Company Registration No. 04626667 (England and Wales)
Waller & Farnworth Limited
Unaudited accounts
for the year ended 30 June 2019
Waller & Farnworth Limited
Company Information
for the year ended 30 June 2019
Directors
A Farnworth
A Waller
Company Number
04626667 (England and Wales)
Registered Office
2 York Road
Erdington
Birmingham
B23 6TE
Waller & Farnworth Limited
Statement of financial position
as at 30 June 2019
Intangible assets
28,001
35,001
Cash at bank and in hand
44,946
51,185
Creditors: amounts falling due within one year
(48,426)
(63,340)
Net current assets
14,243
10,887
Total assets less current liabilities
43,005
47,096
Provisions for liabilities
Called up share capital
2
2
Profit and loss account
42,874
46,889
Shareholders' funds
42,876
46,891
For the year ending 30 June 2019 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 23 January 2020.
A Farnworth
Director
Company Registration No. 04626667
Waller & Farnworth Limited
Notes to the Accounts
for the year ended 30 June 2019
Waller & Farnworth Limited is a private company, limited by shares, registered in England and Wales, registration number 04626667. The registered office is 2 York Road, Erdington, Birmingham, B23 6TE.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Fixtures & fittings
33.3% straight line basis
Computer equipment
33.3% straight line basis
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
Waller & Farnworth Limited
Notes to the Accounts
for the year ended 30 June 2019
5
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 July 2018
26,335
10,834
37,169
At 30 June 2019
26,335
11,185
37,520
At 1 July 2018
25,452
10,509
35,961
Charge for the year
460
338
798
At 30 June 2019
25,912
10,847
36,759
At 30 June 2019
423
338
761
At 30 June 2018
883
325
1,208
Trade debtors
16,780
9,780
7
Creditors: amounts falling due within one year
2019
2018
Trade creditors
8,432
7,549
Taxes and social security
29,738
34,656
Other creditors
8,922
19,943
Loans from directors
1,334
1,192
8
Average number of employees
During the year the average number of employees was 4 (2018: 4).
