Stanton Williams Limited - Accounts to registrar (filleted) - small 18.2
Stanton Williams Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| Stanton Williams Limited |
| Unaudited Financial Statements |
| for the Year Ended 30th September 2021 |
| Stanton Williams Limited (Registered number: 04024351) |
| Contents of the Financial Statements |
| for the Year Ended 30th September 2021 |
| Page |
| Company Information | 1 |
| Statement of Financial Position | 2 |
| Notes to the Financial Statements | 4 |
| Stanton Williams Limited |
| Company Information |
| for the Year Ended 30th September 2021 |
| Directors: |
| Registered office: |
| Registered number: |
| Accountants: |
| Accountants |
| 4th Floor |
| 100 Fenchurch Street |
| London |
| EC3M 5JD |
| Stanton Williams Limited (Registered number: 04024351) |
| Statement of Financial Position |
| 30th September 2021 |
| 2021 | 2020 |
| Notes | £ | £ | £ | £ |
| Fixed assets |
| Tangible assets | 4 |
| Current assets |
| Debtors | 5 |
| Cash at bank and in hand |
| Creditors |
| Amounts falling due within one year | 6 |
| Net current assets |
| Total assets less current liabilities |
| Creditors |
| Amounts falling due after more than one year |
7 |
( |
) |
( |
) |
| Provisions for liabilities | ( |
) | ( |
) |
| Net assets |
| Capital and reserves |
| Called up share capital | 9 |
| Capital redemption reserve |
| 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. |
| Stanton Williams Limited (Registered number: 04024351) |
| Statement of Financial Position - continued |
| 30th September 2021 |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| Stanton Williams Limited (Registered number: 04024351) |
| Notes to the Financial Statements |
| for the Year Ended 30th September 2021 |
| 1. | Statutory information |
| Stanton Williams Limited is a |
| 2. | Accounting policies |
| Basis of preparing the financial statements |
| Significant judgements and estimates |
| The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. |
| Revenue recognition |
| Profit is recognised on long term contracts, if the final outcome can be assessed with reasonable certainty, by incurring in the profit and loss accounts turnover and related costs as contract activity progresses. Turnover is calculated as that proportion of total contract value which costs to date bear to the total expected costs for that contract. |
| Tangible fixed assets |
| Short leasehold | - |
| Plant and machinery | - |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. |
| 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. |
| Research and development |
| Expenditure on research and development is written off in the year in which it is incurred. |
| Stanton Williams Limited (Registered number: 04024351) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30th September 2021 |
| 2. | Accounting policies - continued |
| Foreign currencies |
| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result. |
| 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. |
| 3. | Employees and directors |
| The average number of employees during the year was |
| 4. | Tangible fixed assets |
| Short | Plant and |
| leasehold | machinery | Totals |
| £ | £ | £ |
| Cost |
| At 1st October 2020 |
| Additions |
| At 30th September 2021 |
| Depreciation |
| At 1st October 2020 |
| Charge for year |
| At 30th September 2021 |
| Net book value |
| At 30th September 2021 |
| At 30th September 2020 |
| 5. | Debtors: amounts falling due within one year |
| 2021 | 2020 |
| £ | £ |
| Trade debtors |
| Other debtors |
| Stanton Williams Limited (Registered number: 04024351) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30th September 2021 |
| 6. | Creditors: amounts falling due within one year |
| 2021 | 2020 |
| £ | £ |
| Bank loans and overdrafts |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 7. | Creditors: amounts falling due after more than one year |
| 2021 | 2020 |
| £ | £ |
| Bank loans |
| 8. | Leasing agreements |
| Minimum lease payments under non-cancellable operating leases fall due as follows: |
| 2021 | 2020 |
| £ | £ |
| Within one year |
| Between one and five years |
| 9. | Called up share capital |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2020 | 2019 |
| value: | £ | £ |
880 |
Ordinary non-voting, non-participating deferred shares |
£1 |
880 |
880 |
| 120 | Ordinary preferred director shares | £1 | 120 | 120 |
| 380 | Ordinary director shares | £1 | 380 | 380 |
| 1,380 | 1,380 |
| 10. | Controlling party |
| The company's ultimate controlling party throughout the year was the Trustees of the Stanton Williams Employee Ownership Trust. |