Company Registration No. 04419401 (England and Wales)
TOWNEND PLANT & MACHINERY LIMITED
Unaudited accounts
for the year ended 30 April 2022
TOWNEND PLANT & MACHINERY LIMITED
Unaudited accounts
Contents
TOWNEND PLANT & MACHINERY LIMITED
Company Information
for the year ended 30 April 2022
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 2022
Tangible assets
399,147
404,227
Inventories
365,200
326,910
Cash at bank and in hand
49,104
-
Creditors: amounts falling due within one year
(299,551)
(399,570)
Net current assets
399,200
367,434
Total assets less current liabilities
798,347
771,661
Creditors: amounts falling due after more than one year
(329,954)
(353,070)
Net assets
468,393
418,591
Called up share capital
2
2
Profit and loss account
468,391
418,589
Shareholders' funds
468,393
418,591
For the year ending 30 April 2022 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.
The financial statements were approved by the Board and authorised for issue on 22 November 2022 and were signed on its behalf by
JOHN TOWNEND
Director
Company Registration No. 04419401
TOWNEND PLANT & MACHINERY LIMITED
Notes to the Accounts
for the year ended 30 April 2022
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:
4
Tangible fixed assets
Land & buildings
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 May 2021
383,903
117,460
1,168
502,531
At 30 April 2022
383,903
117,460
1,168
502,531
At 1 May 2021
-
97,145
1,159
98,304
Charge for the year
-
5,078
2
5,080
At 30 April 2022
-
102,223
1,161
103,384
At 30 April 2022
383,903
15,237
7
399,147
At 30 April 2021
383,903
20,315
9
404,227
TOWNEND PLANT & MACHINERY LIMITED
Notes to the Accounts
for the year ended 30 April 2022
Amounts falling due within one year
Trade debtors
284,447
440,094
6
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
19,600
17,895
Trade creditors
149,689
162,300
Taxes and social security
58,376
154,902
Loans from directors
65,405
61,453
7
Creditors: amounts falling due after more than one year
2022
2021
Bank loans
329,954
353,070
8
Share capital
2022
2021
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
9
Average number of employees
During the year the average number of employees was 0 (2021: 0).