GRW Associates Limited Filleted accounts for Companies House (small and micro)
GRW Associates Limited Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
05336612
|
|
For the year ended |
|
|
Statement of Financial Position |
2021 |
2020 |
|||
Note |
£ |
£ |
£ |
£ |
Current assets
Debtors |
6 |
|
|
||
Cash at bank and in hand |
|
|
|||
-------- |
-------- |
||||
|
|
||||
Creditors: amounts falling due within one year |
7 |
|
|
||
-------- |
-------- |
||||
Net current assets |
|
|
|||
-------- |
---- |
||||
Total assets less current liabilities |
|
|
|||
Creditors: amounts falling due after more than one year |
8 |
|
– |
||
-------- |
---- |
||||
Net assets |
|
|
|||
-------- |
---- |
||||
Capital and reserves
Called up share capital |
|
|
||
Profit and loss account |
|
|
||
---- |
---- |
|||
Shareholder funds |
|
|
||
---- |
---- |
|||
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
Director's responsibilities:
-
The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
-
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
.
|
Statement of Financial Position (continued) |
These financial statements were approved by the
board of directors
and authorised for issue on
15 February 2022
, and are signed on behalf of the board by:
|
|
Director |
|
Company registration number:
05336612
|
Notes to the Financial Statements |
Year ended 28th February 2021
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 1 Longheadland, Ombersley, Droitwich, Worcestershire, WR9 0JB.
2.
Statement of compliance
3.
Accounting policies
(i)
Basis of preparation
(ii)
Judgements and key sources of estimation uncertainty
(iii)
Revenue recognition
(iv)
Income tax
(v)
Tangible assets
(vi)
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Fixtures, fittings & equipment |
- |
|
|
(vii)
Impairment of fixed assets
(viii)
Financial instruments
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
1
(2020:
1
).
5.
Tangible assets
Fixtures and fittings |
Total |
|
£ |
£ |
|
Cost |
||
At 1st March 2020 and 28th February 2021 |
|
|
------- |
------- |
|
Depreciation |
||
At 1st March 2020 and 28th February 2021 |
|
|
------- |
------- |
|
Carrying amount |
||
At 28th February 2021 |
– |
– |
------- |
------- |
|
At 29th February 2020 |
– |
– |
------- |
------- |
|
6.
Debtors
2021 |
2020 |
|
£ |
£ |
|
Trade debtors |
|
|
Other debtors |
|
|
-------- |
-------- |
|
|
|
|
-------- |
-------- |
|
7.
Creditors:
amounts falling due within one year
2021 |
2020 |
|
£ |
£ |
|
Bank loans and overdrafts |
|
|
Trade creditors |
|
|
Corporation tax |
|
|
Social security and other taxes |
|
|
Other creditors |
|
|
-------- |
-------- |
|
|
|
|
-------- |
-------- |
|
8.
Creditors:
amounts falling due after more than one year
2021 |
2020 |
|
£ |
£ |
|
Bank loans and overdrafts |
|
– |
-------- |
---- |
|
9.
Related party transactions
The company was under the control of
Mr G.R. Wellings
throughout the current and previous year. Mr Wellings is the managing director and sole shareholder. With the exception of the dividend paid during the year, no transactions with related parties were undertaken such as are required to be disclosed under FRS 102.