Wright & Sons (Maintenance) Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 09236772 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 APRIL 2018 TO 30 MARCH 2019

FOR

WRIGHT & SONS (MAINTENANCE) LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr D J Wright

REGISTERED OFFICE:

111 The Street

Willesborough

Ashford

Kent

TN24 0NB

REGISTERED NUMBER:

09236772 (England and Wales)

ACCOUNTANTS:

MMP Accounting Solutions Ltd

3 Queen Street

Ashford

Kent

TN23 1RF

FIXED ASSETS

Tangible assets

4

3,072

4,096

CURRENT ASSETS

Debtors

5

426

-

CREDITORS

Amounts falling due within one year

6

4,171

6,207

NET CURRENT LIABILITIES

(3,745

)

(6,207

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(673

)

(2,111

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(773

)

(2,211

)

SHAREHOLDERS' FUNDS

(673

)

(2,111

)

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

The members have not required the company to obtain an audit of its financial statements for the period ended 30 March 2019 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 24 February 2020 and were signed by:

.......................................................

Mr D J Wright - Director

1.	STATUTORY INFORMATION

Wright & Sons (Maintenance) Ltd 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 each asset over its estimated useful life.

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2018 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 April 2018

and 30 March 2019

7,000

448

7,448

DEPRECIATION

At 1 April 2018

3,063

289

3,352

Charge for period

984

40

1,024

At 30 March 2019

4,047

329

4,376

NET BOOK VALUE

At 30 March 2019

2,953

119

3,072

At 31 March 2018

3,937

159

4,096

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.3.19

31.3.18

£

£

Other debtors

426

-

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.3.19

31.3.18

£

£

Bank loans and overdrafts

410

83

Taxation and social security

279

-

Other creditors

3,482

6,124

4,171

6,207