Envirofield Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06972863 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2021

FOR

ENVIROFIELD LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

7

DIRECTORS:

Ms K M Gumley

R A Hughes

N Reid

S G Evans

REGISTERED OFFICE:

Andoversford Industrial Estate

Andoversford

Cheltenham

Gloucestershire

GL54 4LZ

REGISTERED NUMBER:

06972863 (England and Wales)

ACCOUNTANTS:

CC & NJM Lee

Primrose Cottage

The Green

Hargrave

Bury St Edmunds

Suffolk

IP29 5HX

FIXED ASSETS

Tangible assets

4

384,639

485,501

CURRENT ASSETS

Debtors

5

179,155

73,052

Cash at bank

499,837

503,123

678,992

576,175

CREDITORS

Amounts falling due within one year

6

375,722

422,372

NET CURRENT ASSETS

303,270

153,803

TOTAL ASSETS LESS CURRENT LIABILITIES

687,909

639,304

CREDITORS

Amounts falling due after more than one year

7

(11,900

)

(10,135

)

PROVISIONS FOR LIABILITIES

(45,411

)

-

NET ASSETS

630,598

629,169

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

8

630,498

629,069

SHAREHOLDERS' FUNDS

630,598

629,169

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 March 2022 and were signed on its behalf by:

Ms K M Gumley - Director

1.	STATUTORY INFORMATION

Envirofield Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery

-

20% on reducing balance

Motor vehicles

-

20% on reducing balance

Office equipment

-

20% on reducing balance

Taxation

Tax is recognised in the Income Statement except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2020 - 10 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 January 2021

75,298

850,313

925,611

Additions

-

42,740

42,740

Disposals

-

(130,565

)

(130,565

)

At 31 December 2021

75,298

762,488

837,786

DEPRECIATION

At 1 January 2021

-

440,110

440,110

Charge for year

-

75,803

75,803

Eliminated on disposal

-

(62,766

)

(62,766

)

At 31 December 2021

-

453,147

453,147

NET BOOK VALUE

At 31 December 2021

75,298

309,341

384,639

At 31 December 2020

75,298

410,203

485,501

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Trade debtors

174,925

68,989

Other debtors

4,230

4,063

179,155

73,052

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Hire purchase contracts

9,741

42,959

Trade creditors

10,156

2,265

Taxation and social security

137,553

119,998

Other creditors

218,272

257,150

375,722

422,372

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2021

2020

£

£

Hire purchase contracts

11,900

10,135

8.

RESERVES

Retained

earnings

£

At 1 January 2021

629,069

Profit for the year

1,429

At 31 December 2021

630,498

9.	OTHER FINANCIAL COMMITMENTS

At the balance sheet date, the Company had other financial commitments of £2,000.

10.	POST BALANCE SHEET EVENTS

All directors that served during the year to 31st December 2021 resigned on the 14th February 2022.

The four new directors shown on page 2 were appointed on the same date.

The Company's registered office changed to that shown on page 1 on the 16th February 2022.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 December 2021 set out on pages two to six and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

CC & NJM Lee

Primrose Cottage

The Green

Hargrave

Bury St Edmunds

Suffolk

IP29 5HX

7 March 2022