Company Registration No. 01386111 (England and Wales)
Walkers of Ashbourne Limited
Unaudited accounts
for the year ended 31 March 2019
Walkers of Ashbourne Limited
Unaudited accounts
Contents
Walkers of Ashbourne Limited
Company Information
for the year ended 31 March 2019
Company Number
01386111 (England and Wales)
Registered Office
Moor End Garage
Bradley
Ashbourne
Derbyshire
DE6 1LQ
United Kingdom
Accountants
RLTP Limited
114 Wood Road
Derby
DE21 4LZ
Walkers of Ashbourne Limited
Statement of financial position
as at
31 March 2019
Tangible assets
500,151
585,920
Inventories
56,391
87,227
Cash at bank and in hand
147,851
206,540
Creditors: amounts falling due within one year
(941,333)
(951,715)
Net current liabilities
(468,297)
(440,310)
Total assets less current liabilities
31,854
145,610
Creditors: amounts falling due after more than one year
(62,001)
(155,635)
Net liabilities
(30,147)
(10,025)
Called up share capital
2
2
Profit and loss account
(30,149)
(10,027)
Shareholders' funds
(30,147)
(10,025)
For the year ending 31 March 2019 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 director acknowledges his 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 17 September 2019.
Mr Kevin Walker
Director
Company Registration No. 01386111
Walkers of Ashbourne Limited
Notes to the Accounts
for the year ended 31 March 2019
Walkers of Ashbourne Limited is a private company, limited by shares, registered in England and Wales, registration number 01386111. The registered office is Moor End Garage, Bradley, Ashbourne, Derbyshire, DE6 1LQ, United Kingdom.
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:
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Walkers of Ashbourne Limited
Notes to the Accounts
for the year ended 31 March 2019
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2018
207,381
765,070
35,711
1,008,162
Additions
21,500
13,750
23,715
58,965
Disposals
(5,295)
(95,950)
-
(101,245)
At 31 March 2019
223,586
682,870
59,426
965,882
At 1 April 2018
64,653
341,184
16,405
422,242
Charge for the year
15,912
77,974
5,556
99,442
On disposals
-
(55,953)
-
(55,953)
At 31 March 2019
80,565
363,205
21,961
465,731
At 31 March 2019
143,021
319,665
37,465
500,151
At 31 March 2018
142,728
423,886
19,306
585,920
Work in progress
42,190
71,695
Finished goods
14,201
15,532
Trade debtors
263,828
210,297
Accrued income and prepayments
4,966
7,341
7
Creditors: amounts falling due within one year
2019
2018
Bank loans and overdrafts
197,357
217,826
Obligations under finance leases and hire purchase contracts
36,524
47,684
Trade creditors
76,932
62,650
Taxes and social security
30,258
30,411
Other creditors
86,146
99,825
Loans from directors
513,116
492,319
Walkers of Ashbourne Limited
Notes to the Accounts
for the year ended 31 March 2019
8
Creditors: amounts falling due after more than one year
2019
2018
Obligations under finance leases and hire purchase contracts
36,968
-
9
Share capital
2019
2018
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
10
Average number of employees
During the year the average number of employees was 16 (2018: 17).