IRIS Accounts Production v22.2.0.402 10923509 Board of Directors Board of Directors 1.9.20 31.8.21 31.8.21 false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure109235092020-08-31109235092021-08-31109235092020-09-012021-08-31109235092019-08-31109235092019-09-012020-08-31109235092020-08-3110923509ns16:EnglandWales2020-09-012021-08-3110923509ns15:PoundSterling2020-09-012021-08-3110923509ns11:Director12020-09-012021-08-3110923509ns11:Director22020-09-012021-08-3110923509ns11:PrivateLimitedCompanyLtd2020-09-012021-08-3110923509ns11:SmallEntities2020-09-012021-08-3110923509ns11:AuditExempt-NoAccountantsReport2020-09-012021-08-3110923509ns11:SmallCompaniesRegimeForDirectorsReport2020-09-012021-08-3110923509ns11:SmallCompaniesRegimeForAccounts2020-09-012021-08-3110923509ns11:FullAccounts2020-09-012021-08-311092350912020-09-012021-08-3110923509ns11:OrdinaryShareClass12020-09-012021-08-3110923509ns11:RegisteredOffice2020-09-012021-08-3110923509ns6:CurrentFinancialInstruments2021-08-3110923509ns6:CurrentFinancialInstruments2020-08-3110923509ns6:ShareCapital2021-08-3110923509ns6:ShareCapital2020-08-3110923509ns6:RetainedEarningsAccumulatedLosses2021-08-3110923509ns6:RetainedEarningsAccumulatedLosses2020-08-3110923509ns6:NetGoodwill2020-09-012021-08-3110923509ns6:IntangibleAssetsOtherThanGoodwill2020-09-012021-08-3110923509ns6:PlantMachinery2020-09-012021-08-3110923509ns6:MotorVehicles2020-09-012021-08-3110923509ns6:NetGoodwill2020-08-3110923509ns6:NetGoodwill2021-08-3110923509ns6:NetGoodwill2020-08-3110923509ns6:PlantMachinery2020-08-3110923509ns6:MotorVehicles2020-08-3110923509ns6:PlantMachinery2021-08-3110923509ns6:MotorVehicles2021-08-3110923509ns6:PlantMachinery2020-08-3110923509ns6:MotorVehicles2020-08-3110923509ns6:CurrentFinancialInstrumentsns6:WithinOneYear2021-08-3110923509ns6:CurrentFinancialInstrumentsns6:WithinOneYear2020-08-3110923509ns11:OrdinaryShareClass12021-08-31
REGISTERED NUMBER: 10923509 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 August 2021

for

Winkfield Solid Fuel Limited

Winkfield Solid Fuel Limited (Registered number: 10923509)






Contents of the Financial Statements
for the Year Ended 31 August 2021




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Winkfield Solid Fuel Limited

Company Information
for the Year Ended 31 August 2021







Directors: Mrs E P Winkfield
A Winkfield





Registered office: Rockwood Farm
Gowland Lane
Cloughton
Scarborough
North Yorkshire
YO13 0DU





Registered number: 10923509 (England and Wales)






Winkfield Solid Fuel Limited (Registered number: 10923509)

Balance Sheet
31 August 2021

2021 2020
Notes £    £    £    £   
Fixed assets
Intangible assets 4 - 12,806
Tangible assets 5 56,704 67,304
56,704 80,110

Current assets
Stocks 79,500 94,557
Debtors 6 25,472 55,651
Cash at bank 231,423 175,310
336,395 325,518
Creditors
Amounts falling due within one year 7 259,105 298,387
Net current assets 77,290 27,131
Total assets less current liabilities 133,994 107,241

Capital and reserves
Called up share capital 8 2 2
Retained earnings 133,992 107,239
Shareholders' funds 133,994 107,241

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2021 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Winkfield Solid Fuel Limited (Registered number: 10923509)

Balance Sheet - continued
31 August 2021


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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

The financial statements were approved by the Board of Directors and authorised for issue on 29 August 2022 and were signed on its behalf by:




A Winkfield - Director



Mrs E P Winkfield - Director


Winkfield Solid Fuel Limited (Registered number: 10923509)

Notes to the Financial Statements
for the Year Ended 31 August 2021

1. Statutory information

Winkfield Solid Fuel 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" 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 2017, is being amortised evenly over its estimated useful life of four 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 - 15% on reducing balance
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.


Winkfield Solid Fuel Limited (Registered number: 10923509)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2021

2. Accounting policies - continued
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.

3. Employees and directors

The average number of employees during the year was 5 (2020 - 5 ) .

4. Intangible fixed assets
Goodwill
£   
Cost
At 1 September 2020
and 31 August 2021 51,225
Amortisation
At 1 September 2020 38,419
Amortisation for year 12,806
At 31 August 2021 51,225
Net book value
At 31 August 2021 -
At 31 August 2020 12,806

Winkfield Solid Fuel Limited (Registered number: 10923509)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2021

5. Tangible fixed assets
Plant and Motor
machinery vehicles Totals
£    £    £   
Cost
At 1 September 2020
and 31 August 2021 82,938 11,264 94,202
Depreciation
At 1 September 2020 20,620 6,278 26,898
Charge for year 9,350 1,250 10,600
At 31 August 2021 29,970 7,528 37,498
Net book value
At 31 August 2021 52,968 3,736 56,704
At 31 August 2020 62,318 4,986 67,304

6. Debtors: amounts falling due within one year
2021 2020
£    £   
Trade debtors 17,145 29,901
Other debtors 8,327 25,750
25,472 55,651

7. Creditors: amounts falling due within one year
2021 2020
£    £   
Trade creditors 109,092 163,230
Taxation and social security 31,323 34,429
Other creditors 118,690 100,728
259,105 298,387

8. Called up share capital


Allotted, issued and fully paid:
Number: Class: Nominal 2021 2020
value: £    £   
2 Ordinary £1 2 2