Company Registration No. 01649818 (England and Wales)
Wyedean Insurance Services Limited
accounts
for the year ended 30 April 2019
Wyedean Insurance Services Limited
accounts
Contents
Wyedean Insurance Services Limited
Company Information
for the year ended 30 April 2019
Directors
Mr Peter Sheppard
Mrs Amanda Sheppard
Company Number
01649818 (England and Wales)
Registered Office
WYEDEAN HOUSE
27 GLOUCESTER ROAD
ROSS-ON-WYE HEREFORDSHIRE
HR9 5LE
Wyedean Insurance Services Limited
Statement of financial position
as at
30 April 2019
Tangible assets
208,440
225,153
Investments
24,000
24,000
Cash at bank and in hand
852,936
1,235,775
Creditors: amounts falling due within one year
(919,409)
(1,237,977)
Net current assets
15,823
101,862
Total assets less current liabilities
248,263
351,015
Creditors: amounts falling due after more than one year
(25,539)
(25,539)
Net assets
222,724
325,476
Called up share capital
120
120
Profit and loss account
222,604
325,356
Shareholders' funds
222,724
325,476
For the year ending 30 April 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 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 23 October 2019.
Mr Peter Sheppard
Director
Company Registration No. 01649818
Wyedean Insurance Services Limited
Notes to the Accounts
for the year ended 30 April 2019
Wyedean Insurance Services Limited is a private company, limited by shares, registered in England and Wales, registration number 01649818. The registered office is WYEDEAN HOUSE, 27 GLOUCESTER ROAD, ROSS-ON-WYE HEREFORDSHIRE, HR9 5LE.
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:
Motor vehicles
25% Reducing balance
Computer equipment
25% Reducing balance
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 May 2018
322,487
504,826
827,313
Additions
74,146
12,567
86,713
Disposals
(113,964)
(365,529)
(479,493)
At 30 April 2019
282,669
151,864
434,533
At 1 May 2018
161,038
441,122
602,160
Charge for the year
50,411
19,067
69,478
On disposals
(80,016)
(365,529)
(445,545)
At 30 April 2019
131,433
94,660
226,093
At 30 April 2019
151,236
57,204
208,440
At 30 April 2018
161,449
63,704
225,153
Wyedean Insurance Services Limited
Notes to the Accounts
for the year ended 30 April 2019
5
Investments
Other investments
Valuation at 1 May 2018
24,000
Valuation at 30 April 2019
24,000
Other debtors
59,787
104,064
7
Creditors: amounts falling due within one year
2019
2018
Trade creditors
878,296
1,179,836
Taxes and social security
31,013
37,416
8
Creditors: amounts falling due after more than one year
2019
2018
Obligations under finance leases and hire purchase contracts
25,539
25,539
9
Share capital
2019
2018
Allotted, called up and fully paid:
120 Ordinary shares of £1 each
120
120
10
Average number of employees
During the year the average number of employees was 40 (2018: 45).