Chris J Webb Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 05857217 (England and Wales)

Unaudited Financial Statements for the Year Ended 31st March 2020

for

CHRIS J WEBB LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

C J Webb

Mrs A J Webb

SECRETARY:

Mrs A J Webb

REGISTERED OFFICE:

Wood View, 14 Nairdwood Close

Nairdwood Lane

Prestwood

Great Missenden

Buckinghamshire

HP16 0QN

REGISTERED NUMBER:

05857217 (England and Wales)

ACCOUNTANTS:

Quantulus Limited

Accountants & Business Advisors

Spen Cottage

Coombe Lane

Hughenden Valley

Buckinghamshire

HP14 4NX

FIXED ASSETS

Tangible assets

4

8,430

10,903

CURRENT ASSETS

Stocks

-

93,723

Debtors

5

4,550

1,652

Cash at bank

88,805

75,649

93,355

171,024

CREDITORS

Amounts falling due within one year

6

46,888

71,507

NET CURRENT ASSETS

46,467

99,517

TOTAL ASSETS LESS CURRENT LIABILITIES

54,897

110,420

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

54,797

110,320

SHAREHOLDERS' FUNDS

54,897

110,420

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2020 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 and authorised for issue on 1st May 2020 and were signed on its behalf by:

C J Webb - Director

1.	STATUTORY INFORMATION

Chris J Webb 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 etc

-

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the

lease.

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 2 (2019 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st April 2019

70,829

Disposals

(8,500

)

At 31st March 2020

62,329

DEPRECIATION

At 1st April 2019

59,926

Charge for year

2,108

Eliminated on disposal

(8,135

)

At 31st March 2020

53,899

NET BOOK VALUE

At 31st March 2020

8,430

At 31st March 2019

10,903

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2019

£

£

Trade debtors

480

1,652

Other debtors

4,070

-

4,550

1,652

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2019

£

£

Trade creditors

26,847

50,457

Taxation and social security

20,041

21,050

46,888

71,507

7.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr C & Mrs A Webb.