Company Registration No. 07557209 (England and Wales)
Webb Mechanical Ltd
Unaudited accounts
for the year ended 31 March 2018
Webb Mechanical Ltd
Unaudited accounts
Contents
Webb Mechanical Ltd
Company Information
for the year ended 31 March 2018
Directors
David Webb
Tahira Webb
Company Number
07557209 (England and Wales)
Registered Office
208 East Ferry Road
Millwall
London
E14 3AY
GB
Webb Mechanical Ltd
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Webb Mechanical Ltd for the year ended 31 March 2018
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Webb Mechanical Ltd for the year ended
31 March 2018 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 7/16 as detailed at icaew.com/compilation.
Chartered Accountants
3 December 2018
Webb Mechanical Ltd
Statement of financial position
as at 31 March 2018
Tangible assets
35,309
41,300
Cash at bank and in hand
(32,788)
44,459
Creditors: amounts falling due within one year
(33,725)
(121,152)
Net current assets
33,807
50,352
Total assets less current liabilities
69,116
91,652
Creditors: amounts falling due after more than one year
-
(17,083)
Called up share capital
10
10
Profit and loss account
69,106
74,559
Shareholders' funds
69,116
74,569
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 3 December 2018.
David Webb
Director
Company Registration No. 07557209
Webb Mechanical Ltd
Notes to the Accounts
for the year ended 31 March 2018
Webb Mechanical Ltd is a private company, limited by shares, registered in England and Wales, registration number 07557209. The registered office is 208 East Ferry Road, Millwall, London, E14 3AY, GB.
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:
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 April 2017
40,828
27,921
68,749
At 31 March 2018
40,828
28,903
69,731
At 1 April 2017
16,355
11,094
27,449
Charge for the year
4,083
2,890
6,973
At 31 March 2018
20,438
13,984
34,422
At 31 March 2018
20,390
14,919
35,309
At 31 March 2017
24,473
16,827
41,300
Finished goods
28,498
46,978
Webb Mechanical Ltd
Notes to the Accounts
for the year ended 31 March 2018
Other debtors
71,822
80,067
7
Creditors: amounts falling due within one year
2018
2017
Bank loans and overdrafts
3,682
7,189
Trade creditors
7,504
6,464
Taxes and social security
37,331
67,923
Other creditors
(32,567)
2,326
8
Creditors: amounts falling due after more than one year
2018
2017
9
Average number of employees
During the year the average number of employees was 3 (2017: 3).
