C.E.WETHERELL & SONS LIMITED

C.E.WETHERELL & SONS LIMITED

C.E.WETHERELL & SONS LIMITED - Company Information

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C.E.WETHERELL & SONS LIMITED

Company Registration Number:
00622243 (England and Wales)

Unaudited abridged accounts for the year ended 31 January 2020

Period of accounts

Start date: 01 February 2019

End date: 31 January 2020

C.E.WETHERELL & SONS LIMITED

Contents of the Financial Statements

for the Period Ended 31 January 2020

Balance sheet
Notes

C.E.WETHERELL & SONS LIMITED

Balance sheet

As at 31 January 2020


Notes
2020
2019


£
£
Fixed assets
Tangible assets: 3 1,259,433 1,308,471
Investments: 4 427,601 360,512
Total fixed assets: 1,687,034 1,668,983
Current assets
Stocks: 273,198 275,068
Debtors:   504,727 514,149
Cash at bank and in hand: 632,265 687,572
Total current assets: 1,410,190 1,476,789
Creditors: amounts falling due within one year:   (204,491) (220,970)
Net current assets (liabilities): 1,205,699 1,255,819
Total assets less current liabilities: 2,892,733 2,924,802
Creditors: amounts falling due after more than one year:   (3,207) (10,903)
Provision for liabilities: (16,252) (16,446)
Total net assets (liabilities): 2,873,274 2,897,453
Capital and reserves
Called up share capital: 47,455 47,455
Other reserves: 50,245 50,245
Profit and loss account: 2,775,574 2,799,753
Shareholders funds: 2,873,274 2,897,453

The notes form part of these financial statements

C.E.WETHERELL & SONS LIMITED

Balance sheet statements

For the year ending 31 January 2020 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 16 April 2020
and signed on behalf of the board by:

Name: Mark Wetherell
Status: Director

The notes form part of these financial statements

C.E.WETHERELL & SONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2020

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

C.E.WETHERELL & SONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2020

2. Employees

2020 2019
Average number of employees during the period 56 58

C.E.WETHERELL & SONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2020

3. Tangible Assets

Total
Cost £
At 01 February 2019 2,311,560
Additions 11,225
Disposals (39,316)
At 31 January 2020 2,283,469
Depreciation
At 01 February 2019 1,003,089
Charge for year 47,886
On disposals (26,939)
At 31 January 2020 1,024,036
Net book value
At 31 January 2020 1,259,433
At 31 January 2019 1,308,471

Included within land and buildings are investment properties which were valued by the directors on an open market basis on 31st January 2020 at £270,000 (2019 - £270,000). No depreciation is provided in respect of the properties. On an historical cost basis these would have been included at an original cost of £173,317 (2019 - £173,317).

C.E.WETHERELL & SONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2020

4. Fixed investments

Investments 2020 - £427,601. 2019 - £360,512Cost at 1 Feb 2019 - £360,512Additions - £264,270Valuation changes - £28,154Disposals - (£225,335)Cost at 31 Jan 2020 - £427,601