WH Collier Ltd - Accounts to registrar

REGISTERED NUMBER: 00706704 (England and Wales)

WH Collier Ltd

Unaudited Financial Statements

for the Year Ended

31 December 2016

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

to

5

DIRECTORS:

Mrs N Lax

M Strugnell

SECRETARY:

Mrs J A Longman

REGISTERED OFFICE:

Church Lane

Marks Tey

Colchester

Essex

CO6 1LN

REGISTERED NUMBER:

00706704 (England and Wales)

ACCOUNTANTS:

Haines Watts

Town Wall House

Balkerne Hill

Colchester

Essex

CO3 3AD

FIXED ASSETS

Tangible assets

4

13,613

11,580

CURRENT ASSETS

Stocks

135,853

115,659

Debtors

5

26,401

38,575

Cash at bank

85,181

135,677

247,435

289,911

CREDITORS

Amounts falling due within one year

6

(34,191

)

(46,979

)

NET CURRENT ASSETS

213,244

242,932

TOTAL ASSETS LESS CURRENT LIABILITIES

226,857

254,512

CAPITAL AND RESERVES

Called up share capital

25,000

Retained earnings

201,857

229,512

SHAREHOLDERS' FUNDS

226,857

254,512

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2016 in accordance with Section 476 of the Companies Act 2006.

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.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

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 on 18 September 2017 and were signed on its behalf by:

Mrs N Lax - Director

1.	STATUTORY INFORMATION

WH Collier Ltd is a private company, limited by shares , registered in England and Wales. The company's registered

number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Transition to frs 102 section 1a

These financial statements for the year ended 31 December 2016 are the first financial statements that comply with FRS

102 Section 1A small entities. The date of transition is 1 January 2016. This transition has not resulted in any changes to

the accounting policies.

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

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

2% on cost of buildings

Plant and machinery

-

at variable rates on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving

items.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme

are charged to profit or loss in the period to which they relate.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet

date.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 .

4.	TANGIBLE FIXED ASSETS

Freehold

Plant and

property

machinery

Totals

£

COST

At 1 January 2016

292,020

375,446

667,466

Additions

-

4,501

At 31 December 2016

292,020

379,947

671,967

DEPRECIATION

At 1 January 2016

292,020

363,866

655,886

Charge for year

-

2,468

At 31 December 2016

292,020

366,334

658,354

NET BOOK VALUE

At 31 December 2016

-

13,613

At 31 December 2015

-

11,580

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2016

2015

£

Trade debtors

21,431

33,605

Other debtors

4,970

26,401

38,575

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2016

2015

£

Trade creditors

12,478

11,301

Taxation and social security

14,973

21,978

Other creditors

6,740

13,700

34,191

46,979

7.	RELATED PARTY DISCLOSURES

At the balance sheet date there were loans from the Director and employees of £5,540 (2015: £13,700). The loans are

interest free and carry no fixed date for repayment.

8.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Primrose Brick Ltd, a company incorporated in England & Wales.

9.	FIRST YEAR ADOPTION

There is no effect of the transition to FRS 102 Section 1A on the value of equity or profit reported under the previous

financial reporting framework.

WH Collier Ltd - Accounts to registrar - small 17.2

WH Collier Ltd - Accounts to registrar - small 17.2