W & S Sandbach Limited - Accounts to registrar (filleted) - small 23.2.5
W & S Sandbach Limited - Accounts to registrar (filleted) - small 23.2.5
| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 31 December 2022 |
| for |
| W & S Sandbach Limited |
| W & S Sandbach Limited (Registered number: 07546802) |
| Contents of the Financial Statements |
| for the Year Ended 31 December 2022 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| W & S Sandbach Limited |
| Company Information |
| for the Year Ended 31 December 2022 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| 405 Wigan Road |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Suite 7 Lesscent House |
| 405 Wigan Rd |
| Ashton in Makerfield |
| Wigan |
| WN4 0AR |
| W & S Sandbach Limited (Registered number: 07546802) |
| Balance Sheet |
| 31 December 2022 |
| 31.12.22 | 31.12.21 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
7 |
( |
) |
( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET LIABILITIES | ( |
) | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
| The directors acknowledge their responsibilities for: |
| (a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| (b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
| W & S Sandbach Limited (Registered number: 07546802) |
| Balance Sheet - continued |
| 31 December 2022 |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| W & S Sandbach Limited (Registered number: 07546802) |
| Notes to the Financial Statements |
| for the Year Ended 31 December 2022 |
| 1. | STATUTORY INFORMATION |
| W & S Sandbach Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
| Tangible fixed assets |
| Plant and machinery | - |
| Fixtures and fittings | - |
| Computer equipment | - |
| Stocks |
| Work in progress is valued at the lower of cost and net realiseable value. |
| Costs include all direct expenditure involved in reaching the value included in these accounts. |
| Hire purchase and leasing commitments |
| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| W & S Sandbach Limited (Registered number: 07546802) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 December 2022 |
| 4. | TANGIBLE FIXED ASSETS |
| Fixtures |
| Freehold | Plant and | and | Computer |
| property | machinery | fittings | equipment | Totals |
| £ | £ | £ | £ | £ |
| COST |
| At 1 January 2022 |
| and 31 December 2022 |
| DEPRECIATION |
| At 1 January 2022 |
| Charge for year |
| At 31 December 2022 |
| NET BOOK VALUE |
| At 31 December 2022 |
| At 31 December 2021 |
| 5. | DEBTORS |
| 31.12.22 | 31.12.21 |
| £ | £ |
| Amounts falling due within one year: |
| Amounts owed by associates |
| Prepayments |
| Amounts falling due after more than one year: |
| Deferred Tax | 1,660,688 | - |
| Aggregate amounts |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.12.22 | 31.12.21 |
| £ | £ |
| Bank loans and overdrafts |
| Trade creditors |
| Amounts owed to associates | 58,311 | - |
| VAT | 226,521 | 244,159 |
| Other creditors |
| Directors' current accounts | 23,966 | 23,966 |
| Accruals and deferred income |
| Accrued expenses |
| W & S Sandbach Limited (Registered number: 07546802) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 December 2022 |
| 7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 31.12.22 | 31.12.21 |
| £ | £ |
| Debentures - 1-2 years |
| Bank loans - 1-2 years |
| Bank loans - 2-5 years |
| Other creditors |
| 8. | SECURED DEBTS |
| The following secured debts are included within creditors: |
| 31.12.22 | 31.12.21 |
| £ | £ |
| Bridging Finance Ltd | 7,589,582 | 6,394,911 |
| The loan from Bridging Finance Ltd is secured by a debenture and first charge over land owned by the Company and held as trading stock. |