Company Registration No. 00673479 (England and Wales)
E.F.WHITE (MOTOR ENGINEERS) LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2021
PAGES FOR FILING WITH REGISTRAR
E.F.WHITE (MOTOR ENGINEERS) LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
E.F.WHITE (MOTOR ENGINEERS) LIMITED
BALANCE SHEET
AS AT
31 OCTOBER 2021
31 October 2021
- 1 -
2021
2020
Notes
£
£
£
£
Fixed assets
Tangible assets
3
20,828
20,828
Current assets
Cash at bank and in hand
19,898
22,953
Creditors: amounts falling due within one year
4
(4,438)
(4,023)
Net current assets
15,460
18,930
Total assets less current liabilities
36,288
39,758
Creditors: amounts falling due after more than one year
5
(1,526)
(6,053)
Net assets
34,762
33,705
Capital and reserves
Called up share capital
1,000
1,000
Profit and loss reserves
33,762
32,705
Total equity
34,762
33,705
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.
true
For the financial year ended 31 October 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
T
he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and signed by the director and authorised for issue on 16 February 2022
G White
Director
Company Registration No. 00673479
E.F.WHITE (MOTOR ENGINEERS) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2021
- 2 -
1
Accounting policies
Company information
E.F.White (Motor Engineers) Limited is a
private
company
limited by shares
incorporated in
England and Wales
.
The registered office is
39 Coombe Gardens, New Malden, Surrey, KT3 4AB.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in
sterling
, which is the functional currency of the company.
Monetary a
mounts
in these financial statements are
rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.
1.2
Tangible fixed assets
Tangible fixed assets
are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Freehold land and buildings
no depreciation
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and
is credited or charged to profit or loss
.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2021
2020
Number
Number
Total
1
1
E.F.WHITE (MOTOR ENGINEERS) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2021
- 3 -
3
Tangible fixed assets
Land and buildings
£
Cost
At 1 November 2020 and 31 October 2021
20,828
Depreciation and impairment
At 1 November 2020 and 31 October 2021
Carrying amount
At 31 October 2021
20,828
At 31 October 2020
20,828
4
Creditors: amounts falling due within one year
2021
2020
£
£
Corporation tax
3,766
3,351
Other creditors
672
672
4,438
4,023
5
Creditors: amounts falling due after more than one year
2021
2020
£
£
Other creditors
1,526
6,053