Company Registration No. 08499829 (England and Wales)
PW PROCESS LIMITED
Unaudited accounts
for the year ended 30 April 2021
PW PROCESS LIMITED
Unaudited accounts
Contents
PW PROCESS LIMITED
Company Information
for the year ended 30 April 2021
Directors
Kelly Wright
Paul Wright
Company Number
08499829 (England and Wales)
Registered Office
183 MANSFIELD ROAD
CLIPSTONE VILLAGE
MANSFIELD
NOTTINGHAMSHIRE
NG21 9AB
Accountants
BFS Accountants Ltd
The Willows
Southwell Road West
Mansfield
Nottinghamshire
NG21 0HJ
PW PROCESS LIMITED
Statement of financial position
as at 30 April 2021
Tangible assets
219,591
124,031
Cash at bank and in hand
566,436
1,055,739
Creditors: amounts falling due within one year
(373,205)
(500,645)
Net current assets
653,725
1,031,079
Net assets
873,316
1,155,110
Called up share capital
100
100
Profit and loss account
873,216
1,155,010
Shareholders' funds
873,316
1,155,110
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 directors acknowledge their 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 of Directors and authorised for issue on 28 July 2021 and were signed on its behalf by
Kelly Wright
Director
Company Registration No. 08499829
PW PROCESS LIMITED
Notes to the Accounts
for the year ended 30 April 2021
PW PROCESS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08499829. The registered office is 183 MANSFIELD ROAD, CLIPSTONE VILLAGE, MANSFIELD, NOTTINGHAMSHIRE, NG21 9AB.
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
20% Reducing Balance
Motor vehicles
20% Reducing Balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 May 2020
14,022
197,295
211,317
Additions
46,980
111,145
158,125
Disposals
(8,317)
(43,283)
(51,600)
At 30 April 2021
52,685
265,157
317,842
At 1 May 2020
7,971
79,315
87,286
Charge for the year
7,375
34,932
42,307
On disposals
(5,771)
(25,571)
(31,342)
At 30 April 2021
9,575
88,676
98,251
At 30 April 2021
43,110
176,481
219,591
At 30 April 2020
6,051
117,980
124,031
PW PROCESS LIMITED
Notes to the Accounts
for the year ended 30 April 2021
5
Debtors: amounts falling due within one year
2021
2020
Trade debtors
394,915
465,384
Other debtors
14,616
10,601
Debtors: amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2021
2020
Trade creditors
328,569
323,592
Taxes and social security
39,366
172,673
Loans from directors
5,270
4,380
7
Average number of employees
During the year the average number of employees was 8 (2020: 6).
