A1 Waste Management Ltd - Accounts to registrar (filleted) - small 18.2

A1 Waste Management Ltd - Accounts to registrar (filleted) - small 18.2

A1 WASTE MANAGEMENT LTD - Company Information

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REGISTERED NUMBER: 12459226 (England and Wales)















Financial Statements

for the Period 12th February 2020 to 28th February 2021

for

A1 Waste Management Ltd

A1 Waste Management Ltd (Registered number: 12459226)






Contents of the Financial Statements
for the Period 12th February 2020 to 28th February 2021




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


A1 Waste Management Ltd

Company Information
for the Period 12th February 2020 to 28th February 2021







DIRECTOR: Mr L M Covell





REGISTERED OFFICE: 149 St Julians Road
Newport
Gwent
NP19 7RZ





REGISTERED NUMBER: 12459226 (England and Wales)
Page 1
A1 Waste Management Ltd (Registered number: 12459226)

Balance Sheet
28th February 2021

Notes £    £   
FIXED ASSETS
Intangible assets 4 114,800
Tangible assets 5 471,416
586,216

CURRENT ASSETS
Debtors 6 169,461
Cash at bank 61,268
230,729
CREDITORS
Amounts falling due within one year 7 302,802
NET CURRENT LIABILITIES (72,073 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
514,143

CREDITORS
Amounts falling due after more than one
year
8
49,167
NET ASSETS 464,976

RESERVES
Retained earnings 464,976
464,976

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28th February 2021.

The members have not required the company to obtain an audit of its financial statements for the period ended 28th February 2021 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The notes form part of these financial statements

Page 2 continued...
A1 Waste Management Ltd (Registered number: 12459226)

Balance Sheet - continued
28th February 2021


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement and Director's report has not been delivered.

The financial statements were approved by the director and authorised for issue on 11th October 2021 and were signed by:





Mr L M Covell - Director


The notes form part of these financial statements

Page 3
A1 Waste Management Ltd (Registered number: 12459226)

Notes to the Financial Statements
for the Period 12th February 2020 to 28th February 2021

1. STATUTORY INFORMATION

A1 Waste Management Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement and Director's report, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Page 4 continued...
A1 Waste Management Ltd (Registered number: 12459226)

Notes to the Financial Statements - continued
for the Period 12th February 2020 to 28th February 2021

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 12 .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
Additions 143,500
At 28th February 2021 143,500
AMORTISATION
Charge for period 28,700
At 28th February 2021 28,700
NET BOOK VALUE
At 28th February 2021 114,800

Page 5 continued...
A1 Waste Management Ltd (Registered number: 12459226)

Notes to the Financial Statements - continued
for the Period 12th February 2020 to 28th February 2021

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 12th February 2020 18,000 - 18,000
Additions - 585,838 585,838
At 28th February 2021 18,000 585,838 603,838
DEPRECIATION
Charge for period - 132,422 132,422
At 28th February 2021 - 132,422 132,422
NET BOOK VALUE
At 28th February 2021 18,000 453,416 471,416
At 11th February 2020 18,000 - 18,000

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
Additions 81,000
At 28th February 2021 81,000
DEPRECIATION
Charge for period 20,250
At 28th February 2021 20,250
NET BOOK VALUE
At 28th February 2021 60,750

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 167,493
Other debtors 1,968
169,461

Page 6 continued...
A1 Waste Management Ltd (Registered number: 12459226)

Notes to the Financial Statements - continued
for the Period 12th February 2020 to 28th February 2021

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 18,583
Taxation and social security 44,842
Other creditors 239,377
302,802

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
£   
Hire purchase contracts 49,167

Page 7