Company Registration No. 3245167 (England and Wales)
Welding Developments Limited
Unaudited accounts
for the year ended 31 March 2018
Welding Developments Limited
Unaudited accounts
Contents
Welding Developments Limited
Company Information
for the year ended 31 March 2018
Directors
Geoff Hirons
Christopher Rogers
Company Number
3245167 (England and Wales)
Registered Office
1a Boulogne Road
Croydon
Surrey
CR0 2QT
Accountants
Blythe & Co
41 Oldfields Road
Sutton
Surrey
SM1 2NB
Welding Developments Limited
Statement of financial position
as at
31 March 2018
Cash at bank and in hand
11,256
14,356
Creditors: amounts falling due within one year
(11,916)
(8,517)
Net current assets
21,045
34,394
Called up share capital
90
90
Profit and loss account
20,955
34,304
Shareholders' funds
21,045
34,394
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 8 November 2018.
Geoff Hirons
Director
Company Registration No. 3245167
Welding Developments Limited
Notes to the Accounts
for the year ended 31 March 2018
Welding Developments Limited is a private company, limited by shares, registered in England and Wales, registration number 3245167. The registered office is 1a Boulogne Road, Croydon, Surrey, CR0 2QT.
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:
Plant & machinery
25% on cost
Fixtures & fittings
25% on cost
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 April 2017
6,732
300
7,032
At 31 March 2018
6,732
300
7,032
At 1 April 2017
6,732
300
7,032
At 31 March 2018
6,732
300
7,032
Finished goods
4,295
5,033
Welding Developments Limited
Notes to the Accounts
for the year ended 31 March 2018
Trade debtors
16,095
22,207
Other debtors
1,315
1,315
7
Creditors: amounts falling due within one year
2018
2017
Taxes and social security
1,112
(1,446)
Loans from directors
9,741
8,900
8
Share capital
2018
2017
Allotted, called up and fully paid:
90 Ordinary shares of £1 each
90
90
9
Average number of employees
During the year the average number of employees was 0 (2017: 0).