North West Environmental Services Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 09069074 (England and Wales)

Abbreviated Accounts for the Year Ended 30 June 2016

for

North West Environmental Services

(Drainage And Groundworks) Limited

Page

Company Information

1

Accountants' Report

2

Abbreviated Balance Sheet

3

Notes to the Abbreviated Accounts

5

DIRECTOR:

Mrs A J Smith

REGISTERED OFFICE:

Yard 5, Riverside Trading Estate

Penketh

Warrington

Cheshire

WA5 2UL

REGISTERED NUMBER:

09069074 (England and Wales)

ACCOUNTANTS:

HLP Ltd

Accounting and Tax Solutions

Hillgate Place

77 Middle Hillgate

Stockport

Cheshire

SK1 3EH

The following reproduces the text of the report prepared for the director in respect of the company's

annual unaudited financial statements, from which the unaudited abbreviated accounts (set out on

pages three to seven) have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval

the financial statements of North West Environmental Services (Drainage And Groundworks) Limited for the

period ended 30 June 2016 which comprises the Profit and Loss Account, the Balance Sheet and the related

notes from the company's accounting records and from information and explanations you have given us.

This report is made solely to the Board of Directors of North West Environmental Services (Drainage And

Groundworks) Limited, as a body, in accordance with the terms of our engagement. Our work has been

undertaken solely to prepare for your approval the financial statements of North West Environmental Services

(Drainage And Groundworks) Limited and state those matters that we have agreed to state to the Board of

Directors of North West Environmental Services (Drainage And Groundworks) Limited, as a body, and for no

other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone

other than the company and the Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that North West Environmental Services (Drainage And Groundworks) Limited has

kept adequate accounting records and to prepare statutory financial statements that give a true and fair view

of the assets, liabilities, financial position of profit or loss of North West Environmental Services (Drainage

And Groundworks) Limited. You consider that North West Environmental Services (Drainage And

Groundworks) Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of North West

Environmental Services (Drainage And Groundworks) Limited. For this reason, we have not verified the

accuracy or completeness of the accounting records or information and explanations you have given us and

we do not, therefore, express any opinion on the statutory financial statements.

HLP Ltd

Accounting and Tax Solutions

Hillgate Place

77 Middle Hillgate

Stockport

Cheshire

SK1 3EH

15 March 2017

FIXED ASSETS

Intangible assets

2

5,850

8,550

Tangible assets

3

88,612

69,329

94,462

77,879

CURRENT ASSETS

Stocks

4,617

4,899

Debtors

149,879

56,277

Cash at bank

13,737

53,669

168,233

114,845

CREDITORS

Amounts falling due within one year

4

112,165

91,240

NET CURRENT ASSETS

56,068

23,605

TOTAL ASSETS LESS CURRENT
LIABILITIES

150,530

101,484

CREDITORS

Amounts falling due after more than one
year

4

(32,516

)

(30,764

)

PROVISIONS FOR LIABILITIES

(16,836

)

(13,865

)

NET ASSETS

101,178

56,855

CAPITAL AND RESERVES

Called up share capital

5

100

Profit and loss account

101,078

56,755

SHAREHOLDERS' FUNDS

101,178

56,855

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 15 March 2017 and were signed by:

Mrs A J Smith - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance

with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of four years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Taxation

Current tax is provided at amounts expected to be paid (or recovered) using the tax rates and laws that

have been enacted or substantively enacted by the balance sheet date.

Deferred taxation is accounted for at expected tax rates on all differences arising from the inclusion of

items of income and expenditure in taxation computations in periods different from those in which they

are included in the financial statements. A deferred tax asset is only recognised when it is more likely

than not that the asset will be recoverable in the foreseeable future out of suitable taxable profits from

which the underlying timing differences can be deducted.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet.

Those held under hire purchase contracts are depreciated over their estimated useful lives. Those

held under finance leases are depreciated over their estimated useful lives or the lease term,

whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant

period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis

over the period of the lease.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2015

and 30 June 2016

10,800

AMORTISATION

At 1 July 2015

2,250

Amortisation for year

2,700

At 30 June 2016

4,950

NET BOOK VALUE

At 30 June 2016

5,850

At 30 June 2015

8,550

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2015

79,868

Additions

38,328

At 30 June 2016

118,196

DEPRECIATION

At 1 July 2015

10,539

Charge for year

19,045

At 30 June 2016

29,584

NET BOOK VALUE

At 30 June 2016

88,612

At 30 June 2015

69,329

4.

CREDITORS

Creditors include an amount of £ 43,348 (2015 - £ 37,184 ) for which security has been given.

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

50

Ordinary A shares

£1

50

Ordinary B shares

£1

50

100

6.	ULTIMATE PARENT COMPANY

NWES Holding Company Ltd is regarded by the director as being the company's ultimate parent

company.