Registered Number
:
05742536
|
For the year ended 31 August 2018
England and Wales
Unaudited Financial Statements
For the year ended 31 August 2018
Weeshred Ltd
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
Weeshred Ltd
Statement of Financial Position
2017
2018
Property
,
plant and equipment
|
20,023
27,115
2
20,023
27,115
850
875
3
Trade and other receivables
|
71,076
73,188
4
9,136
Cash and cash equivalents
|
32,834
106,897
81,062
Trade and other payables
:
amounts falling due within one
|
year
|
(63,810)
(68,275)
5
17,252
38,622
Net current assets
Total assets less current liabilities
|
58,645
44,367
Trade and other payables
:
amounts falling due after more
|
than one year
|
(7,051)
-
6
58,645
Net assets
37,316
100
100
58,545
37,216
58,645
37,316
Shareholders' funds
For the year ended 31 August 2018 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 of its financial statements for the year ended 31 August 2018 in accordance with Section 476 of the Companies Act 2006
|
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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
.
|
In accordance with Section
444
of the Companies Act
2006
,
the Income Statement has not been delivered
.
|
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
|
These financial statements were approved and authorised for issue by the Board on 24 May 2019 and were signed by:
|
The notes form part of these financial statements
|
1 of 4
For the year ended 31 August 2018
Weeshred Ltd
Notes to the Financial Statements
Statutory Information
Weeshred Ltd is a private limited company
,
limited by shares
,
domiciled in England and Wales
,
registration
|
number
05742536
.
|
Unit 4, Croft Industrial Estate
Croft Lane
Bury
Lancashire
BL9 8QG
The presentation currency is £ sterling
.
|
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section
1
A 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 costs convention
|
as modified by the revaluation of certain assets
.
|
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
|
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
|
Plant and machinery
Computer equipment
Motor vehicles
Fixtures and fittings
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
|
Hire purchase and leasing commitments
The finance element of the rental payment is charged to the profit and loss account on a straight line basis.
2 of 4
For the year ended 31 August 2018
Weeshred Ltd
Notes to the Financial Statements Continued
2
.
Property
,
plant and equipment
|
Motor vehicles
81,090
827
1,786
29,670
48,807
278
278
-
-
-
-
-
(28,540)
-
(28,540)
1,130
1,786
1,105
52,828
48,807
Provision for depreciation and impairment
|
53,975
782
1,781
25,905
25,507
Charge for year
3,610
115
-
-
3,495
(24,780)
-
-
(24,780)
-
32,805
897
1,781
1,125
29,002
19,805
5
5
208
20,023
23,300
3,765
5
45
27,115
2017
2018
875
850
4
.
Trade and other receivables
|
2017
2018
72,172
26,726
1,016
44,350
71,076
73,188
5
.
Trade and other payables
:
amounts falling due within one year
|
2017
2018
5,635
16,684
Taxation and social security
|
38,841
11,976
23,799
35,150
68,275
63,810
3 of 4
For the year ended 31 August 2018
Weeshred Ltd
Notes to the Financial Statements Continued
6
.
Trade and other payables
:
amounts falling due after more than one year
|
2017
2018
-
7,051
7
.
Average number of persons employed
|
During the year the average number of employees was 8.
4 of 4