WETHERELLS CONTRACTS LIMITED

WETHERELLS CONTRACTS LIMITED

WETHERELLS CONTRACTS LIMITED - Company Information

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WETHERELLS CONTRACTS LIMITED

Company Registration Number:
00183668 (England and Wales)

Unaudited abridged accounts for the year ended 31 January 2022

Period of accounts

Start date: 01 February 2021

End date: 31 January 2022

WETHERELLS CONTRACTS LIMITED

Contents of the Financial Statements

for the Period Ended 31 January 2022

Balance sheet
Notes

WETHERELLS CONTRACTS LIMITED

Balance sheet

As at 31 January 2022


Notes
2022
2021


£
£
Fixed assets
Tangible assets: 3 3,177,124 3,078,891
Investments: 4 1,245,537 1,182,554
Total fixed assets: 4,422,661 4,261,445
Current assets
Stocks: 218,109 173,707
Debtors:   273,023 280,414
Cash at bank and in hand: 1,955,952 1,434,851
Total current assets: 2,447,084 1,888,972
Creditors: amounts falling due within one year:   (1,126,415) (771,361)
Net current assets (liabilities): 1,320,669 1,117,611
Total assets less current liabilities: 5,743,330 5,379,056
Creditors: amounts falling due after more than one year:   (12,267) (4,935)
Provision for liabilities: (147,609) (153,446)
Total net assets (liabilities): 5,583,454 5,220,675
Capital and reserves
Called up share capital: 7,535 7,535
Share premium account: 1,151 1,151
Other reserves: 20,975 20,975
Profit and loss account: 5,553,793 5,191,014
Shareholders funds: 5,583,454 5,220,675

The notes form part of these financial statements

WETHERELLS CONTRACTS LIMITED

Balance sheet statements

For the year ending 31 January 2022 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 31 May 2022
and signed on behalf of the board by:

Name: MARK WETHERELL
Status: Director

The notes form part of these financial statements

WETHERELLS CONTRACTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2022

1. Accounting policies

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

WETHERELLS CONTRACTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2022

2. Employees

2022 2021
Average number of employees during the period 28 29

WETHERELLS CONTRACTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2022

3. Tangible Assets

Total
Cost £
At 01 February 2021 10,976,725
Additions 486,053
At 31 January 2022 11,462,778
Depreciation
At 01 February 2021 7,897,834
Charge for year 387,820
At 31 January 2022 8,285,654
Net book value
At 31 January 2022 3,177,124
At 31 January 2021 3,078,891

WETHERELLS CONTRACTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2022

4. Fixed investments

Value at 1st February 2021 - £1,182,554Additions - £755,035Disposals - (£723,306)Valuation change - £31,254Value at 31st January 2022 - £1,245,537

WETHERELLS CONTRACTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2022

5. Loans to directors

Name of director receiving advance or credit: Director
Description of the loan: Advance
£
Balance at 01 February 2021 150,144
Advances or credits made: 5,174
Advances or credits repaid: 12,584
Balance at 31 January 2022 142,734