WHEELSBROOK SERVICES LIMITED

WHEELSBROOK SERVICES LIMITED

WHEELSBROOK SERVICES LIMITED - Company Information

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WHEELSBROOK SERVICES LIMITED

Company Registration Number:
06650650 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2020

Period of accounts

Start date: 01 April 2019

End date: 31 March 2020

WHEELSBROOK SERVICES LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2020

Balance sheet
Notes

WHEELSBROOK SERVICES LIMITED

Balance sheet

As at 31 March 2020


Notes
2020
2019


£
£
Fixed assets
Tangible assets: 3 2,820 5,897
Total fixed assets: 2,820 5,897
Current assets
Stocks: 108,705 97,408
Debtors: 4 127,726 139,975
Cash at bank and in hand: 104,373 11,607
Total current assets: 340,804 248,990
Creditors: amounts falling due within one year:   (195,223) (146,966)
Net current assets (liabilities): 145,581 102,024
Total assets less current liabilities: 148,401 107,921
Provision for liabilities:   (58)
Total net assets (liabilities): 148,401 107,863
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 148,301 107,763
Shareholders funds: 148,401 107,863

The notes form part of these financial statements

WHEELSBROOK SERVICES LIMITED

Balance sheet statements

For the year ending 31 March 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 22 December 2020
and signed on behalf of the board by:

Name: Nigel Turner
Status: Director

The notes form part of these financial statements

WHEELSBROOK SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 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

WHEELSBROOK SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2020

2. Employees

2020 2019
Average number of employees during the period 6 5

WHEELSBROOK SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2020

3. Tangible Assets

Total
Cost £
At 01 April 2019 25,207
At 31 March 2020 25,207
Depreciation
At 01 April 2019 19,310
Charge for year 3,077
At 31 March 2020 22,387
Net book value
At 31 March 2020 2,820
At 31 March 2019 5,897

WHEELSBROOK SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2020

4. Debtors

2020 2019
££
Debtors due after more than one year: 0 0

WHEELSBROOK SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2020

5. Related party transactions

Name of the related party: Turner Brothers (Huddersfield) Limited
Relationship:
Common Owners
Description of the Transaction: The company also has related party transactions with Turner Brothers Huddersfield Limited, a company which, until 30 June 2019 was controlled by Nigel Turner and Richard Turner, and which is a motor vehicle repairs and agricultural services business. During the period from 1 April 2019 to 30 July 2019 the company sold goods to Turner Brothers Huddersfield Limited totalling £64,609 (Year to 31 March 2019: £210,777.
£
Balance at 01 April 2019 3,933
Balance at 31 March 2020 66,434