SPV Products Ltd. - Accounts to registrar (filleted) - small 17.3
SPV Products Ltd. - Accounts to registrar (filleted) - small 17.3
| REGISTERED NUMBER: |
| Cessation Financial Statements |
| for the Period |
| 1 August 2016 to 31 January 2018 |
| for |
| SPV Products Ltd. |
| SPV Products Ltd. (Registered number: 02730319) |
| Contents of the Financial Statements |
| for the Period 1 August 2016 to 31 January 2018 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| SPV Products Ltd. |
| Company Information |
| for the Period 1 August 2016 to 31 January 2018 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants & Business Advisers |
| 15 Newland |
| Lincoln |
| Lincolnshire |
| LN1 1XG |
| SPV Products Ltd. (Registered number: 02730319) |
| Balance Sheet |
| 31 January 2018 |
| 2018 | 2016 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 7 |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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. |
| 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 on by: |
| SPV Products Ltd. (Registered number: 02730319) |
| Notes to the Financial Statements |
| for the Period 1 August 2016 to 31 January 2018 |
| 1. | STATUTORY INFORMATION |
| SPV Products Ltd. is a |
| registered number and registered office address can be found on the Company Information page. |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| The financial statements cover a 18 month period, the comparatives cover a 12 month period which is not |
| entirely comparable. A longer period was used to take the financial statements up to the date trade ceased. |
| Turnover |
| Turnover represents net invoiced services provided, adjusted for unbilled work at the year end, excluding value |
| added tax. |
| Tangible fixed assets |
| Plant and machinery | - |
| Motor vehicles | - |
| Computer equipment | - |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and |
| slow moving items. |
| Taxation |
| Taxation for the period comprises current and deferred tax. 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 period 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 period was |
| SPV Products Ltd. (Registered number: 02730319) |
| Notes to the Financial Statements - continued |
| for the Period 1 August 2016 to 31 January 2018 |
| 4. | TANGIBLE FIXED ASSETS |
| Plant and | Motor | Computer |
| machinery | vehicles | equipment | Totals |
| £ | £ | £ | £ |
| COST |
| At 1 August 2016 |
| Disposals | ( |
) | ( |
) | ( |
) | ( |
) |
| At 31 January 2018 |
| DEPRECIATION |
| At 1 August 2016 |
| Eliminated on disposal | ( |
) | ( |
) | ( |
) | ( |
) |
| At 31 January 2018 |
| NET BOOK VALUE |
| At 31 January 2018 |
| At 31 July 2016 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2018 | 2016 |
| £ | £ |
| Trade debtors |
| Other debtors |
| Prepayments |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2018 | 2016 |
| £ | £ |
| Trade creditors |
| Corporation tax |
| Social security and other taxes |
| VAT | - | 1,269 |
| Directors' current accounts | 7,540 | 1,259 |
| Accrued expenses |
| 7. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2018 | 2016 |
| value: | £ | £ |
| Ordinary | 1 | 100 | 100 |
| 8. | FIRST YEAR ADOPTION |
| No adjustments to the accounts were required on the adoption of FRS 102. |