30 April 2021

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

EXPRESS CONTRACT DRYING LTD

Notes to the Financial Statements

for the Period Ended 30 April 2021

2. Employees

2021 2020
Average number of employees during the period 71 71

EXPRESS CONTRACT DRYING LTD

Notes to the Financial Statements

for the Period Ended 30 April 2021

3. Intangible Assets

Total
Cost £
At 01 May 2020 202,500
At 30 April 2021 202,500
Amortisation
At 01 May 2020 200,812
Charge for year 1,688
At 30 April 2021 202,500
Net book value
At 30 April 2021 0
At 30 April 2020 1,688

EXPRESS CONTRACT DRYING LTD

Notes to the Financial Statements

for the Period Ended 30 April 2021

4. Tangible Assets

Total
Cost £
At 01 May 2020 6,777,867
Disposals (9,334)
Revaluations (500,000)
At 30 April 2021 6,268,533
Depreciation
At 01 May 2020 4,820,980
Charge for year 624,146
At 30 April 2021 5,445,126
Net book value
At 30 April 2021 823,407
At 30 April 2020 1,956,887