Company Registration No. 04419401 (England and Wales)
TOWNEND PLANT & MACHINERY LIMITED
Unaudited accounts
for the year ended 30 April 2019
TOWNEND PLANT & MACHINERY LIMITED
Unaudited accounts
Contents
TOWNEND PLANT & MACHINERY LIMITED
Company Information
for the year ended 30 April 2019
Company Number
04419401 (England and Wales)
Registered Office
LOCKWOODS FARM
SCAPEGOAT HILL
HUDDERSFIELD
HD7 4PE
Accountants
Sara Armitage
Greystones Pike Law Road
Golcar
Huddersfield
HD7 4NL
TOWNEND PLANT & MACHINERY LIMITED
Statement of financial position
as at
30 April 2019
Tangible assets
420,035
432,080
Inventories
236,462
223,675
Creditors: amounts falling due within one year
(159,016)
(94,703)
Net current assets
230,849
204,606
Total assets less current liabilities
650,884
636,686
Creditors: amounts falling due after more than one year
(322,474)
(331,449)
Net assets
328,410
305,237
Called up share capital
2
2
Profit and loss account
328,408
305,235
Shareholders' funds
328,410
305,237
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 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.
Approved by the Board on 31 January 2020.
JOHN TOWNEND
Director
Company Registration No. 04419401
TOWNEND PLANT & MACHINERY LIMITED
Notes to the Accounts
for the year ended 30 April 2019
TOWNEND PLANT & MACHINERY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 04419401. The registered office is LOCKWOODS FARM, SCAPEGOAT HILL, HUDDERSFIELD, HD7 4PE.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
TOWNEND PLANT & MACHINERY LIMITED
Notes to the Accounts
for the year ended 30 April 2019
4
Tangible fixed assets
Land & buildings
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 May 2018
383,903
117,460
1,168
502,531
At 30 April 2019
383,903
117,460
1,168
502,531
At 1 May 2018
-
69,302
1,149
70,451
Charge for the year
-
12,040
5
12,045
At 30 April 2019
-
81,342
1,154
82,496
At 30 April 2019
383,903
36,118
14
420,035
At 30 April 2018
383,903
48,158
19
432,080
Finished goods
236,462
223,675
Trade debtors
153,403
75,634
7
Creditors: amounts falling due within one year
2019
2018
Bank loans and overdrafts
50,120
18,040
Trade creditors
95,484
12,983
Taxes and social security
(16,531)
31,919
Loans from directors
29,943
31,761
8
Creditors: amounts falling due after more than one year
2019
2018
Bank loans
322,474
331,449
9
Share capital
2019
2018
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
10
Average number of employees
During the year the average number of employees was 0 (2018: 0).