Company Registration No. 01435940 (England and Wales)
Ernest Wedge (Roofing) Limited
Unaudited accounts
for the year ended 31 December 2022
Ernest Wedge (Roofing) Limited
Unaudited accounts
Contents
Ernest Wedge (Roofing) Limited
Company Information
for the year ended 31 December 2022
Company Number
01435940 (England and Wales)
Registered Office
Wedge House
White Hart Lane
Tottenham
London
N17 8HJ
UK
Accountants
CP Finance
Unit 11, Worton Court,
Worton Hall Estate, Worton Road
Isleworth
Middlesex
TW7 6ER
Ernest Wedge (Roofing) Limited
Statement of financial position
as at 31 December 2022
Tangible assets
12,213
31,644
Cash at bank and in hand
9,585
10,465
Creditors: amounts falling due within one year
(58,867)
(41,693)
Net current assets
22,071
11,128
Total assets less current liabilities
34,284
42,772
Creditors: amounts falling due after more than one year
(24,267)
(34,915)
Called up share capital
1,000
1,000
Profit and loss account
9,017
6,857
Shareholders' funds
10,017
7,857
For the year ending 31 December 2022 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 10 February 2023 and were signed on its behalf by
Peter Bird
Director
Company Registration No. 01435940
Ernest Wedge (Roofing) Limited
Notes to the Accounts
for the year ended 31 December 2022
Ernest Wedge (Roofing) Limited is a private company, limited by shares, registered in England and Wales, registration number 01435940. The registered office is Wedge House, White Hart Lane, Tottenham, London, N17 8HJ, UK.
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:
Land & buildings
Leasehold over term of lease
Plant & machinery
33.33% straight line
Motor vehicles
33.33% straight line
Fixtures & fittings
33.33% straight line
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 January 2022
14,734
4,096
49,185
5,881
73,896
Disposals
-
-
(18,640)
-
(18,640)
At 31 December 2022
14,734
4,096
30,545
5,881
55,256
At 1 January 2022
14,734
4,096
17,541
5,881
42,252
Charge for the year
-
-
8,039
-
8,039
On disposals
-
-
(7,248)
-
(7,248)
At 31 December 2022
14,734
4,096
18,332
5,881
43,043
At 31 December 2022
-
-
12,213
-
12,213
At 31 December 2021
-
-
31,644
-
31,644
Ernest Wedge (Roofing) Limited
Notes to the Accounts
for the year ended 31 December 2022
Amounts falling due within one year
Trade debtors
1,900
32,130
Other debtors
68,453
9,226
6
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
10,648
10,648
Trade creditors
7,489
17,784
Taxes and social security
13,844
309
Loans from directors
(2,967)
3,318
7
Creditors: amounts falling due after more than one year
2022
2021
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000
1,000
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Loan owed by director
(3,317)
6,284
-
2,967
10
Transactions with related parties
Interim dividends paid £31,500 (2021 : £nil). Final dividend £nil (2021 : £32,493)
11
Average number of employees
During the year the average number of employees was 2 (2021: 2).
