Weedbusters Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06280370 (England and Wales)

FINANCIAL STATEMENTS FOR THE PERIOD 1 APRIL 2017 TO 30 SEPTEMBER 2018

FOR

Weedbusters Limited

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

6

Director:

Mrs N Hirst

Secretary:

J A Chapman FCA

Registered office:

Abacus House

129 North Hill

Plymouth

Devon

PL4 8JY

Business address:

11 The Mews

Stoke

Plymouth

Devon

PL1 5NY

Registered number:

06280370 (England and Wales)

Accountants:

Nigel Webster & Co

129 North Hill

Plymouth

Devon

PL4 8JY

Fixed assets

Tangible assets

4

-

1,903

Current assets

Debtors

5

-

157

Creditors

Amounts falling due within one year

6

766

2,375

Net current liabilities

(766

)

(2,218

)

Total assets less current liabilities

(766

)

(315

)

Capital and reserves

Called up share capital

7

1,000

1,000

Retained earnings

(1,766

)

(1,315

)

Shareholders' funds

(766

)

(315

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 September 2018.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 September 2018 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director on 28 November 2018 and were signed by:

Mrs N Hirst - Director

1.	STATUTORY INFORMATION

Weedbusters Limited is a private company, limited by shares, registered in England and

Wales. The company's registered number, business address 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 represents amounts receivable in respect of services. Turnover is recognised upon

provision of the service to the customer.

Tangible fixed assets

Depreciation is calculated to write down the cost of tangible fixed assets over their expected

useful economic lives using the following rates:

Hand tools - Nil

Equipment - 20% straight line

Motor vehicles - 25% straight line

The initial purchase of hand tools costing £1,450 is not depreciated. This compromises of

many small items that are constantly being replaced. Such replacements are charged to

profit and loss account and not capitalised.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit &

Loss Account, 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 period 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.

Debtors

Short term debtors are measured at transaction price (which is usually the invoice price),

less any impairment losses for bad and doubtful debts. Loans and other financial assets are

initially recognised at transaction price including any transaction costs and subsequently

measured at amortised cost determined using the effective interest method, less any

impairment losses for bad and doubtful debts.

Creditors

Short term creditors are measured at transaction price (which is usually the invoice price).

Loans and other financial liabilities are initially recognised at transaction price net of any

transaction costs and subsequently measured at amortised cost determined using the

effective interest method.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2017 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Motor

Tools and

vehicles

equipment

Totals

£

£

£

Cost

At 1 April 2017

750

2,741

3,491

Disposals

(750

)

(2,741

)

(3,491

)

At 30 September 2018

-

-

-

Depreciation

At 1 April 2017

688

900

1,588

Eliminated on disposal

(688

)

(900

)

(1,588

)

At 30 September 2018

-

-

-

Net book value

At 30 September 2018

-

-

-

At 31 March 2017

62

1,841

1,903

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade debtors

-

157

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Bank loans and overdrafts

-

120

Taxation and social security

379

-

Other creditors

387

2,255

766

2,375

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2018

2017

value:

£

£

1,000

Ordinary shares

£1

1,000

1,000

8.	RELATED PARTY DISCLOSURES

At the balance sheet date the company owed £766 to the director, Mrs N Hirst.

Mrs Hirst's loan account became overdrawn during the course of the period. The maximum

amount overdrawn was £1,198. No interest has been charged on overdrawn amounts. The

loan had £5,953 in advances and repayment credits of £5,179.