Weighbridge (Minchinhampton) Limited - Accounts to registrar - small 17.1

REGISTERED NUMBER: 09792222

Unaudited Financial Statements

for the Year Ended 31 December 2017

for

WEIGHBRIDGE (MINCHINHAMPTON) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

M V L Parsons

SECRETARY:

REGISTERED OFFICE:

C/o Grosvenor House Practice

Avening, Priory Park

London Road

Tetbury

GL8 8HZ

REGISTERED NUMBER:

09792222

ACCOUNTANTS:

Grosvenor House Practice Limited

Chartered Certified Accountants

Avening

Priory Park

London Road

TETBURY

Gloucestershire

GL8 8HZ

FIXED ASSETS

Tangible assets

4

82,514

82,796

CURRENT ASSETS

Stocks

12,607

12,212

Debtors

5

11,380

12,412

Cash at bank and in hand

63,504

58,391

87,491

83,015

CREDITORS

Amounts falling due within one year

6

(178,588

)

(180,252

)

NET CURRENT LIABILITIES

(91,097

)

(97,237

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(8,583

)

(14,441

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(8,683

)

(14,541

)

(8,583

)

(14,441

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2017 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 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 director on 29 March 2018 and were signed by:

M V L Parsons - Director

1.	STATUTORY INFORMATION

Weighbridge (Minchinhampton) Limited is a private company, limited by shares , registered in Not

specified/Other. 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.

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.

Plant and machinery etc

-

20% on cost

Stocks

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

obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement,

except to the extent that it relates to items recognised in other comprehensive income or directly in

equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that that have been

enacted or substantively enacted by the balance sheet date.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 23 (2016 - 23 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 January 2017

80,102

3,368

83,470

Additions

-

321

321

At 31 December 2017

80,102

3,689

83,791

DEPRECIATION

At 1 January 2017

-

674

674

Charge for year

-

603

603

At 31 December 2017

-

1,277

1,277

NET BOOK VALUE

At 31 December 2017

80,102

2,412

82,514

At 31 December 2016

80,102

2,694

82,796

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.17

31.12.16

£

£

Other debtors

11,380

12,412

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.17

31.12.16

£

£

Trade creditors

16,778

27,562

Taxation and social security

26,957

26,147

Other creditors

134,853

126,543

178,588

180,252