Weybridge Interiors Ltd,Ltd - AccountsLtd - Accounts

Weybridge Interiors Ltd,Ltd - AccountsLtd - Accounts

WEYBRIDGE INTERIORS LTD - Company Information

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2020-04-01 08442624 2021-03-31 08442624 2020-04-01 2021-03-31 08442624 2020-03-31 08442624 2019-04-01 2020-03-31 08442624 uk-core:WithinOneYear 2020-03-31 08442624 uk-core:WithinOneYear 2021-03-31 08442624 uk-core:ShareCapital 2021-03-31 08442624 uk-core:ShareCapital 2020-03-31 08442624 uk-core:RetainedEarningsAccumulatedLosses 2021-03-31 08442624 uk-core:RetainedEarningsAccumulatedLosses 2020-03-31 08442624 uk-bus:Director1 2020-04-01 2021-03-31 08442624 uk-core:OfficeEquipment 2020-04-01 2021-03-31 08442624 uk-core:FurnitureFittings 2020-04-01 2021-03-31 iso4217:GBP xbrli:pure 08442624 uk-bus:AuditExempt-NoAccountantsReport 2020-04-01 2021-03-31 08442624 uk-bus:FRS102 2020-04-01 2021-03-31 08442624 uk-bus:FullAccounts 2020-04-01 2021-03-31 08442624 uk-bus:PrivateLimitedCompanyLtd 2020-04-01 2021-03-31
Weybridge Interiors Ltd
Registered Number:08442624
For the year ended 31 March 2021
England and Wales
Unaudited Financial Statements
2
For the year ended 31 March 2021
Weybridge Interiors Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
08442624
As at 31 March 2021
Weybridge Interiors Ltd
Statement of Financial Position
£
£
2020
2021
Notes
Fixed assets
Property, plant and equipment
625
625
2
625
625
Current assets
Inventories
1,426
-
3
Trade and other receivables
33,390
4,554
4
18,933
Cash and cash equivalents
2,780
7,334
53,749
Trade and other payables: amounts falling due within one year
(95,224)
(40,149)
5
(41,475)
(32,815)
Net current liabilities
Total assets less current liabilities
(32,190)
(40,850)
(32,190)
Net liabilities
(40,850)
Capital and reserves
Called up share capital
100
100
Retained earnings
(32,290)
(40,950)
(32,190)
(40,850)
Shareholders' funds
For the year ended 31 March 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 of its financial statements for the year ended 31 March 2021 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
John Lawes Director
These financial statements were approved and authorised for issue by the Board on 28 December 2021 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 March 2021
Weybridge Interiors Ltd
Notes to the Financial Statements
Statutory Information
Weybridge Interiors Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number
08442624.
Registered address:
The Business of Business
8 Wey House
Weybridge
Surrey
KT13 8NA
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard
102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial
statements have been prepared under the historical costs convention as modified by the revaluation of certain assets.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
25% Reducing balance
Office equipment
25% Reducing balance
Fixtures and fittings
Inventories
Inventories are value at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
2. Property, plant and equipment
Office
equipment
£
Cost or valuation
At 01 April 2020
625
At 31 March 2021
625
At 31 March 2021
Net book value
625
At 31 March 2020
625
2 of 3
5
For the year ended 31 March 2021
Weybridge Interiors Ltd
Notes to the Financial Statements Continued
3. Inventories
2020
2021
£
£
Stocks
-
1,426
4. Trade and other receivables
2020
2021
£
£
Trade debtors
-
14,291
Other debtors
4,554
19,099
33,390
4,554
5. Trade and other payables: amounts falling due within one year
2020
2021
£
£
Trade creditors
-
10,104
Taxation and social security
-
1,231
Other creditors
40,149
83,889
40,149
95,224
6. Average number of persons employed
During the year the average number of employees was 1 (2020 : 1)
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