C & W Webber (Amners Farm) Limited - Accounts to registrar (filleted) - small 18.2
C & W Webber (Amners Farm) Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 31 July 2020 |
| for |
| C & W Webber (Amners Farm) Limited |
| C & W Webber (Amners Farm) Limited (Registered number: 04693038) |
| Contents of the Financial Statements |
| for the Year Ended 31 July 2020 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| C & W Webber (Amners Farm) Limited |
| Company Information |
| for the Year Ended 31 July 2020 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| Riverside View |
| Basing Road |
| Old Basing |
| Basingstoke |
| Hampshire |
| RG24 7AL |
| C & W Webber (Amners Farm) Limited (Registered number: 04693038) |
| Balance Sheet |
| 31 July 2020 |
| 31.7.20 | 31.7.19 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 4 |
| Tangible assets | 5 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 6 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
8 |
( |
) |
( |
) |
| PROVISIONS FOR LIABILITIES | 10 | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 11 |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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. |
| C & W Webber (Amners Farm) Limited (Registered number: 04693038) |
| Balance Sheet - continued |
| 31 July 2020 |
| In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered. |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| C & W Webber (Amners Farm) Limited (Registered number: 04693038) |
| Notes to the Financial Statements |
| for the Year Ended 31 July 2020 |
| 1. | STATUTORY INFORMATION |
| C & W Webber (Amners Farm) Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| The accounts have been previously prepared in compliance with the provisions of Financial Reporting Standard 105, "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
| Goodwill |
| Goodwill had been written off over its estimated useful life. |
| Intangible assets |
| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. |
| Tangible fixed assets |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
| Financial instruments |
| Debtors and creditors payable/receivable within one year |
| Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses. |
| Loans and borrowings |
| Loans and borrowings are initially recognised at the transaction price, including transaction costs. Subsequently they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value. |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
| Current or deferred taxation assets and liabilities are not discounted. |
| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
| C & W Webber (Amners Farm) Limited (Registered number: 04693038) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 July 2020 |
| 2. | ACCOUNTING POLICIES - continued |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date, adjusted for indexation where appropriate. |
| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. |
| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
| 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. |
| Impairment |
| Assets not measured at fair value are reviewed for any indication that an asset may be impaired at each balance sheet date. The directors review the carrying amount of the relevant assets and compare them to their market values and recoverable amounts. Where the carrying amount exceeds this, an impairment loss is recognised in profit or loss, unless the asset is carried at a revalued amount, where the impairment loss is a revaluation decrease. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | INTANGIBLE FIXED ASSETS |
| Franchise |
| fee |
| £ |
| COST |
| At 1 August 2019 |
| and 31 July 2020 |
| AMORTISATION |
| At 1 August 2019 |
| and 31 July 2020 |
| NET BOOK VALUE |
| At 31 July 2020 |
| At 31 July 2019 |
| C & W Webber (Amners Farm) Limited (Registered number: 04693038) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 July 2020 |
| 5. | TANGIBLE FIXED ASSETS |
| Long | Plant and | Motor | Computer |
| leasehold | machinery | vehicles | equipment | Totals |
| £ | £ | £ | £ | £ |
| COST |
| At 1 August 2019 |
| Additions |
| Disposals | ( |
) | ( |
) |
| At 31 July 2020 |
| DEPRECIATION |
| At 1 August 2019 |
| Charge for year |
| Eliminated on disposal | ( |
) | ( |
) |
| At 31 July 2020 |
| NET BOOK VALUE |
| At 31 July 2020 |
| At 31 July 2019 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.7.20 | 31.7.19 |
| £ | £ |
| Trade debtors |
| Other debtors |
| VAT |
| Prepayments and accrued income |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.7.20 | 31.7.19 |
| £ | £ |
| Hire purchase contracts (see note 9) |
| Trade creditors |
| Corporation tax |
| Social security and other taxes |
| Directors' current accounts | - | 95 |
| Accruals and deferred income |
| 8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 31.7.20 | 31.7.19 |
| £ | £ |
| Hire purchase contracts (see note 9) |
| C & W Webber (Amners Farm) Limited (Registered number: 04693038) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 July 2020 |
| 9. | LEASING AGREEMENTS |
| Minimum lease payments under hire purchase fall due as follows: |
| 31.7.20 | 31.7.19 |
| £ | £ |
| Net obligations repayable: |
| Within one year |
| Between one and five years |
| 10. | PROVISIONS FOR LIABILITIES |
| 31.7.20 | 31.7.19 |
| £ | £ |
| Deferred tax | 53,325 | 63,467 |
| Deferred |
| tax |
| £ |
| Balance at 1 August 2019 |
| Accelerated capital allowances | (10,142 | ) |
| Balance at 31 July 2020 |
| 11. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31.7.20 | 31.7.19 |
| value: | £ | £ |
| Ordinary | £1 | 100 | 100 |