Webb Ellis Limited,Ltd - AccountsLtd - Accounts
Webb Ellis Limited,Ltd - AccountsLtd - Accounts
Registered Number:02652331 |
For the year ended 31 March 2020
England and Wales
Unaudited Financial Statements
2
For the year ended 31 March 2020
Webb Ellis Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number : |
As at |
Webb Ellis Limited
Statement of Financial Position
£ |
£ |
2019
2020
Notes |
Fixed assets |
Intangible assets |
2
Property, plant and equipment |
3
Current assets |
Inventories |
4
Trade and other receivables |
5
Trade and other payables: amounts falling due within one |
year |
(887,560 )
(896,091 )
6
(542,347)
(523,367 )
Net current liabilities
Total assets less current liabilities |
(476,755 )
(493,865 )
(476,755 )
Net liabilities
(493,865 )
Capital and reserves |
Called up share capital |
Retained earnings |
(476,855 )
(493,965 )
(476,755 )
(493,865 )
Shareholders' funds
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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
These financial statements were approved and authorised for issue by the Board on |
The notes form part of these financial statements |
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4
For the year ended 31 March 2020
Webb Ellis Limited
Notes to the Financial Statements
Statutory Information
Webb Ellis Limited is a private limited company, limited by shares, domiciled in England and Wales, registration |
number 02652331. |
Registered address: |
5 & 6 St Matthews Street
Rugby
Warwickshire
CV21 3BY
The presentation currency is £ sterling. |
1. Accounting policies |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Intangible assets
Property, plant and equipment
Plant and machinery
Computer equipment
Motor vehicles
Fixtures and fittings
Inventories
Foreign currencies
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5
For the year ended 31 March 2020
Webb Ellis Limited
Notes to the Financial Statements Continued
2. Intangible fixed assets |
Other |
Intangible |
Assets |
Cost or valuation |
£ |
At 01 April 2019 |
At 31 March 2020 |
Net book value |
At 31 March 2020 |
At 31 March 2019 |
33,896
Intangible assets are included within the accounts at cost as they are acquired by the company. |
The director has looked at the residual value of these assets and has concluded that their residual value is likely to |
exceed the original cost, and therefore there is no amortisation attributable to them. |
3. Property, plant and equipment |
Total |
Computer |
equipment |
Fixtures and |
fittings |
Motor vehicles
Plant and |
machinery |
Land and |
buildings |
£ |
£ |
£ |
£ |
£ |
£ |
Cost or |
valuation |
At 01 April 2019 |
At 31 March 2020 |
Provision for depreciation and impairment |
At 01 April 2019 |
Charge for year
At 31 March 2020 |
At 31 March 2020 |
Net book value |
At 31 March 2019 |
4. Inventories |
2019
2020
£ |
£ |
Stocks |
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6
For the year ended 31 March 2020
Webb Ellis Limited
Notes to the Financial Statements Continued
5. Trade and other receivables |
2019
2020
£ |
£ |
Trade debtors |
Other debtors |
6. Trade and other payables: amounts falling due within one year |
2019
2020
£ |
£ |
Bank loans and overdraft |
Trade creditors |
Taxation and social security |
Other creditors |
7. Related party transactions |
Within other creditors is an amount of £34,339,(2019 £32,376) that is payable to Chryso Limited by Webb Ellis |
Limited. Within trade debtors is an amount of £23,565 (2019 £20,086) that is payable by Chryso Limited to Webb |
Ellis Limited and within trade creditors is an amount of £5,737 (2019 £6,993) that is payable to Chryso Limited by |
Webb Ellis Limited. All transactions are carried out on normal commercial terms. Lawrence Webb is a director and |
shareholder of both Webb Ellis Limited and Chryso Limited. |
8. Average number of persons employed |
During the year the average number of employees was 9 (2019 : 9 )
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