Accounts filed on 30-06-2017


ACCOUNTS
FOR THE YEAR ENDED 30/06/2017





DIRECTORS
Simon William James WELHAM



SECRETARY
Sandra Yvonne WELHAM


REGISTERED OFFICE
156 London Road
Sevenoaks
Kent
TN13 1DJ


COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 03067814



ACCOUNTANTS
Southworth and Co Ltd
Chartered Accountants
Treasures
Four Elms
Edenbridge
KENT
TN8 6NE


ACCOUNTS
FOR THEYEARENDED30/06/2017



CONTENTS



		Page

Directors' Report		-

Accountants' Report		-

Statement Of Comprehensive Income		-

Balance Sheet		3

Notes To The Accounts		4


The following do not form part of the statutory financial statements:

Trading And Profit And Loss Account		-

Profit And Loss Account Summaries		-


BALANCE SHEET AT 30/06/2017

			2017		2016
	Notes		£		£

FIXED ASSETS
Tangible assets	2		143,340		167,672

CURRENT ASSETS
Stock		4,819		5,681
Debtors	4	87,479		81,647
Cash at bank and in hand		376,552		434,908
		468,850		522,236
CREDITORS: Amounts falling due within one year	5	128,571		111,902
NET CURRENT ASSETS			340,279		410,334
TOTAL ASSETS LESS CURRENT LIABILITIES			483,619		578,006


PROVISIONS FOR LIABILITIES AND CHARGES	7		57,903		12,548

NET ASSETS			425,716		565,458

CAPITAL AND RESERVES

Called up share capital	8		1,000		1,000
Profit and loss account			424,716		564,458
SHAREHOLDERS' FUNDS			425,716		565,458

For the year ending 30/06/2017 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.

Approved by the board on 22/03/2018 and signed on their behalf by



.............................
Simon William James WELHAM
Director

1. ACCOUNTING POLICIES




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .




1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Long Leasehold Properties		reducing balance 10%
Plant and Machinery		reducing balance 15%
Commercial Vehicles		reducing balance 25%




1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.




4. DEBTORS	2017	2016
	£	£
Amounts falling due within one year
Trade debtors	83,647	66,832
Prepayments	3,832	14,815
	87,479	81,647




5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2017	2016
	£	£
UK corporation tax	38,903	39,706
VAT	1,779	-
PAYE control	13,036	9,981
Trade creditors	41,939	38,568
Accruals	32,914	23,647
	128,571	111,902




8. SHARE CAPITAL	2017	2016
	£	£
Allotted, issued and fully paid:
1000 Ordinary shares of £1 each	1000	1000
	1,000	1,000




9. RELATED PARTY TRANSACTIONS

The controlling party is S W J & S Y Welham by virtue of their ownership of 100% of the issued ordinary share capital in the company. They received dividends totalling £230,000.