BW Atkinson Ltd

BW Atkinson Ltd

BW ATKINSON LTD - Company Information

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1 January 2021 false No description of principal activity Taxfiler 2022.8.3 03674382business:PrivateLimitedCompanyLtd2021-01-012021-12-31 036743822020-12-31 036743822021-01-012021-12-31 03674382business:AuditExemptWithAccountantsReport2021-01-012021-12-31 03674382business:FullAccounts2021-01-012021-12-31 036743822021-12-31 03674382business:Director12021-01-012021-12-31 03674382business:Director22021-01-012021-12-31 03674382business:CompanySecretary12021-01-012021-12-31 03674382business:RegisteredOffice2021-01-012021-12-31 036743822020-12-31 03674382core:WithinOneYear2021-12-31 03674382core:WithinOneYear2020-12-31 03674382core:ShareCapital2021-12-31 03674382core:ShareCapital2020-12-31 03674382core:RetainedEarningsAccumulatedLosses2021-12-31 03674382core:RetainedEarningsAccumulatedLosses2020-12-31 03674382business:SmallEntities2021-01-012021-12-31 03674382countries:EnglandWales2021-01-012021-12-31 03674382core:PlantMachinery2021-01-012021-12-31 03674382core:MotorVehicles2021-01-012021-12-31 03674382core:ComputerEquipment2021-01-012021-12-31 03674382core:PlantMachinery2020-12-31 03674382core:MotorVehicles2020-12-31 03674382core:ComputerEquipment2020-12-31 03674382core:PlantMachinery2021-12-31 03674382core:MotorVehicles2021-12-31 03674382core:ComputerEquipment2021-12-31 036743822020-01-012020-12-31 iso4217:GBP xbrli:pure
Company Registration No. 03674382 (England and Wales)
BW Atkinson Ltd Unaudited accounts for the year ended 31 December 2021
BW Atkinson Ltd Unaudited accounts Contents
Page
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BW Atkinson Ltd Company Information for the year ended 31 December 2021
Directors
Mr B W Atkinson Mrs N S Atkinson
Secretary
Mrs I M Atkinson
Company Number
03674382 (England and Wales)
Registered Office
Deepdale Farm Lutterworth Road Burbage, Hinckley Leicestershire LE10 2DL
Accountants
Howell & Co (Leicester) 1 Bitteswell Road Lutterworth Leics LE17 4EL
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Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of BW Atkinson Ltd for the year ended 31 December 2021
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of BW Atkinson Ltd for the year ended 31 December 2021 as set out on pages 5 - 7 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
This report is made solely to the Board of Directors of BW Atkinson Ltd, as a body, in accordance with the terms of our engagement letter dated 31 May 2016. Our work has been undertaken solely to prepare for your approval the accounts of BW Atkinson Ltd and state those matters that we have agreed to state to the Board of Directors of BW Atkinson Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than BW Atkinson Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that BW Atkinson Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of BW Atkinson Ltd. You consider that BW Atkinson Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of BW Atkinson Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Howell & Co (Leicester) Chartered Certified Accountants 1 Bitteswell Road Lutterworth Leics LE17 4EL 1 September 2022
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BW Atkinson Ltd Statement of financial position as at 31 December 2021
2021 
2020 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
30,086 
48,364 
Current assets
Inventories
2,500 
2,500 
Debtors
5
746,842 
732,734 
Cash at bank and in hand
361,318 
396,555 
1,110,660 
1,131,789 
Creditors: amounts falling due within one year
6
(164,852)
(90,756)
Net current assets
945,808 
1,041,033 
Total assets less current liabilities
975,894 
1,089,397 
Provisions for liabilities
Deferred tax
(5,717)
(8,109)
Net assets
970,177 
1,081,288 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
970,077 
1,081,188 
Shareholders' funds
970,177 
1,081,288 
For the year ending 31 December 2021 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 1 September 2022 and were signed on its behalf by
Mr B W Atkinson Director Company Registration No. 03674382
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BW Atkinson Ltd Notes to the Accounts for the year ended 31 December 2021
1
Statutory information
BW Atkinson Ltd is a private company, limited by shares, registered in England and Wales, registration number 03674382. The registered office is Deepdale Farm, Lutterworth Road, Burbage, Hinckley, Leicestershire, LE10 2DL.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
12.5% straight line
Motor vehicles
20% straight line
Computer equipment
25% straight line
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2021
128,411 
132,757 
2,089 
263,257 
Additions
- 
- 
331 
331 
Disposals
- 
- 
(1,000)
(1,000)
At 31 December 2021
128,411 
132,757 
1,420 
262,588 
Depreciation
At 1 January 2021
127,263 
85,802 
1,828 
214,893 
Charge for the year
231 
18,328 
50 
18,609 
On disposals
- 
- 
(1,000)
(1,000)
At 31 December 2021
127,494 
104,130 
878 
232,502 
Net book value
At 31 December 2021
917 
28,627 
542 
30,086 
At 31 December 2020
1,148 
46,955 
261 
48,364 
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BW Atkinson Ltd Notes to the Accounts for the year ended 31 December 2021
5
Debtors: amounts falling due within one year
2021 
2020 
£ 
£ 
Trade debtors
46,947 
41,520 
Amounts due from group undertakings etc.
694,275 
684,275 
Accrued income and prepayments
5,620 
6,939 
746,842 
732,734 
6
Creditors: amounts falling due within one year
2021 
2020 
£ 
£ 
VAT
12,581 
16,008 
Trade creditors
27,496 
3,029 
Taxes and social security
15,353 
13,691 
Other creditors
1,836 
1,623 
Loans from directors
106,836 
55,655 
Accruals
750 
750 
164,852 
90,756 
7
Average number of employees
During the year the average number of employees was 2 (2020: 2).
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