Woodside (Berkshire) Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 10132152 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 April 2018

for

Woodside (Berkshire) Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTOR:

M C Etwell

REGISTERED OFFICE:

Barn Farm

Wokingham Road

Hurst

Reading

Berkshire

RG10 0RX

REGISTERED NUMBER:

10132152 (England and Wales)

ACCOUNTANTS:

EDMONDS ACCOUNTANCY LIMITED

Unit 11, Diddenham Bus Park,

Diddenham Court

Grazeley,

READING

Berkshire

RG7 1JQ

FIXED ASSETS

Tangible assets

4

2,801

1,374

CURRENT ASSETS

Debtors

5

27,932

9,563

Cash at bank

40,292

28,758

68,224

38,321

CREDITORS

Amounts falling due within one year

6

29,296

21,135

NET CURRENT ASSETS

38,928

17,186

TOTAL ASSETS LESS CURRENT LIABILITIES

41,729

18,560

PROVISIONS FOR LIABILITIES

550

275

NET ASSETS

41,179

18,285

CAPITAL AND RESERVES

Called up share capital

102

102

Retained earnings

41,077

18,183

41,179

18,285

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

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

The financial statements were approved by the director on 23 January 2019 and were signed by:

M C Etwell - Director

1.	STATUTORY INFORMATION

Woodside (Berkshire) 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" 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.

Revenue is recognised as the contractual activities progress.

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 etc

-

33% on cost

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

statement of financial position 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.

Hire purchase and leasing commitments

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

lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2017 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 May 2017

1,454

Additions

2,148

At 30 April 2018

3,602

DEPRECIATION

At 1 May 2017

80

Charge for year

721

At 30 April 2018

801

NET BOOK VALUE

At 30 April 2018

2,801

At 30 April 2017

1,374

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.18

30.4.17

£

£

Trade debtors

7,175

1,631

Other debtors

20,757

7,932

27,932

9,563

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.18

30.4.17

£

£

Trade creditors

792

2,957

Taxation and social security

28,384

18,148

Other creditors

120

30

29,296

21,135

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 30 April 2018 and the period

ended 30 April 2017:

30.4.18

30.4.17

£

£

M C Etwell

Balance outstanding at start of year

(30

)

-

Amounts advanced

108,191

-

Amounts repaid

(88,940

)

(30

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

19,221

(30

)

The director loan account has been repaid in cash within 9 months of the financial year end.