Accounts filed on 30-04-2017


Registered number: 4762919






Ward Glass Contractors Limited


ACCOUNTS

FOR THE YEAR ENDED 30/04/2017
























Prepared By:
J W Ingle & Co.
Accountants & Tax Consultants
137/139
High Street
Beckenham
Kent
BR3 1AG


Ward Glass Contractors Limited


ACCOUNTS
FOR THE YEAR ENDED 30/04/2017





DIRECTORS
John Ward
Lynne Ward
Rachel Wimpress


REGISTERED OFFICE
245 Amhurst Road
Stoke Newington
London
N16 7UN


COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 4762919



ACCOUNTANTS
J W Ingle & Co.
Accountants & Tax Consultants
137/139
High Street
Beckenham
Kent
BR3 1AG


ACCOUNTS
FOR THEYEARENDED30/04/2017



CONTENTS



		Page

Directors' Report		-

Accountants' Report		-

Statement Of Comprehensive Income		-

Balance Sheet		3

Notes To The Accounts		4


The following do not form part of the statutory financial statements:

Trading And Profit And Loss Account		-

Profit And Loss Account Summaries		-


BALANCE SHEET AT 30/04/2017

			2017		2016
	Notes		£		£

FIXED ASSETS
Intangible assets	2		250,000		250,000
Tangible assets	3		42,962		45,037

			292,962		295,037

CURRENT ASSETS
Stock		91,500		41,500
Debtors	5	241,114		294,334
Cash at bank and in hand		134,927		196,300
		467,541		532,134
CREDITORS: Amounts falling due within one year	6	194,194		262,190
NET CURRENT ASSETS			273,347		269,944
TOTAL ASSETS LESS CURRENT LIABILITIES			566,309		564,981

CAPITAL AND RESERVES

Called up share capital	8		150		150
Profit and loss account			566,159		564,831
SHAREHOLDERS' FUNDS			566,309		564,981

For the year ending 30/04/2017 the company was entitled to exemption 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 directors acknowledge their 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.

Approved by the board on 28/08/2017 and signed on their behalf by



.............................
John Ward
Director

1. ACCOUNTING POLICIES




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .




1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and Machinery		reducing balance 25%
Commercial Vehicles		reducing balance 25%
Equipment		reducing balance 25%




1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.




1d. Pension Costs
The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.




1e. Goodwill
Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life to a maximum of 20 years. Goodwill is reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.




5. DEBTORS	2017	2016
	£	£
Amounts falling due within one year
Trade debtors	178,127	251,031
Other debtors	62,987	22,423
Directors current account	-	20,880
	241,114	294,334




6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2017	2016
	£	£
UK corporation tax	29,748	45,271
Other tax	9,411	22,541
Directors current account	-	30,000
Bank loans and overdrafts	-	14,827
Credit card	-	2,397
Trade creditors	106,827	106,241
Other creditors	48,208	40,913
	194,194	262,190




8. SHARE CAPITAL	2017	2016
	£	£
Allotted, issued and fully paid:
150 Ordinary shares of £1 each	150	150
	150	150