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REGISTERED NUMBER: 06215076 (England and Wales)















P W BALCHIN LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2018






P W BALCHIN LIMITED (REGISTERED NUMBER: 06215076)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


P W BALCHIN LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2018







DIRECTOR: P W Balchin





SECRETARY: Mrs A Balchin





REGISTERED OFFICE: 15 Warwick Road
Stratford-upon-Avon
Warwickshire
CV37 6YW





REGISTERED NUMBER: 06215076 (England and Wales)





ACCOUNTANTS: Murphy Salisbury Limited
Chartered Accountants
15 Warwick Road
Stratford upon Avon
Warwickshire
CV37 6YW

P W BALCHIN LIMITED (REGISTERED NUMBER: 06215076)

BALANCE SHEET
30 APRIL 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 8,697 11,409
8,697 11,409

CURRENT ASSETS
Stocks 450 450
Debtors 6 2,329 1,377
Cash at bank and in hand 36,018 30,127
38,797 31,954
CREDITORS
Amounts falling due within one year 7 38,519 38,379
NET CURRENT ASSETS/(LIABILITIES) 278 (6,425 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

8,975

4,984

PROVISIONS FOR LIABILITIES 1,262 1,676
NET ASSETS 7,713 3,308

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 7,613 3,208
SHAREHOLDERS' FUNDS 7,713 3,308

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.

P W BALCHIN LIMITED (REGISTERED NUMBER: 06215076)

BALANCE SHEET - continued
30 APRIL 2018


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 31 October 2018 and were signed by:





P W Balchin - Director


P W BALCHIN LIMITED (REGISTERED NUMBER: 06215076)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2018

1. STATUTORY INFORMATION

P W Balchin Limited 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2007, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost
less any accumulated amortisation and any accumulated impairment losses.

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 - various in accordance with the asset
Motor vehicles - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow
moving items.

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 balance sheet date.

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

P W BALCHIN LIMITED (REGISTERED NUMBER: 06215076)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2018

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2017 - 1 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 May 2017
and 30 April 2018 24,000
AMORTISATION
At 1 May 2017
and 30 April 2018 24,000
NET BOOK VALUE
At 30 April 2018 -
At 30 April 2017 -

5. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 May 2017
and 30 April 2018 7,526 20,500 28,026
DEPRECIATION
At 1 May 2017 6,117 10,500 16,617
Charge for year 212 2,500 2,712
At 30 April 2018 6,329 13,000 19,329
NET BOOK VALUE
At 30 April 2018 1,197 7,500 8,697
At 30 April 2017 1,409 10,000 11,409

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade debtors 1,825 919
Other debtors 504 458
2,329 1,377

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Taxation and social security 6,198 7,100
Other creditors 32,321 31,279
38,519 38,379