R. WADHAM TYRE SERVICES LIMITED

R. WADHAM TYRE SERVICES LIMITED

R. WADHAM TYRE SERVICES LIMITED - Company Information

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R. WADHAM TYRE SERVICES LIMITED

Company Registration Number:
01543606 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2022

Period of accounts

Start date: 01 April 2021

End date: 31 March 2022

R. WADHAM TYRE SERVICES LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2022

Balance sheet
Notes

R. WADHAM TYRE SERVICES LIMITED

Balance sheet

As at 31 March 2022


Notes
2022
2021


£
£
Fixed assets
Tangible assets: 3 11,257 14,073
Total fixed assets: 11,257 14,073
Current assets
Stocks: 31,217 24,940
Debtors:   75,967 248,696
Cash at bank and in hand: 832,423 560,218
Total current assets: 939,607 833,854
Creditors: amounts falling due within one year: 4 (127,422) (112,370)
Net current assets (liabilities): 812,185 721,484
Total assets less current liabilities: 823,442 735,557
Creditors: amounts falling due after more than one year: 5 (264,093) (270,083)
Total net assets (liabilities): 559,349 465,474
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: 558,349 464,474
Shareholders funds: 559,349 465,474

The notes form part of these financial statements

R. WADHAM TYRE SERVICES LIMITED

Balance sheet statements

For the year ending 31 March 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 20 September 2022
and signed on behalf of the board by:

Name: Mr R Hannington
Status: Director

The notes form part of these financial statements

R. WADHAM TYRE SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 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

R. WADHAM TYRE SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2022

2. Employees

2022 2021
Average number of employees during the period 9 8

R. WADHAM TYRE SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2022

3. Tangible Assets

Total
Cost £
At 01 April 2021 249,612
At 31 March 2022 249,612
Depreciation
At 01 April 2021 235,539
Charge for year 2,816
At 31 March 2022 238,355
Net book value
At 31 March 2022 11,257
At 31 March 2021 14,073

R. WADHAM TYRE SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2022

4. Creditors: amounts falling due within one year note

Trade creditors £55,783Taxation and social security £71,639

R. WADHAM TYRE SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2022

5. Creditors: amounts falling due after more than one year note

Directors Loan account £264,093

R. WADHAM TYRE SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2022

6. Loans to directors

Name of director receiving advance or credit:
Description of the loan: Mortgage loan to Ronald Hannington
£
Balance at 01 April 2021 167,944
Advances or credits repaid: 167,944
Balance at 31 March 2022 0