Websters Removals Limited - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 02792194 (England and Wales)

WEBSTERS REMOVALS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2018

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

A J Webster

Mrs B B Webster

Mrs M R Webster

SECRETARY:

Mrs B B Webster

REGISTERED OFFICE:

Castle Chambers

6 Westgate Hill

Pembroke

Pembrokeshire

SA71 4LB

REGISTERED NUMBER:

02792194 (England and Wales)

ACCOUNTANTS:

Bevan & Buckland

Chartered Accountants

Castle Chambers

6 Westgate Hill

Pembroke

Pembrokeshire

SA71 4LB

FIXED ASSETS

Tangible assets

4

23,797

28,947

CURRENT ASSETS

Debtors

5

3

3

Cash at bank and in hand

59,240

57,457

59,243

57,460

CREDITORS

Amounts falling due within one year

6

19,895

20,159

NET CURRENT ASSETS

39,348

37,301

TOTAL ASSETS LESS CURRENT LIABILITIES

63,145

66,248

CAPITAL AND RESERVES

Called up share capital

3

3

Retained earnings

63,142

66,245

SHAREHOLDERS' FUNDS

63,145

66,248

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2018 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 23 April 2018 and were signed on its behalf by:

A J Webster - Director

1.	STATUTORY INFORMATION

Websters Removals 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.

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

-

20% on cost

Motor vehicles

-

10% on cost

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 (2017 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 March 2017

and 28 February 2018

4,461

81,509

85,970

DEPRECIATION

At 1 March 2017

4,461

52,562

57,023

Charge for year

-

5,150

5,150

At 28 February 2018

4,461

57,712

62,173

NET BOOK VALUE

At 28 February 2018

-

23,797

23,797

At 28 February 2017

-

28,947

28,947

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Other debtors

3

3

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Bank loans and overdrafts

-

1,192

Trade creditors

3,046

2,372

Taxation and social security

4,250

3,551

Other creditors

12,599

13,044

19,895

20,159

7.	ULTIMATE CONTROLLING PARTY