WESSEX CHEMICAL FACTORS LIMITED Filleted accounts for Companies House (small and micro)
WESSEX CHEMICAL FACTORS LIMITED Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
02992480
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Chartered Accountants Report to the Board of Directors on the Preparation of the Unaudited Statutory Financial Statements of
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Year ended 30 April 2022
Unit C, Regent House
9 Crown Square
Poundbury
Dorset
DT1 3DY
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Statement of Financial Position |
2022 |
2021 |
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Note |
£ |
£ |
£ |
Fixed assets
Tangible assets |
5 |
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Current assets
Stocks |
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Debtors |
6 |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
7 |
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Net current assets/(liabilities) |
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(
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Total assets less current liabilities |
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Creditors: amounts falling due after more than one year |
8 |
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Provisions
Taxation including deferred tax |
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Net assets |
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Statement of Financial Position (continued) |
2022 |
2021 |
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Note |
£ |
£ |
£ |
Capital and reserves
Called up share capital |
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Profit and loss account |
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Shareholders funds |
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In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
Directors' responsibilities:
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The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
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These financial statements were approved by the
board of directors
and authorised for issue on
23 January 2023
, and are signed on behalf of the board by:
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Director |
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Company registration number:
02992480
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Notes to the Financial Statements |
Year ended 30 April 2022
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 17 Crane Way, Woolsbridge Industrial Park, Three Legged Cross, Wimborne, Dorset, BH21 6FA.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Revenue recognition
Income tax
Foreign currencies
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Plant & machinery |
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Fixtures & fittings |
- |
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Motor vehicles |
- |
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Office equipment |
- |
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Impairment of fixed assets
Stocks
Provisions
Financial instruments
Defined contribution plans
4.
Particulars of employees
The average number of persons employed by the company during the year amounted to
10
(2021:
11
).
5.
Tangible assets
Land and buildings |
Plant and machinery |
Fixtures and fittings |
Motor vehicles |
Office equipment |
Total |
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£ |
£ |
£ |
£ |
£ |
£ |
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Cost |
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At 1 May 2021 |
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Additions |
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– |
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– |
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At 30 Apr 2022 |
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Depreciation |
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At 1 May 2021 |
– |
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Charge for the year |
– |
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At 30 Apr 2022 |
– |
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Carrying amount |
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At 30 Apr 2022 |
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At 30 Apr 2021 |
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6.
Debtors
2022 |
2021 |
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£ |
£ |
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Trade debtors |
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Other debtors |
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7.
Creditors:
amounts falling due within one year
2022 |
2021 |
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£ |
£ |
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Bank loans and overdrafts |
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Trade creditors |
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Corporation tax |
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Social security and other taxes |
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Other creditors - director's current accounts |
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Other creditors - Wessex Manufacturing Ltd |
20,122
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– |
Other creditors |
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8.
Creditors:
amounts falling due after more than one year
2022 |
2021 |
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£ |
£ |
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Bank loans and overdrafts |
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9.
Related party transactions
Included in trade creditors is an amount of £44,632 (2021:£89,343) owed by Wessex Manufacturing Limited. Mr M Borowski is a director and shareholder of this company.