Ernest Wedge (Roofing) Limited

Ernest Wedge (Roofing) Limited

ERNEST WEDGE (ROOFING) LIMITED - Company Information

Print Friendly Version

1 January 2023 false No description of principal activity Taxfiler 2023.15 01435940business:PrivateLimitedCompanyLtd2023-01-012023-12-31 014359402022-12-31 014359402023-01-012023-12-31 01435940business:AuditExempt-NoAccountantsReport2023-01-012023-12-31 01435940business:FilletedAccounts2023-01-012023-12-31 014359402023-12-31 01435940business:Director12023-01-012023-12-31 01435940business:CompanySecretary12023-01-012023-12-31 01435940business:RegisteredOffice2023-01-012023-12-31 014359402022-12-31 01435940core:WithinOneYear2023-12-31 01435940core:WithinOneYear2022-12-31 01435940core:AfterOneYear2023-12-31 01435940core:AfterOneYear2022-12-31 01435940core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 01435940core:ShareCapitalcore:PreviouslyStatedAmount2022-12-31 01435940core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 01435940core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-12-31 01435940core:PreviouslyStatedAmount2023-12-31 01435940core:PreviouslyStatedAmount2022-12-31 01435940business:SmallEntities2023-01-012023-12-31 01435940countries:EnglandWales2023-01-012023-12-31 01435940core:LandBuildings2023-01-012023-12-31 01435940core:PlantMachinery2023-01-012023-12-31 01435940core:MotorVehicles2023-01-012023-12-31 01435940core:FurnitureFittings2023-01-012023-12-31 01435940core:LandBuildings2022-12-31 01435940core:PlantMachinery2022-12-31 01435940core:MotorVehicles2022-12-31 01435940core:FurnitureFittings2022-12-31 01435940core:LandBuildings2023-12-31 01435940core:PlantMachinery2023-12-31 01435940core:MotorVehicles2023-12-31 01435940core:FurnitureFittings2023-12-31 01435940business:OrdinaryShareClass12023-01-012023-12-31 01435940business:OrdinaryShareClass12022-01-012022-12-31 01435940business:Director112023-01-012023-12-31 01435940business:Director112022-12-31 01435940business:Director112023-12-31 014359402022-01-012022-12-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 01435940 (England and Wales)
Ernest Wedge (Roofing) Limited Unaudited accounts for the year ended 31 December 2023
Ernest Wedge (Roofing) Limited Unaudited accounts Contents
Page
- 2 -
Ernest Wedge (Roofing) Limited Company Information for the year ended 31 December 2023
Director
Peter Bird
Secretary
David Turner
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 Ind Estate Worton Road Isleworth Middlesex TW7 6ER
- 3 -
Ernest Wedge (Roofing) Limited Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
3,799 
12,213 
Current assets
Inventories
1,000 
1,000 
Debtors
5
24,658 
70,353 
Cash at bank and in hand
14,580 
9,585 
40,238 
80,938 
Creditors: amounts falling due within one year
6
(34,412)
(58,867)
Net current assets
5,826 
22,071 
Total assets less current liabilities
9,625 
34,284 
Creditors: amounts falling due after more than one year
7
(14,915)
(24,267)
Net (liabilities)/assets
(5,290)
10,017 
Capital and reserves
Called up share capital
8
1,000 
1,000 
Profit and loss account
(6,290)
9,017 
Shareholders' funds
(5,290)
10,017 
For the year ending 31 December 2023 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 15 February 2024 and were signed on its behalf by
Peter Bird Director Company Registration No. 01435940
- 4 -
Ernest Wedge (Roofing) Limited Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
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.
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:
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 2023
14,734 
4,096 
30,545 
5,881 
55,256 
At 31 December 2023
14,734 
4,096 
30,545 
5,881 
55,256 
Depreciation
At 1 January 2023
14,734 
4,096 
18,332 
5,881 
43,043 
Charge for the year
- 
- 
8,414 
- 
8,414 
At 31 December 2023
14,734 
4,096 
26,746 
5,881 
51,457 
Net book value
At 31 December 2023
- 
- 
3,799 
- 
3,799 
At 31 December 2022
- 
- 
12,213 
- 
12,213 
- 5 -
Ernest Wedge (Roofing) Limited Notes to the Accounts for the year ended 31 December 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
2,188 
1,900 
Other debtors
22,470 
68,453 
24,658 
70,353 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
10,648 
10,648 
VAT
9,270 
29,853 
Trade creditors
12,780 
7,489 
Taxes and social security
2,617 
13,844 
Loans from directors
(1,077)
(2,967)
Accruals
174 
- 
34,412 
58,867 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
14,915 
24,267 
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000 
1,000 
9
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Peter Bird
Loan owed by director
2,967 
- 
1,890 
1,077 
2,967 
- 
1,890 
1,077 
10
Transactions with related parties
Interim dividends paid £nil (2022 : £31,500). Final dividend £nil (2022 : £nil). Wedge Homes Ltd provides accounting services in the sum of £6,000 (2022 : £6,000). Wedge Investments Ltd rents properties to the company, in the year £11,500 (2022:£11,500). Bird and Wedge Ltd owed the company £12,754 (2022 : £40,181)
11
Controlling party
The parent company is HG Orme & Co Limited, Unit 11 Worton Court, Worton Hall Ind Estate, Worton Road, Isleworth. TW7 6ER
- 6 -
Ernest Wedge (Roofing) Limited Notes to the Accounts for the year ended 31 December 2023
12
Average number of employees
During the year the average number of employees was 2 (2022: 2).
- 7 -