R. WADHAM TYRE SERVICES LIMITED

R. WADHAM TYRE SERVICES LIMITED

R. WADHAM TYRE SERVICES LIMITED - Company Information

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R. WADHAM TYRE SERVICES LIMITED

Company Registration Number:
01543606 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2021

Period of accounts

Start date: 01 April 2020

End date: 31 March 2021

R. WADHAM TYRE SERVICES LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2021

Balance sheet
Notes

R. WADHAM TYRE SERVICES LIMITED

Balance sheet

As at 31 March 2021


Notes
2021
2020


£
£
Fixed assets
Tangible assets: 3 14,073 17,593
Total fixed assets: 14,073 17,593
Current assets
Stocks: 24,940 22,184
Debtors:   248,696 248,597
Cash at bank and in hand: 560,218 323,962
Total current assets: 833,854 594,743
Creditors: amounts falling due within one year:   (112,370) (77,820)
Net current assets (liabilities): 721,484 516,923
Total assets less current liabilities: 735,557 534,516
Creditors: amounts falling due after more than one year:   (270,083) (161,601)
Total net assets (liabilities): 465,474 372,915
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: 464,474 371,915
Shareholders funds: 465,474 372,915

The notes form part of these financial statements

R. WADHAM TYRE SERVICES LIMITED

Balance sheet statements

For the year ending 31 March 2021 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 13 December 2021
and signed on behalf of the board by:

Name: Mr R Hannington
Status: Director

The notes form part of these financial statements

R. WADHAM TYRE SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2021

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

R. WADHAM TYRE SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2021

2. Employees

2021 2020
Average number of employees during the period 8 8

R. WADHAM TYRE SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2021

3. Tangible Assets

Total
Cost £
At 01 April 2020 247,112
Revaluations 2,500
At 31 March 2021 249,612
Depreciation
At 01 April 2020 229,519
Charge for year 3,520
Other adjustments 2,500
At 31 March 2021 235,539
Net book value
At 31 March 2021 14,073
At 31 March 2020 17,593

R. WADHAM TYRE SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2021

4. Loans to directors

Name of director receiving advance or credit: Mr R Hannington
Description of the loan: Mortgage loan.
£
Balance at 01 April 2020 167,944
Balance at 31 March 2021 167,944