GWM (Builders) Ltd

GWM (Builders) Ltd

G.W.M. (BUILDERS) LIMITED - Company Information

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1 November 2017 false Taxfiler 2018.20.Web 01494516business:PrivateLimitedCompanyLtd2017-11-012018-10-31 014945162017-10-31 014945162017-11-012018-10-31 01494516business:AuditExempt-NoAccountantsReport2017-11-012018-10-31 01494516business:FullAccounts2017-11-012018-10-31 014945162018-10-31 01494516business:Director12017-11-012018-10-31 01494516business:Director22017-11-012018-10-31 01494516business:CompanySecretary12017-11-012018-10-31 01494516business:RegisteredOffice2017-11-012018-10-31 014945162017-10-31 01494516core:WithinOneYear2018-10-31 01494516core:WithinOneYear2017-10-31 01494516core:ShareCapital2018-10-31 01494516core:ShareCapital2017-10-31 01494516core:RetainedEarningsAccumulatedLosses2018-10-31 01494516core:RetainedEarningsAccumulatedLosses2017-10-31 01494516business:SmallEntities2017-11-012018-10-31 01494516countries:EnglandWales2017-11-012018-10-31 01494516core:PlantMachinery2017-10-31 01494516core:MotorVehicles2017-10-31 01494516core:PlantMachinery2018-10-31 01494516core:MotorVehicles2018-10-31 01494516business:OrdinaryShareClass12017-11-012018-10-31 01494516business:OrdinaryShareClass12016-11-012017-10-31 014945162016-11-012017-10-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 01494516 (England and Wales)
GWM (Builders) Ltd Unaudited accounts for the year ended 31 October 2018
GWM (Builders) Ltd Unaudited accounts Contents
Page
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GWM (Builders) Ltd Company Information for the year ended 31 October 2018
Directors
M G Manktelow Mrs A J Adams
Secretary
M G Manktelow
Company Number
01494516 (England and Wales)
Registered Office
35 Cricketfield Road HORSHAM W Sussex RH12 1TE
Accountants
John Attfield 55, Worthing Road HORSHAM W Sussex RH12 1TD
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GWM (Builders) Ltd Statement of financial position as at 31 October 2018
2018 
2017 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
11 
11 
Current assets
Inventories
5
5,600 
200 
Debtors
6
556,749 
578,694 
Cash at bank and in hand
181,444 
203,301 
743,793 
782,195 
Creditors: amounts falling due within one year
7
(92,605)
(130,108)
Net current assets
651,188 
652,087 
Net assets
651,199 
652,098 
Capital and reserves
Called up share capital
8
20 
20 
Profit and loss account
651,179 
652,078 
Shareholders' funds
651,199 
652,098 
For the year ending 31 October 2018 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 26 February 2019.
M G Manktelow Director Company Registration No. 01494516
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GWM (Builders) Ltd Notes to the Accounts for the year ended 31 October 2018
1
Statutory information
GWM (Builders) Ltd is a private company, limited by shares, registered in England and Wales, registration number 01494516. The registered office is 35 Cricketfield Road, HORSHAM, W Sussex, RH12 1TE.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 November 2017
9,863 
15,510 
25,373 
At 31 October 2018
9,863 
15,510 
25,373 
Depreciation
At 1 November 2017
9,854 
15,508 
25,362 
At 31 October 2018
9,854 
15,508 
25,362 
Net book value
At 31 October 2018
9 
2 
11 
At 31 October 2017
9 
2 
11 
5
Inventories
2018 
2017 
£ 
£ 
Raw materials
200 
200 
Work in progress
5,400 
- 
5,600 
200 
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GWM (Builders) Ltd Notes to the Accounts for the year ended 31 October 2018
6
Debtors
2018 
2017 
£ 
£ 
Trade debtors
3,157 
- 
Other debtors
553,592 
578,694 
556,749 
578,694 
7
Creditors: amounts falling due within one year
2018 
2017 
£ 
£ 
Trade creditors
50,267 
66,150 
Taxes and social security
6,132 
22,672 
Proposed dividends
2,000 
7,600 
Loans from directors
34,206 
33,686 
92,605 
130,108 
8
Share capital
2018 
2017 
£ 
£ 
Allotted, called up and fully paid:
20 Ordinary shares of £1 each
20 
20 
9
Transactions with related parties
During the year, work amounting to £25,945 was carried out on behalf on an associated company, £2,545 on behalf of the directors and £153 on behalf on the directors' father. The debtor of £553,592 represents a debt due from an associated company.
10
Average number of employees
During the year the average number of employees was 4 (2017: 4).
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