Company Registration No. 2949533 (England and Wales)
Westonhill Limited
Unaudited accounts
for the year ended 1 August 2017
Westonhill Limited
Unaudited accounts
Contents
Westonhill Limited
Company Information
for the year ended 1 August 2017
Directors
Mr G Kirk
Miss J Burdett
Company Number
2949533 (England and Wales)
Registered Office
The Vineyard
Bredwardine
Hereford
Westonhill Limited
Statement of financial position
as at
1 August 2017
Tangible assets
137,198
180,618
Inventories
14,000
14,000
Cash at bank and in hand
-
21,755
Creditors: amounts falling due within one year
(77,754)
(60,227)
Net current liabilities
(51,905)
(17,558)
Total assets less current liabilities
85,293
163,060
Creditors: amounts falling due after more than one year
(72,642)
(139,339)
Profit and loss account
12,551
23,621
Shareholders' funds
12,651
23,721
For the year ending 1 August 2017 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 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 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.
Approved by the Board on 8 February 2018.
Mr G Kirk
Director
Company Registration No. 2949533
Westonhill Limited
Notes to the Accounts
for the year ended 1 August 2017
Westonhill Limited is a private company, limited by shares, registered in England and Wales, registration number 2949533. The registered office is The Vineyard, Bredwardine, Hereford.
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.
These financial statements for the year ended 1 August 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 2 August 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Westonhill Limited
Notes to the Accounts
for the year ended 1 August 2017
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 2 August 2016
277,350
2,070
279,420
Disposals
(13,303)
-
(13,303)
At 1 August 2017
264,047
2,070
266,117
At 2 August 2016
97,255
1,547
98,802
Charge for the year
30,023
94
30,117
At 1 August 2017
127,278
1,641
128,919
At 1 August 2017
136,769
429
137,198
At 1 August 2016
180,095
523
180,618
Finished goods
14,000
14,000
Trade debtors
11,849
6,914
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Creditors: amounts falling due within one year
2017
2016
Obligations under finance leases and hire purchase contracts
20,146
26,391
Trade creditors
33,047
8,074
Taxes and social security
1,550
5,591
Other creditors
1,250
1,500
Loans from directors
21,761
18,671
8
Creditors: amounts falling due after more than one year
2017
2016
Obligations under finance leases and hire purchase contracts
72,642
64,179
9
Average number of employees
During the year the average number of employees was 0 (2016: 0).