PHILIP MYERS WEB (NESTON) LIMITED

PHILIP MYERS WEB (NESTON) LIMITED

PHILIP MYERS WEB (NESTON) LIMITED - Company Information

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PHILIP MYERS WEB (NESTON) LIMITED

Company Registration Number:
05159642 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2021

Period of accounts

Start date: 01 April 2020

End date: 31 March 2021

PHILIP MYERS WEB (NESTON) LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2021

Balance sheet
Notes

PHILIP MYERS WEB (NESTON) LIMITED

Balance sheet

As at 31 March 2021


Notes
2021
2020


£
£
Fixed assets
Tangible assets: 3 1,506,911 1,590,618
Total fixed assets: 1,506,911 1,590,618
Current assets
Stocks: 244,415 444,300
Debtors:   2,470,267 2,421,368
Cash at bank and in hand: 399,384 95,149
Total current assets: 3,114,066 2,960,817
Creditors: amounts falling due within one year:   (3,570,627) (3,987,925)
Net current assets (liabilities): (456,561) (1,027,108)
Total assets less current liabilities: 1,050,350 563,510
Creditors: amounts falling due after more than one year:   (608,271) (643,586)
Provision for liabilities: (169,625) (169,625)
Total net assets (liabilities): 272,454 (249,701)
Capital and reserves
Called up share capital: 200,004 200,004
Profit and loss account: 72,450 (449,705)
Shareholders funds: 272,454 (249,701)

The notes form part of these financial statements

PHILIP MYERS WEB (NESTON) LIMITED

Balance sheet statements

For the year ending 31 March 2021 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 23 December 2021
and signed on behalf of the board by:

Name: Mr G M Glynn
Status: Director

The notes form part of these financial statements

PHILIP MYERS WEB (NESTON) LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2021

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

PHILIP MYERS WEB (NESTON) LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2021

2. Employees

2021 2020
Average number of employees during the period 47 57

PHILIP MYERS WEB (NESTON) LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2021

3. Tangible Assets

Total
Cost £
At 01 April 2020 2,658,956
Additions 62,064
At 31 March 2021 2,721,020
Depreciation
At 01 April 2020 1,068,338
Charge for year 145,771
At 31 March 2021 1,214,109
Net book value
At 31 March 2021 1,506,911
At 31 March 2020 1,590,618