Harold C. Wakefield (Builders) Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 00796644 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2019

FOR

HAROLD C. WAKEFIELD (BUILDERS) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Chartered Accountants' Report

5

DIRECTORS:

A K J Wakefield

K J M Wakefield

SECRETARY:

K J M Wakefield

REGISTERED OFFICE:

117 Hinckley Road

Stoke Golding

Nuneaton

Warwickshire

CV13 6ED

REGISTERED NUMBER:

00796644 (England and Wales)

ACCOUNTANTS:

SFB Group Limited

Chartered Accountants

Manor Court Chambers

Townsend Drive

Nuneaton

Warwickshire

CV11 6RU

FIXED ASSETS

Tangible assets

5

-

3,860

CURRENT ASSETS

Stocks

-

293,027

Debtors

6

175

1,756

Cash at bank

44,102

373,310

44,277

668,093

CREDITORS

Amounts falling due within one year

7

52,521

756,621

NET CURRENT LIABILITIES

(8,244

)

(88,528

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(8,244

)

(84,668

)

PROVISIONS FOR LIABILITIES

719

719

NET LIABILITIES

(8,963

)

(85,387

)

CAPITAL AND RESERVES

Called up share capital

740

740

Capital redemption reserve

260

260

Retained earnings

(9,963

)

(86,387

)

SHAREHOLDERS' FUNDS

(8,963

)

(85,387

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2019 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors on 10 January 2020 and were signed on its behalf by:

K J M Wakefield - Director

1.	STATUTORY INFORMATION

Harold C. Wakefield (Builders) 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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 etc

-

25% on reducing balance and 20% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks

to their present location and condition.

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2018 - 2 ) .

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 May 2018

-

32,051

32,051

Additions

27,000

-

27,000

Disposals

(27,000

)

(32,051

)

(59,051

)

At 30 April 2019

-

-

-

DEPRECIATION

At 1 May 2018

-

28,191

28,191

Eliminated on disposal

-

(28,191

)

(28,191

)

At 30 April 2019

-

-

-

NET BOOK VALUE

At 30 April 2019

-

-

-

At 30 April 2018

-

3,860

3,860

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Other debtors

175

1,756

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Trade creditors

173

45

Taxation and social security

1,122

100

Other creditors

51,226

756,476

52,521

756,621

8.	ULTIMATE CONTROLLING PARTY

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.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of

Harold C. Wakefield (Builders) Limited for the year ended 30 April 2019 which comprise the Profit and Loss Account, Balance Sheet and

the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Harold C. Wakefield (Builders) Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Harold C. Wakefield (Builders) Limited and state those matters that we have agreed to state to the Board of Directors of Harold C. Wakefield (Builders) Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Harold C. Wakefield (Builders) Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Harold C. Wakefield (Builders) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Harold C. Wakefield (Builders) Limited. You consider that Harold C. Wakefield (Builders) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Harold C. Wakefield (Builders) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

SFB Group Limited

Chartered Accountants

Manor Court Chambers

Townsend Drive

Nuneaton

Warwickshire

CV11 6RU

10 January 2020