Registered Number
:
04579071
|
For the year ended 31 October 2018
England and Wales
Unaudited Financial Statements
For the year ended 31 October 2018
WESTLANDS SUPPLIES LTD
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
WESTLANDS SUPPLIES LTD
Statement of Financial Position
2017
2018
Property
,
plant and equipment
|
4,218
5,273
2
4,218
5,273
22,109
17,032
3
Trade and other receivables
|
10,203
9,163
4
-
Cash and cash equivalents
|
3,859
30,054
32,312
Trade and other payables
:
amounts falling due within one
|
year
|
(22,441)
(16,414)
5
9,871
13,640
Net current assets
Total assets less current liabilities
|
17,858
15,144
17,858
Net assets
15,144
1
1
17,857
15,143
17,858
15,144
Shareholders' funds
For the year ended 31 October 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 of its financial statements for the year ended 31 October 2018 in accordance with Section 476 of the Companies Act 2006
|
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
|
b
)
preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
|
each financial year and of its profit or loss for each financial year in accordance with the requirements of Section
|
394
and
395
and which otherwise comply with the requirements of the Companies Act
2006
relating to financial
|
statements
,
so far as applicable to the company
.
|
In accordance with Section
444
of the Companies Act
2006
,
the Income Statement has not been delivered
.
|
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
|
These financial statements were approved and authorised for issue by the Board on 26 July 2019 and were signed by:
|
The notes form part of these financial statements
|
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For the year ended 31 October 2018
WESTLANDS SUPPLIES LTD
Notes to the Financial Statements
Statutory Information
WESTLANDS SUPPLIES LTD is a private limited company
,
limited by shares
,
domiciled in England and Wales
,
|
registration number
04579071
.
|
128 WESTLANDS ROAD
HULL
EAST YORKSHIRE
HU5 5NU
The presentation currency is £ sterling
.
|
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section
1
A of Financial
|
Reporting Standard
102
'
The Financial Reporting Standard applicable in the UK and Republic of Ireland
'
and the
|
Companies Act
2006
.
The financial statements have been prepared under the historical costs convention as
|
modified by the revaluation of certain assets
.
|
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
|
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
|
Plant and machinery
Computer equipment
Motor vehicles
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
|
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
2 of 3
For the year ended 31 October 2018
WESTLANDS SUPPLIES LTD
Notes to the Financial Statements Continued
2
.
Property
,
plant and equipment
|
Motor vehicles
14,901
1,104
13,797
13,797
1,104
14,901
Provision for depreciation and impairment
|
9,628
917
8,711
Charge for year
1,055
38
1,017
10,683
955
9,728
4,069
149
4,218
5,086
187
5,273
2017
2018
17,032
22,109
4
.
Trade and other receivables
|
2017
2018
9,163
10,203
5
.
Trade and other payables
:
amounts falling due within one year
|
2017
2018
-
1,298
5,392
4,225
Taxation and social security
|
4,624
6,557
6,398
10,361
16,414
22,441
3 of 3