Wyatt And Ackerman (Bristol) Ltd - Accounts to registrar (filleted) - small 18.2

Wyatt And Ackerman (Bristol) Ltd - Accounts to registrar (filleted) - small 18.2


PTP Accounts Productionv20.1.0.63904258874Board of Directors1.8.1831.7.1931.7.19falsetruefalsefalsefalsetruefalseOrdinary1.00000iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure042588742018-07-31042588742019-07-31042588742018-08-012019-07-31042588742017-07-31042588742017-08-012018-07-31042588742018-07-3104258874ns15:EnglandWales2018-08-012019-07-3104258874ns14:PoundSterling2018-08-012019-07-3104258874ns10:Director12018-08-012019-07-3104258874ns10:PrivateLimitedCompanyLtd2018-08-012019-07-3104258874ns10:SmallEntities2018-08-012019-07-3104258874ns10:AuditExemptWithAccountantsReport2018-08-012019-07-3104258874ns10:SmallCompaniesRegimeForDirectorsReport2018-08-012019-07-3104258874ns10:SmallCompaniesRegimeForAccounts2018-08-012019-07-3104258874ns10:FullAccounts2018-08-012019-07-310425887412018-08-012019-07-3104258874ns10:OrdinaryShareClass12018-08-012019-07-3104258874ns10:Director22018-08-012019-07-3104258874ns10:CompanySecretary12018-08-012019-07-3104258874ns10:RegisteredOffice2018-08-012019-07-3104258874ns5:CurrentFinancialInstruments2019-07-3104258874ns5:CurrentFinancialInstruments2018-07-3104258874ns5:ShareCapital2019-07-3104258874ns5:ShareCapital2018-07-3104258874ns5:RetainedEarningsAccumulatedLosses2019-07-3104258874ns5:RetainedEarningsAccumulatedLosses2018-07-3104258874ns5:IntangibleAssetsOtherThanGoodwill2018-08-012019-07-3104258874ns5:PlantMachinery2018-08-012019-07-3104258874ns5:MotorVehicles2018-08-012019-07-3104258874ns5:NetGoodwill2018-07-3104258874ns5:NetGoodwill2018-08-012019-07-3104258874ns5:NetGoodwill2019-07-3104258874ns5:NetGoodwill2018-07-3104258874ns5:PlantMachinery2018-07-3104258874ns5:MotorVehicles2018-07-3104258874ns5:PlantMachinery2019-07-3104258874ns5:MotorVehicles2019-07-3104258874ns5:PlantMachinery2018-07-3104258874ns5:MotorVehicles2018-07-3104258874ns5:CurrentFinancialInstrumentsns5:WithinOneYear2019-07-3104258874ns5:CurrentFinancialInstrumentsns5:WithinOneYear2018-07-3104258874ns5:WithinOneYear2019-07-3104258874ns5:WithinOneYear2018-07-3104258874ns5:BetweenOneFiveYears2019-07-3104258874ns5:BetweenOneFiveYears2018-07-3104258874ns5:AllPeriods2019-07-3104258874ns5:AllPeriods2018-07-3104258874ns10:OrdinaryShareClass12019-07-3104258874ns10:Director112018-07-3104258874ns10:Director112017-07-3104258874ns10:Director112018-08-012019-07-3104258874ns10:Director112017-08-012018-07-3104258874ns10:Director112019-07-3104258874ns10:Director112018-07-3104258874ns10:Director222018-07-3104258874ns10:Director222017-07-3104258874ns10:Director222018-08-012019-07-3104258874ns10:Director222017-08-012018-07-3104258874ns10:Director222019-07-3104258874ns10:Director222018-07-31
REGISTERED NUMBER: 04258874(England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2019

FOR

WYATT AND ACKERMAN (BRISTOL) LTD

WYATT AND ACKERMAN (BRISTOL) LTD (REGISTERED NUMBER: 04258874)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2019










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 8

WYATT AND ACKERMAN (BRISTOL) LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2019







DIRECTORS: M Lewis
Mrs J M Lewis





SECRETARY: Mrs J M Lewis





REGISTERED OFFICE: 30 North Street
Bedminster
Bristol
BS3 1HW





REGISTERED NUMBER: 04258874(England and Wales)





ACCOUNTANTS: PJE Chartered Accountants
2 Oakfield Road
Clifton
Bristol
BS8 2AL

WYATT AND ACKERMAN (BRISTOL) LTD (REGISTERED NUMBER: 04258874)

BALANCE SHEET
31 JULY 2019

31.7.19 31.7.18
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 5,700 8,550
Tangible assets 5 2,201 2,749
7,901 11,299

CURRENT ASSETS
Stocks 100,202 106,565
Debtors 6 237,063 316,622
Cash at bank 517,885 271,176
855,150 694,363
CREDITORS
Amounts falling due within one year 7 271,758 168,531
NET CURRENT ASSETS 583,392 525,832
TOTAL ASSETS LESS CURRENT
LIABILITIES

