Wiltshire Electrics Limited
|
Registered Number
:
08031271
|
For the year ended 30 April 2019
England and Wales
Unaudited Financial Statements
For the year ended 30 April 2019
Wiltshire Electrics Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
Wiltshire Electrics Limited
Statement of Financial Position
2018
2019
50,000
50,000
2
Property
,
plant and equipment
|
38,979
40,130
3
88,979
90,130
1,500
1,500
4
Trade and other receivables
|
40,876
90,400
5
67,799
Cash and cash equivalents
|
40,892
132,792
110,175
Trade and other payables
:
amounts falling due within one
|
year
|
(135,999)
(147,104)
6
(25,824)
(14,312)
Net current liabilities
Total assets less current liabilities
|
74,667
64,306
74,667
Net assets
64,306
200
200
63,499
63,499
10,968
607
74,667
64,306
Shareholders' funds
For the year ended 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 of its financial statements for the year ended 30 April 2019 in accordance with Section 476 of the Companies Act 2006
|
The directors acknowledge their 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 30 January 2020 and were signed by:
|
The notes form part of these financial statements
|
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For the year ended 30 April 2019
Wiltshire Electrics Limited
Notes to the Financial Statements
Statutory Information
Wiltshire Electrics Limited is a private limited company
,
limited by shares
,
domiciled in England and Wales
,
|
registration number
08031271
.
|
2 Cheltenham Villas
Bath Road
Devizes
Wiltshire
SN10 1PW
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
Motor vehicles
2
.
Intangible fixed assets
|
Goodwill
50,000
50,000
50,000
50,000
2 of 4
For the year ended 30 April 2019
Wiltshire Electrics Limited
Notes to the Financial Statements Continued
3
.
Property
,
plant and equipment
|
Motor vehicles
81,822
71,312
10,510
11,842
11,395
447
10,957
82,707
93,664
Provision for depreciation and impairment
|
41,692
34,899
6,793
Charge for year
12,993
11,952
1,041
54,685
46,851
7,834
3,123
35,856
38,979
3,717
36,413
40,130
2018
2019
1,500
1,500
5
.
Trade and other receivables
|
2018
2019
85,259
37,808
5,141
3,068
40,876
90,400
The debtors above include the following amounts falling due after more than one year
:
|
5,141
3,068
3 of 4
For the year ended 30 April 2019
Wiltshire Electrics Limited
Notes to the Financial Statements Continued
6
.
Trade and other payables
:
amounts falling due within one year
|
2018
2019
20,456
23,843
41,344
41,089
Taxation and social security
|
63,076
45,236
Accruals and deferred income
|
1,500
1,500
Directors
'
loan accounts
|
20,728
24,331
147,104
135,999
7
.
Average number of persons employed
|
During the year the average number of employees was 7 (2018 : 7)
4 of 4