Accounts Submission

Accounts Submission

WATERSIDE CONTRACTS LIMITED - Company Information

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WATERSIDE CONTRACTS LIMITED

Company Registration Number:
04797779 (England and Wales)

Unaudited statutory accounts for the year ended 30 June 2020

Period of accounts

Start date: 01 July 2019

End date: 30 June 2020

Page 1

WATERSIDE CONTRACTS LIMITED

Contents of the Financial Statements

for the Period Ended 30 June 2020

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

Page 2

WATERSIDE CONTRACTS LIMITED

Company Information

for the Period Ended 30 June 2020




Director: Stanley John Owen
Secretary: Philip Chance
Registered office: Lion House
72 Chapel Street
Netherton
Dudley
DY2 9PN
Company Registration Number: 04797779 (England and Wales)

Page 3

WATERSIDE CONTRACTS LIMITED

Balance sheet

As at 30 June 2020


Notes
2020
£
2019
£
Fixed assets
Tangible assets: 4 0 150
Total fixed assets: 0 150
Current assets
Debtors: 5 14,293 21,976
Cash at bank and in hand: 777 8,823
Total current assets: 15,070 30,799
Creditors: amounts falling due within one year: 6 ( 33,435 ) ( 36,004 )
Net current assets (liabilities): ( 18,365 ) ( 5,205 )
Total assets less current liabilities: ( 18,365 ) ( 5,055 )
Total net assets (liabilities): ( 18,365 ) ( 5,055 )

The notes form part of these financial statements

Page 4

WATERSIDE CONTRACTS LIMITED

Balance sheet continued

As at 30 June 2020


Notes
2020
£
2019
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: ( 18,366 ) ( 5,056 )
Shareholders funds: ( 18,365 ) ( 5,055 )

For the year ending 30 June 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.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 4 March 2021
And Signed On Behalf Of The Board By:

Name: Stanley John Owen
Status: Director

The notes form part of these financial statements

Page 5

WATERSIDE CONTRACTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2020

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    The turnover shown represents the net amounts during the year, excluding VAT

    Tangible fixed assets depreciation policy

    Depreciation is calculated so as to write off the cost of an asset less its estimated residual value over the useful economic life of that asset as follows
    Motor Vehicles 25% reducing balance basis

Page 6

WATERSIDE CONTRACTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2020

  • 2. Employees


    2020
    2019
    Average number of employees during the period 0 0

Page 7

WATERSIDE CONTRACTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2020

  • 3. Off balance sheet disclosure

    No

Page 8

WATERSIDE CONTRACTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2020

4. Tangible assets

Motor vehicles Total
Cost £ £
At 01 July 2019 150 150
Additions - -
Disposals ( 100 ) ( 100 )
Revaluations - -
Transfers - -
At 30 June 2020 50 50
Depreciation
At 01 July 2019 - -
Charge for year 38 38
On disposals - -
Other adjustments 12 12
At 30 June 2020 50 50
Net book value
At 30 June 2020 0 0
At 30 June 2019 150 150

Page 9

WATERSIDE CONTRACTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2020

5. Debtors


2020
£
2019
£
Trade debtors 843
Prepayments and accrued income 3,000
Other debtors 14,293 18,133
Total 14,293 21,976

Page 10

WATERSIDE CONTRACTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2020

6.Creditors: amounts falling due within one year note


2020
£
2019
£
Trade creditors 21,538 18,083
Taxation and social security 0 2,600
Other creditors 11,897 15,321
Total 33,435 36,004

Page 11