591,293

537,131

PROVISIONS FOR LIABILITIES 418 522
NET ASSETS 590,875 536,609

CAPITAL AND RESERVES
Called up share capital 9 2 2
Retained earnings 590,873 536,607
SHAREHOLDERS' FUNDS 590,875 536,609

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2019 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

WYATT AND ACKERMAN (BRISTOL) LTD (REGISTERED NUMBER: 04258874)

BALANCE SHEET - continued
31 JULY 2019


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 May 2020
and were signed on its behalf by:





M Lewis- Director


WYATT AND ACKERMAN (BRISTOL) LTD (REGISTERED NUMBER: 04258874)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2019


1. STATUTORY INFORMATION

Wyatt And Ackerman (Bristol) Ltd is a private company, limited by shares, registered in England and
Wales. The company's registered number and registered office address can be found on the Company
Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding
discounts, rebates, value added tax and other sales taxes.

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of
the goods have transferred to the buyer.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are
measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on cost and 10% on cost
Motor vehicles - 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for
obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement,
except to the extent that it relates to items recognised in other comprehensive income or directly in
equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been
enacted or substantively enacted by the balance sheet date.


WYATT AND ACKERMAN (BRISTOL) LTD (REGISTERED NUMBER: 04258874)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2019


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at
the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods
different from those in which they are recognised in financial statements. Deferred tax is measured
using tax rates and laws that have been enacted or substantively enacted by the year end and that are
expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable
that they will be recovered against the reversal of deferred tax liabilities or other future taxable
profits.

Leased assets
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period
of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the
company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12(2018 - 12) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 August 2018
and 31 July 2019 57,000
AMORTISATION
At 1 August 2018 48,450
Amortisation for year 2,850
At 31 July 2019 51,300
NET BOOK VALUE
At 31 July 2019 5,700
At 31 July 2018 8,550

Goodwill is being written off in equal annual instalments over its estimated economic life of 20 years.

WYATT AND ACKERMAN (BRISTOL) LTD (REGISTERED NUMBER: 04258874)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2019


5. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 August 2018
and 31 July 2019 12,399 34,767 47,166
DEPRECIATION
At 1 August 2018 9,650 34,767 44,417
Charge for year 548 - 548
At 31 July 2019 10,198 34,767 44,965
NET BOOK VALUE
At 31 July 2019 2,201 - 2,201
At 31 July 2018 2,749 - 2,749

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.19 31.7.18
£    £   
Trade debtors 234,606 194,117
Other debtors 2,457 2,539
Directors' loan accounts - 119,966
237,063 316,622

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.19 31.7.18
£    £   
Trade creditors 166,236 123,233
Tax 24,151 21,451
Social security and other taxes 798 1,446
VAT 14,271 14,994
Other creditors 444 1,628
Directors' loan accounts 59,820 -
Accrued expenses 6,038 5,779
271,758 168,531

WYATT AND ACKERMAN (BRISTOL) LTD (REGISTERED NUMBER: 04258874)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2019


8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.7.19 31.7.18
£    £   
Within one year 8,388 3,701
Between one and five years 12,575 800
20,963 4,501

9. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 31.7.19 31.7.18
value: £    £   
2 Ordinary £1 2 2

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 July 2019 and
31 July 2018:

31.7.19 31.7.18
£    £   
M Lewis
Balance outstanding at start of year 59,983 -
Amounts advanced - 59,983
Amounts repaid (89,893 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (29,910 ) 59,983

Mrs J M Lewis
Balance outstanding at start of year 59,983 -
Amounts advanced - 59,983
Amounts repaid (89,893 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (29,910 ) 59,983

The maximum loan outstanding in respect of each director during the year was £59,983 (2018 -
£59,983). Interest was charged on the loans at 2.5% on overdrawn balances. At the year end the above
credit balances of £29,910 were extant on each director's account with the company.

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
WYATT AND ACKERMAN (BRISTOL) LTD


The following reproduces the text of the report prepared for the directors in respect of the company's
annual unaudited financial statements. In accordance with the Companies Act 2006, the company is
only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain
other primary statements and the Report of the Directors are not required to be filed with the
Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your
approval the financial statements of Wyatt And Ackerman (Bristol) Ltd for the year ended 31 July 2019
which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes
from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Wyatt And Ackerman (Bristol) Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Wyatt And Ackerman (Bristol) Ltd and state those matters that we have agreed to state to the Board of Directors of Wyatt And Ackerman (Bristol) Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Wyatt And Ackerman (Bristol) Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Wyatt And Ackerman (Bristol) Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Wyatt And Ackerman (Bristol) Ltd. You consider that Wyatt And Ackerman (Bristol) Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Wyatt And Ackerman (Bristol) Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






PJE Chartered Accountants
2 Oakfield Road
Clifton
Bristol
BS8 2AL


30 May 2020