Company Registration No. 01748149 (England and Wales)
Tamworth Electrical Wholesale Supplies Limited
Unaudited accounts
for the year ended 31 March 2020
Tamworth Electrical Wholesale Supplies Limited
Unaudited accounts
Contents
Tamworth Electrical Wholesale Supplies Limited
Company Information
for the year ended 31 March 2020
Directors
Steven Kitteridge
Eileen Kitteridge
Company Number
01748149 (England and Wales)
Registered Office
Unit 11/12 Kettlebrook Industrial Estate
Kettlebrook Road
Tamworth
B77 1BB
UK
Accountants
Z Reed
8 West View Court
Sutton Coldfield
West Midlands
B75 6BB
Tamworth Electrical Wholesale Supplies Limited
Statement of financial position
as at 31 March 2020
Tangible assets
222,065
225,023
Cash at bank and in hand
37,034
59,765
Creditors: amounts falling due within one year
(31,454)
(53,697)
Net current assets
59,443
71,199
Net assets
281,508
296,222
Called up share capital
1,000
1,000
Profit and loss account
280,508
295,222
Shareholders' funds
281,508
296,222
For the year ending 31 March 2020 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.
The financial statements were approved by the Board of Directors and authorised for issue on 1 December 2020 and were signed on its behalf by
Steven Kitteridge
Director
Company Registration No. 01748149
Tamworth Electrical Wholesale Supplies Limited
Notes to the Accounts
for the year ended 31 March 2020
Tamworth Electrical Wholesale Supplies Limited is a private company, limited by shares, registered in England and Wales, registration number 01748149. The registered office is Unit 11/12 Kettlebrook Industrial Estate, Kettlebrook Road, Tamworth, B77 1BB, UK.
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:
Land & buildings
Straight Line @ 1%
Plant & machinery
Reducing Balance at 15%
Motor vehicles
Reducing Balance at 25%
Fixtures & fittings
Reducing Balance at 15%
Computer equipment
Reducing Balance at 33%
Tamworth Electrical Wholesale Supplies Limited
Notes to the Accounts
for the year ended 31 March 2020
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 April 2019
252,779
6,904
9,468
5,293
4,222
278,666
At 31 March 2020
252,779
7,097
9,468
5,293
4,222
278,859
At 1 April 2019
29,485
6,672
9,227
4,675
3,584
53,643
Charge for the year
2,528
204
37
142
240
3,151
At 31 March 2020
32,013
6,876
9,264
4,817
3,824
56,794
At 31 March 2020
220,766
221
204
476
398
222,065
At 31 March 2019
223,294
232
241
618
638
225,023
Finished goods
40,383
51,026
Trade debtors
7,443
13,347
Accrued income and prepayments
6,037
758
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Creditors: amounts falling due within one year
2020
2019
Trade creditors
22,759
38,732
Taxes and social security
7,925
12,795
8
Average number of employees
During the year the average number of employees was 4 (2019: 4).
