Westfield Services (UK) Limited - Accounts to registrar (filleted) - small 18.2
Westfield Services (UK) Limited - Accounts to registrar (filleted) - small 18.2
REGISTERED NUMBER: |
FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 DECEMBER 2017 |
FOR |
WESTFIELD SERVICES (UK) LIMITED |
WESTFIELD SERVICES (UK) LIMITED (REGISTERED NUMBER: 02244439) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 DECEMBER 2017 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
WESTFIELD SERVICES (UK) LIMITED |
COMPANY INFORMATION |
FOR THE YEAR ENDED 31 DECEMBER 2017 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
AUDITOR: |
Regency Court |
62-66 Deansgate |
MANCHESTER |
M3 2EN |
BANKERS: |
86a Queen Street |
Morley |
Leeds |
West Yorkshire |
LS27 9BU |
WESTFIELD SERVICES (UK) LIMITED (REGISTERED NUMBER: 02244439) |
BALANCE SHEET |
31 DECEMBER 2017 |
2017 | 2016 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Stocks |
Debtors | 5 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
SHAREHOLDERS' FUNDS |
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 by: |
WESTFIELD SERVICES (UK) LIMITED (REGISTERED NUMBER: 02244439) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 DECEMBER 2017 |
1. | STATUTORY INFORMATION |
Westfield Services (UK) Limited is a |
company's registered number and registered office address can be found on the Company Information page. |
The principal activities of the company in the year under review were that of the supply, installation and repair of |
petrol pumps and tanks, including the statutory testing and maintenance of fuel and electrical installations, |
building contractors, contract maintenance services and the supply and installation of barrier systems. |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Preparation of consolidated financial statements |
The company's parent undertaking, Turton Group Trading Limited, whose registered office is Sovereign House, |
Pennine View, Birstall, WF17 9NF prepares consolidated financial statements of which this company is a |
member. |
Turnover |
Turnover represents net invoiced sales of goods and services, excluding value added tax, as adjusted for the |
effect of revenue recognition. |
In respect of service contracts turnover is recognised when the right to consideration has been obtained through |
performance under each contract. Consideration accrues as contract activity progresses by reference to the value |
of the work performed. |
Retentions are accounted for when received. |
Tangible fixed assets |
Improvements to property | - |
Plant and machinery | - |
Fixtures and fittings | - |
Computer equipment | - |
Stocks |
Stock and work in progress is valued at the lower of cost and net realisable value, after making due allowance for |
obsolete and slow moving items and any appropriate provision for losses. |
Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads. |
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. |
Deferred taxation |
Deferred tax is provided in full on timing differences which result in an obligation at the balance sheet date to |
pay more tax, or a right to pay less tax, at a future date, at rates expected to apply when they crystallise based on |
current tax rates and law. Timing differences arise from the inclusion of items of income and expenditure in |
taxation computations in periods different from those in which they are included in financial statements. Deferred |
tax assets and liabilities are not discounted. |
WESTFIELD SERVICES (UK) LIMITED (REGISTERED NUMBER: 02244439) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 DECEMBER 2017 |
2. | ACCOUNTING POLICIES - continued |
Research and development |
Research and development expenditure is charged to the profit and loss account as incurred. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
4. | TANGIBLE FIXED ASSETS |
Improvements | Fixtures |
to | Plant and | and | Computer |
property | machinery | fittings | equipment | Totals |
£ | £ | £ | £ | £ |
COST |
At 1 January 2017 |
and 31 December 2017 |
DEPRECIATION |
At 1 January 2017 |
Charge for year |
At 31 December 2017 |
NET BOOK VALUE |
At 31 December 2017 |
At 31 December 2016 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2017 | 2016 |
£ | £ |
Trade debtors |
Other debtors |
Deferred tax asset |
Prepayments |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2017 | 2016 |
£ | £ |
Trade creditors |
Amounts owed to group undertakings |
Taxation and social security |
Other creditors |
RETENTION OF TITLE |
Certain trade creditors have supplied goods under terms which include a retention of title clause. In view of the |
nature of this security and as the liability is cleared in the normal course of business, it is not considered practical |
to quantify the amount involved. |
WESTFIELD SERVICES (UK) LIMITED (REGISTERED NUMBER: 02244439) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 DECEMBER 2017 |
7. | LEASING AGREEMENTS |
Minimum lease payments under non-cancellable operating leases fall due as follows: |
2017 | 2016 |
£ | £ |
Within one year |
Between one and five years |
In more than five years |
8. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006 |
The Report of the Auditor was unqualified. |
for and on behalf of |