Company Registration No. 07796544 (England and Wales)
Wolverine Garage Doors Ltd
Unaudited accounts
for the year ended 30 April 2021
Wolverine Garage Doors Ltd
Unaudited accounts
Contents
Wolverine Garage Doors Ltd
Company Information
for the year ended 30 April 2021
Director
Richard Damian Holloway
Company Number
07796544 (England and Wales)
Registered Office
2 CARISBROOKE CLOSE
CAVERSHAM
READING
RG4 6SB
ENGLAND
Accountants
Dead Simple Accounting Ltd
3 Avon Close
Reading
RG31 7YE
Wolverine Garage Doors Ltd
Statement of financial position
as at 30 April 2021
Tangible assets
11,091
9,988
Cash at bank and in hand
81,933
(958)
Creditors: amounts falling due within one year
(130,575)
(44,849)
Net current assets/(liabilities)
46,897
(10,101)
Total assets less current liabilities
57,988
(113)
Creditors: amounts falling due after more than one year
(43,000)
-
Net assets/(liabilities)
14,988
(113)
Called up share capital
1
1
Profit and loss account
14,987
(114)
Shareholders' funds
14,988
(113)
For the year ending 30 April 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 22 September 2021 and were signed on its behalf by
Richard Damian Holloway
Director
Company Registration No. 07796544
Wolverine Garage Doors Ltd
Notes to the Accounts
for the year ended 30 April 2021
Wolverine Garage Doors Ltd is a private company, limited by shares, registered in England and Wales, registration number 07796544. The registered office is 2 CARISBROOKE CLOSE, CAVERSHAM, READING, RG4 6SB, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 May 2020
5,766
34,256
100
4,470
44,592
Additions
-
4,814
-
-
4,814
At 30 April 2021
5,766
39,070
100
4,470
49,406
At 1 May 2020
4,712
26,279
91
3,522
34,604
Charge for the year
263
3,198
9
241
3,711
At 30 April 2021
4,975
29,477
100
3,763
38,315
At 30 April 2021
791
9,593
-
707
11,091
At 30 April 2020
1,054
7,977
9
948
9,988
5
Debtors: amounts falling due within one year
2021
2020
Trade debtors
60,539
21,726
Wolverine Garage Doors Ltd
Notes to the Accounts
for the year ended 30 April 2021
6
Creditors: amounts falling due within one year
2021
2020
Bank loans and overdrafts
9,486
19,834
Trade creditors
48,379
38,926
Taxes and social security
47,119
9,389
Loans from directors
(11,546)
(36,654)
7
Creditors: amounts falling due after more than one year
2021
2020
8
Average number of employees
During the year the average number of employees was 0 (2020: 5).
