Company Registration No. 01748149 (England and Wales)
Tamworth Electrical Wholesale Supplies Limited
Unaudited accounts
for the year ended 31 March 2018
Tamworth Electrical Wholesale Supplies Limited
Unaudited accounts
Contents
Tamworth Electrical Wholesale Supplies Limited
Company Information
for the year ended 31 March 2018
Directors
Steven Kitteridge
Eileen Kitteridge
Company Number
01748149 (England and Wales)
Registered Office
Unit 11/12 Kettlebrook Industrial Estate
Kettlebrook Road
Tamworth
B77 1BB
UK
Accountants
Z Reed
8 West View Court
Sutton Coldfield
West Midlands
B75 6BB
Tamworth Electrical Wholesale Supplies Limited
Statement of financial position
as at 31 March 2018
Tangible assets
227,721
230,138
Cash at bank and in hand
53,304
50,441
Creditors: amounts falling due within one year
(49,024)
(52,131)
Net current assets
70,975
68,507
Net assets
298,696
298,645
Called up share capital
1,000
1,000
Profit and loss account
297,696
297,645
Shareholders' funds
298,696
298,645
For the year ending 31 March 2018 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 19 July 2018.
Steven Kitteridge
Director
Company Registration No. 01748149
Tamworth Electrical Wholesale Supplies Limited
Notes to the Accounts
for the year ended 31 March 2018
Tamworth Electrical Wholesale Supplies Limited is a private company, limited by shares, registered in England and Wales, registration number 01748149. The registered office is Unit 11/12 Kettlebrook Industrial Estate, Kettlebrook Road, Tamworth, B77 1BB, UK.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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:
Land & buildings
Straight Line @ 1%
Plant & machinery
Reducing Balance at 15%
Motor vehicles
Reducing Balance at 25%
Fixtures & fittings
Reducing Balance at 15%
Computer equipment
Reducing Balance at 33%
Tamworth Electrical Wholesale Supplies Limited
Notes to the Accounts
for the year ended 31 March 2018
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 April 2017
252,779
6,904
9,468
4,818
3,980
277,949
Additions
-
-
-
475
300
775
Disposals
-
-
-
-
(400)
(400)
At 31 March 2018
252,779
6,904
9,468
5,293
3,880
278,324
At 1 April 2017
24,430
6,532
8,985
4,538
3,326
47,811
Charge for the year
2,527
70
121
95
228
3,041
On disposals
-
-
-
-
(249)
(249)
At 31 March 2018
26,957
6,602
9,106
4,633
3,305
50,603
At 31 March 2018
225,822
302
362
660
575
227,721
At 31 March 2017
228,349
372
483
280
654
230,138
Finished goods
51,208
50,793
Trade debtors
14,459
17,586
Accrued income and prepayments
1,028
1,818
7
Creditors: amounts falling due within one year
2018
2017
Trade creditors
34,381
33,731
Taxes and social security
12,673
15,230
8
Average number of employees
During the year the average number of employees was 4 (2017: 4).
