Company Registration No. SC258304 (Scotland)
WEEE SOLUTIONS LIMITED
Unaudited accounts
for the year ended 5 April 2017
WEEE SOLUTIONS LIMITED
Unaudited accounts
Contents
WEEE SOLUTIONS LIMITED
Company Information
for the year ended 5 April 2017
Directors
Graeme Douglas
John Gregson
Hugh O ' Neill
John McDougall
Company Number
SC258304 (Scotland)
Registered Office
Unit 3, 69 Burnbrae Road
Linwood Trading Estate,
Paisley
Renfrewshire
PA3 3BD
Scotland
WEEE SOLUTIONS LIMITED
Statement of financial position
as at 5 April 2017
Tangible assets
31,548
24,936
Cash at bank and in hand
19,082
(24,287)
Creditors: amounts falling due within one year
(326,960)
(171,623)
Net current assets/(liabilities)
24,082
(7,062)
Total assets less current liabilities
55,630
17,874
Creditors: amounts falling due after more than one year
(11,655)
(18,325)
Net assets/(liabilities)
43,975
(451)
Called up share capital
10
10
Profit and loss account
43,965
(461)
Shareholders' funds
43,975
(451)
For the year ending 5 April 2017 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 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 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.
Approved by the Board on 9 December 2017.
Graeme Douglas
Director
Company Registration No. SC258304
WEEE SOLUTIONS LIMITED
Notes to the Accounts
for the year ended 5 April 2017
WEEE SOLUTIONS LIMITED is a private company, limited by shares, registered in Scotland, registration number SC258304. The registered office is Unit 3, 69 Burnbrae Road, Linwood Trading Estate,, Paisley , Renfrewshire, PA3 3BD, Scotland.
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.
These financial statements for the year ended 5 April 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 6 April 2015
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 6 April 2016
44,826
21,715
1,522
4,217
72,280
Additions
5,149
13,300
-
640
19,089
At 5 April 2017
49,975
35,015
1,522
4,857
91,369
At 6 April 2016
23,865
19,015
963
3,501
47,344
Charge for the year
6,300
5,900
-
277
12,477
At 5 April 2017
30,165
24,915
963
3,778
59,821
At 5 April 2017
19,810
10,100
559
1,079
31,548
At 5 April 2016
20,961
2,700
559
716
24,936
Finished goods
27,455
27,960
WEEE SOLUTIONS LIMITED
Notes to the Accounts
for the year ended 5 April 2017
Trade debtors
299,918
156,301
7
Creditors: amounts falling due within one year
2017
2016
Trade creditors
72,794
63,425
Taxes and social security
96,679
46,042
Accrued preference dividends
15,000
-
Other creditors
4,566
(1,458)
Loans from directors
67,614
63,614
8
Creditors: amounts falling due after more than one year
2017
2016
Other creditors
11,655
18,325
9
Average number of employees
During the year the average number of employees was 17 (2016: 17).
