Wilson Brothers Garage Limited

Wilson Brothers Garage Limited

WILSON BROTHERS GARAGE LIMITED - Company Information

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1 October 2020 false No description of principal activity Taxfiler 2021.19 4530161business:PrivateLimitedCompanyLtd2020-10-012021-09-30 45301612020-09-30 45301612020-10-012021-09-30 4530161business:AuditExempt-NoAccountantsReport2020-10-012021-09-30 4530161business:FullAccounts2020-10-012021-09-30 45301612021-09-30 4530161business:Director12020-10-012021-09-30 4530161business:Director22020-10-012021-09-30 4530161business:RegisteredOffice2020-10-012021-09-30 45301612020-09-30 4530161core:WithinOneYear2021-09-30 4530161core:WithinOneYear2020-09-30 4530161core:AfterOneYear2021-09-30 4530161core:AfterOneYear2020-09-30 4530161core:ShareCapital2021-09-30 4530161core:ShareCapital2020-09-30 4530161core:RetainedEarningsAccumulatedLosses2021-09-30 4530161core:RetainedEarningsAccumulatedLosses2020-09-30 4530161business:SmallEntities2020-10-012021-09-30 4530161countries:EnglandWales2020-10-012021-09-30 4530161core:PlantMachinery2020-10-012021-09-30 4530161core:PlantMachinery2020-09-30 4530161core:PlantMachinery2021-09-30 4530161core:DisposalsRepaymentsInvestments2021-09-30 45301612019-10-012020-09-30 iso4217:GBP xbrli:pure
Company Registration No. 4530161 (England and Wales)
Wilson Brothers Garage Limited Unaudited accounts for the year ended 30 September 2021
Wilson Brothers Garage Limited Unaudited accounts Contents
Page
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Wilson Brothers Garage Limited Company Information for the year ended 30 September 2021
Directors
Derek Francis Wilson Peter Wilson
Company Number
4530161 (England and Wales)
Registered Office
125 Nottingham Road Stapleford Nottinghamshire NG9 8AT United Kingdom
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Wilson Brothers Garage Limited Statement of financial position as at 30 September 2021
2021 
2020 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
5,780 
6,800 
Investments
5
- 
510,000 
5,780 
516,800 
Current assets
Inventories
2,582 
3,839 
Debtors
6
3,743 
4,809 
Cash at bank and in hand
751,523 
220,045 
757,848 
228,693 
Creditors: amounts falling due within one year
7
(22,076)
(25,025)
Net current assets
735,772 
203,668 
Total assets less current liabilities
741,552 
720,468 
Creditors: amounts falling due after more than one year
8
(24,743)
(22,123)
Net assets
716,809 
698,345 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
716,807 
698,343 
Shareholders' funds
716,809 
698,345 
For the year ending 30 September 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 29 November 2021 and were signed on its behalf by
Derek Francis Wilson Director Company Registration No. 4530161
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Wilson Brothers Garage Limited Notes to the Accounts for the year ended 30 September 2021
1
Statutory information
Wilson Brothers Garage Limited is a private company, limited by shares, registered in England and Wales, registration number 4530161. The registered office is 125 Nottingham Road, Stapleford, Nottinghamshire, NG9 8AT, United Kingdom.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
15% Reduced Balance
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 October 2020
11,050 
At 30 September 2021
11,050 
Depreciation
At 1 October 2020
4,250 
Charge for the year
1,020 
At 30 September 2021
5,270 
Net book value
At 30 September 2021
5,780 
At 30 September 2020
6,800 
5
Investments
Other investments 
£ 
Valuation at 1 October 2020
510,000 
Disposals
(510,000)
Valuation at 30 September 2021
- 
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Wilson Brothers Garage Limited Notes to the Accounts for the year ended 30 September 2021
6
Debtors: amounts falling due within one year
2021 
2020 
£ 
£ 
Trade debtors
1,324 
2,305 
Accrued income and prepayments
2,408 
2,504 
Other debtors
11 
- 
3,743 
4,809 
7
Creditors: amounts falling due within one year
2021 
2020 
£ 
£ 
VAT
10,970 
13,120 
Trade creditors
6,552 
8,401 
Taxes and social security
1,182 
837 
Loans from directors
1,372 
667 
Accruals
2,000 
2,000 
22,076 
25,025 
8
Creditors: amounts falling due after more than one year
2021 
2020 
£ 
£ 
Taxes and social security
24,743 
22,123 
9
Average number of employees
During the year the average number of employees was 5 (2020: 5).
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