C & W Webber (Amners Farm) Limited - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 04693038 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2017

FOR

C & W WEBBER (AMNERS FARM) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr C Webber

Mrs E Webber

SECRETARY:

Mrs E Webber

REGISTERED OFFICE:

Amners Farm

Burghfield

Reading

Berkshire

RG30 3UE

REGISTERED NUMBER:

04693038 (England and Wales)

ACCOUNTANTS:

Philip Deane Accountancy Limited

Units 1 & 2, Field View

Baynards Green Business Park

Baynards Green

Nr Bicester

Oxfordshire

OX27 7SG

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

327,569

334,387

327,569

334,387

CURRENT ASSETS

Stocks

11,198

10,465

Debtors

6

222,205

225,451

Cash at bank

757,101

640,952

990,504

876,868

CREDITORS

Amounts falling due within one year

7

(560,201

)

(472,354

)

NET CURRENT ASSETS

430,303

404,514

TOTAL ASSETS LESS CURRENT LIABILITIES

757,872

738,901

CREDITORS

Amounts falling due after more than one year

8

(13,100

)

-

PROVISIONS FOR LIABILITIES

(62,238

)

(63,534

)

NET ASSETS

682,534

675,367

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

682,434

675,267

SHAREHOLDERS' FUNDS

682,534

675,367

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2017 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 30 April 2018 and were signed on its behalf by:

Mr C Webber - Director

1.	STATUTORY INFORMATION

C & W Webber (Amners Farm) Limited 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding

discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2007, is being amortised evenly over its estimated useful life of five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are

measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

-

25% 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.

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 have

been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not

reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in

periods different from those in which they are recognised in financial statements. Deferred tax

is measured using tax rates and laws that have been enacted or substantively enacted by the

year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is

probable that they will be recovered against the reversal of deferred tax liabilities or other

future taxable profits.

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 4 .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST OR VALUATION

At 1 August 2016

and 31 July 2017

100,000

AMORTISATION

At 1 August 2016

and 31 July 2017

100,000

NET BOOK VALUE

At 31 July 2017

-

At 31 July 2016

-

Cost or valuation at 31 July 2017 is represented by:

Goodwill

£

Valuation in 2015

100,000

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 August 2016

28,165

726,911

755,076

Additions

-

102,373

102,373

Disposals

-

(4,270

)

(4,270

)

At 31 July 2017

28,165

825,014

853,179

DEPRECIATION

At 1 August 2016

23,153

397,536

420,689

Charge for year

1,253

107,938

109,191

Eliminated on disposal

-

(4,270

)

(4,270

)

At 31 July 2017

24,406

501,204

525,610

NET BOOK VALUE

At 31 July 2017

3,759

323,810

327,569

At 31 July 2016

5,012

329,375

334,387

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.17

31.7.16

£

£

Trade debtors

47,519

59,995

Other debtors

174,686

165,456

222,205

225,451

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.17

31.7.16

£

£

Hire purchase contracts

12,165

6,707

Trade creditors

327,280

269,656

Taxation and social security

27,993

32,994

Other creditors

192,763

162,997

560,201

472,354

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.7.17

31.7.16

£

£

Hire purchase contracts

13,100

-