West Harrow Garage Limited 30/04/2021 iXBRL
West Harrow Garage Limited 30/04/2021 iXBRL
Company registration number:
06572974
Contents
Directors and other information
Accountants report
Abridged statement of financial position
Notes to the financial statements
Directors and other information
Directors |
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Company number |
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Registered office |
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Accountants |
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6th Floor AMP House | ||
Dingwall Road | ||
Croydon | ||
CR0 2LX | ||
Report to the board of directors on the preparation of the
unaudited statutory financial statements of West Harrow Garage Limited
Year ended 30 April 2021
As described on the statement of financial position, the directors of the company are responsible for the preparation of the financial statements for the year ended 30 April 2021 which comprise the abridged statement of financial position and related notes.
You consider that the company is exempt from an audit under the Companies Act 2006. In accordance with your instructions we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to us.
6th Floor AMP House
Dingwall Road
Croydon
CR0 2LX
23 December 2021
Abridged statement of financial position
30 April 2021
2021 | 2020 | ||||||||
Note | £ | £ | £ | £ | |||||
Fixed assets | |||||||||
Tangible assets | 5 |
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Current assets | |||||||||
Stocks |
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Debtors |
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Cash at bank and in hand |
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Creditors: amounts falling due | |||||||||
within one year |
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Net current liabilities |
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Total assets less current liabilities |
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Creditors: amounts falling due | |||||||||
after more than one year |
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Provisions for liabilities |
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Net assets |
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Capital and reserves | |||||||||
Called up share capital |
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Profit and loss account |
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Shareholders funds |
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Directors responsibilities:
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The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
In accordance with section 444 of the Companies Act 2006, the abridged statement of comprehensive income has not been delivered.
These financial statements were approved by the
board of directors
and authorised for issue on
23 December 2021
, and are signed on behalf of the board by:
Director
Company registration number:
06572974
Notes to the financial statements
Year ended 30 April 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 Doshi Accountants Limited, 6th Floor AMP House, Dingwall Road, Croydon, CR0 2LX.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Taxation
Operating leases
Tangible assets
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:
Fittings fixtures and equipment | - |
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Motor vehicles | - |
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Computer equipment | - |
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reducing balance | |
If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.
Stocks
Provisions
Financial instruments
Defined contribution plans
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
13
(2020:
18
).
5.
Tangible assets
£ | ||
Cost | ||
At 1 May 2020 |
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Additions |
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At 30 April 2021 |
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Depreciation | ||
At 1 May 2020 |
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Charge for the year |
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At 30 April 2021 |
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Carrying amount | ||
At 30 April 2021 |
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At 30 April 2020 |
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6.
Directors advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company: | ||||
2021 | ||||
Balance brought forward | Advances /(credits) to the directors | Balance o/standing | ||
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Directors |
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2020 | ||||
Balance brought forward | Advances /(credits) to the directors | Balance o/standing | ||
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Directors |
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7.
Controlling party
The directors control the company by virtue of their shareholdings in the company.
8.
Post Balance Sheet Date events After the balance sheet date, we have seen macro-economic uncertainty with regard to the general trading conditions as a result of COVID-19 (coronavirus) outbreak leading to disruption to business activity. The directors consider the emergence and spread of COVID-19 to be non- adjusting post-balance sheet event. Given the inherent uncertainties, it is not practicable at this time to determine the impact of COVID-19 on the company or provide a quantitative estimate of this impact. We confirm that no other event has occurred between the Balance Sheet date and the date of approval of these accounts, which will materially affect the amounts or manner in which significant items are reflected in the accounts.