Company Registration No. 01386111 (England and Wales)
Walkers of Ashbourne Limited
Unaudited accounts
for the year ended 31 March 2021
Walkers of Ashbourne Limited
Unaudited accounts
Contents
Walkers of Ashbourne Limited
Company Information
for the year ended 31 March 2021
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 2021
Tangible assets
275,421
271,009
Cash at bank and in hand
172,347
148,028
Creditors: amounts falling due within one year
(351,512)
(607,752)
Net current liabilities
(114,344)
(345,039)
Total assets less current liabilities
161,077
(74,030)
Creditors: amounts falling due after more than one year
(50,000)
(5,081)
Net assets/(liabilities)
111,077
(79,111)
Called up share capital
200,000
2
Profit and loss account
(88,923)
(79,113)
Shareholders' funds
111,077
(79,111)
For the year ending 31 March 2021 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.
The financial statements were approved by the Board and authorised for issue on 2 July 2021 and were signed on its behalf by
Mr Kevin Walker
Director
Company Registration No. 01386111
Walkers of Ashbourne Limited
Notes to the Accounts
for the year ended 31 March 2021
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.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2020
153,796
429,809
59,426
643,031
Additions
-
70,180
-
70,180
Disposals
-
(85,764)
-
(85,764)
At 31 March 2021
153,796
414,225
59,426
627,447
At 1 April 2020
75,912
268,533
27,577
372,022
Charge for the year
5,401
32,560
4,776
42,737
On disposals
-
(62,733)
-
(62,733)
At 31 March 2021
81,313
238,360
32,353
352,026
At 31 March 2021
72,483
175,865
27,073
275,421
At 31 March 2020
77,884
161,276
31,849
271,009
Walkers of Ashbourne Limited
Notes to the Accounts
for the year ended 31 March 2021
5
Debtors: amounts falling due within one year
2021
2020
Trade debtors
58,150
89,176
Accrued income and prepayments
-
1,141
6
Creditors: amounts falling due within one year
2021
2020
Bank loans and overdrafts
-
56,823
Obligations under finance leases and hire purchase contracts
-
16,931
Trade creditors
11,308
28,150
Taxes and social security
6,490
8,690
Other creditors
63,718
68,167
Loans from directors
269,196
428,191
7
Creditors: amounts falling due after more than one year
2021
2020
Obligations under finance leases and hire purchase contracts
-
5,081
8
Share capital
2021
2020
Allotted, called up and fully paid:
- Ordinary shares of £1 each
-
2
2 Ordinary Shares of £100,000 each
200,000
-
Shares issued during the period:
2 Ordinary Shares of £100,000 each
200,000
9
Average number of employees
During the year the average number of employees was 5 (2020: 9).