Warwick Contracts (Midlands) Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 03189983 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2019

FOR

WARWICK CONTRACTS (MIDLANDS) LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs L.M. Jennings

D W Jennings

SECRETARY:

D W Jennings

REGISTERED OFFICE:

573 Chester Road

Sutton Coldfield

West Midlands

B73 5HU

REGISTERED NUMBER:

03189983 (England and Wales)

ACCOUNTANTS:

A K Papadamou & Co

Accountants & Tax Advisors

573 Chester Road

Sutton Coldfield

West Midlands

B73 5HU

BANKERS:

Nationwide Building Society

171 High Street

Erdington

Birmingham

B23 6SY

FIXED ASSETS

Tangible assets

4

34,817

42,294

CURRENT ASSETS

Debtors

5

69,604

47,731

Cash at bank

66,422

23,138

136,026

70,869

CREDITORS

Amounts falling due within one year

6

178,883

124,002

NET CURRENT LIABILITIES

(42,857

)

(53,133

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(8,040

)

(10,839

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(8,140

)

(10,939

)

SHAREHOLDERS' FUNDS

(8,040

)

(10,839

)

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 24 January 2020 and were signed on its behalf by:

D W Jennings - Director

1.	STATUTORY INFORMATION

Warwick Contracts (Midlands) 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 each asset over its estimated useful life.

Plant and machinery

-

10% on reducing balance

Fixtures and fittings

-

10% on reducing balance

Motor vehicles

-

25% on reducing balance

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 3 (2018 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 May 2018

21,756

24,343

98,877

144,976

Additions

-

219

-

219

At 30 April 2019

21,756

24,562

98,877

145,195

DEPRECIATION

At 1 May 2018

12,585

14,196

75,901

102,682

Charge for year

917

1,037

5,742

7,696

At 30 April 2019

13,502

15,233

81,643

110,378

NET BOOK VALUE

At 30 April 2019

8,254

9,329

17,234

34,817

At 30 April 2018

9,171

10,147

22,976

42,294

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Trade debtors

67,884

46,419

Other debtors

1,720

1,312

69,604

47,731

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Trade creditors

42,694

25,666

Taxation and social security

18,389

5,723

Other creditors

117,800

92,613

178,883

124,002

7.	ULTIMATE CONTROLLING PARTY

The controlling party is D W Jennings.