Company Registration No. 11713162 (England and Wales)
Albert Williams LTD
Unaudited accounts
for the year ended 31 December 2021
Albert Williams LTD
Unaudited accounts
Contents
Albert Williams LTD
Company Information
for the year ended 31 December 2021
Company Number
11713162 (England and Wales)
Registered Office
2 GLANRHYD
CAPEL HENDRE
AMMANFORD
CARMARTHENSHIRE
SA18 3SE
Wales
Accountants
DCP Accountancy Limited
45 Dol Y Dderwen
Bonllwyn
Ammanford
Carmarthenshire
SA18 2GE
Albert Williams LTD
Statement of financial position
as at 31 December 2021
Cash at bank and in hand
417
401
Creditors: amounts falling due within one year
(2,419)
(4,324)
Net current liabilities
(490)
(414)
Net (liabilities)/assets
(240)
86
Profit and loss account
(241)
85
Shareholders' funds
(240)
86
For the year ending 31 December 2021 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 director acknowledges his 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.
The financial statements were approved by the Board and authorised for issue on 31 August 2022 and were signed on its behalf by
Paul Williams
Director
Company Registration No. 11713162
Albert Williams LTD
Notes to the Accounts
for the year ended 31 December 2021
Albert Williams LTD is a private company, limited by shares, registered in England and Wales, registration number 11713162. The registered office is 2 GLANRHYD, CAPEL HENDRE, AMMANFORD, CARMARTHENSHIRE, SA18 3SE, Wales.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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.
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:
Plant & machinery
- 25% on cost
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Albert Williams LTD
Notes to the Accounts
for the year ended 31 December 2021
4
Tangible fixed assets
Motor vehicles
5
Debtors: amounts falling due within one year
2021
2020
6
Creditors: amounts falling due within one year
2021
2020
Taxes and social security
-
1,627
Other creditors
1,335
1,015
Loans from directors
334
1,217
7
Average number of employees
During the year the average number of employees was 0 (2020: 0).