EWI STORE LTD

Company Registration Number:
07665021 (England and Wales)

Unaudited statutory accounts for the year ended 30 June 2022

Period of accounts

Start date: 1 July 2021

End date: 30 June 2022

EWI STORE LTD

Contents of the Financial Statements

for the Period Ended 30 June 2022

Balance sheet
Additional notes
Balance sheet notes

EWI STORE LTD

Balance sheet

As at 30 June 2022

Notes 2022 2021


£

£
Fixed assets
Tangible assets: 3 310,469 265,904
Total fixed assets: 310,469 265,904
Current assets
Stocks: 4 1,286,539 535,685
Debtors: 5 936,322 599,666
Cash at bank and in hand: 885,586 1,003,996
Total current assets: 3,108,447 2,139,347
Creditors: amounts falling due within one year: 6 ( 2,448,269 ) ( 1,630,855 )
Net current assets (liabilities): 660,178 508,492
Total assets less current liabilities: 970,647 774,396
Creditors: amounts falling due after more than one year: 7 ( 425,834 ) ( 481,566 )
Total net assets (liabilities): 544,813 292,830
Capital and reserves
Called up share capital: 100 100
Other reserves: 80,000 80,000
Profit and loss account: 464,713 212,730
Total Shareholders' funds: 544,813 292,830

The notes form part of these financial statements

EWI STORE LTD

Balance sheet statements

For the year ending 30 June 2022 the company was entitled to exemption 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 13 September 2022
and signed on behalf of the board by:

Name: James Alcock
Status: Director

The notes form part of these financial statements

EWI STORE LTD

Notes to the Financial Statements

for the Period Ended 30 June 2022

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods andservices to customers.

    Tangible fixed assets depreciation policy

    Depreciation is provided so as to write the cost of the asset, less its residual value, over its useful life.Asset Class Depreciation Method and RatePlant & Machinery 25% straight lineFurniture & Fixtures 25% straight lineOffice Equipment 25% straight lineMotor Vehicles 25% straight line

    Valuation information and policy

    Stock is valued at a lower cost and net realisable value, after due regard for obsolete and slow-moving stocks. Net realisable value is based on selling price less anticipated costs to completion andselling costs.

    Other accounting policies

    Foreign CurrencyTransactions in foreign currencies are recorded at the exchange rate ruling at the date of thetransaction. Monetary assets and liabilities denominated in foreign currencies are retranslated at theclosing rates at the balance sheet date. All exchange differences are included in the profit and lossaccount.

EWI STORE LTD

Notes to the Financial Statements

for the Period Ended 30 June 2022

  • 2. Employees

    2022 2021
    Average number of employees during the period 46 33

EWI STORE LTD

Notes to the Financial Statements

for the Period Ended 30 June 2022

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 July 2021 198,092 17,704 15,376 34,732 265,904
Additions 97,928 48,241 25,905 24,000 196,074
Disposals ( 3,881 ) ( 3,881 )
Revaluations
Transfers 13,106 13,106 0
At 30 June 2022 279,033 79,051 41,281 58,732 458,097
Depreciation
At 1 July 2021 0 0 0 0 0
Charge for year 95,088 22,601 12,113 20,155 149,957
On disposals ( 2,329 ) ( 2,329 )
Other adjustments
At 30 June 2022 92,759 22,601 12,113 20,155 147,628
Net book value
At 30 June 2022 186,274 56,450 29,168 38,577 310,469
At 30 June 2021 198,092 17,704 15,376 34,732 265,904

EWI STORE LTD

Notes to the Financial Statements

for the Period Ended 30 June 2022

4. Stocks

2022 2021
£ £
Stocks 1,286,539 535,685
Total 1,286,539 535,685

EWI STORE LTD

Notes to the Financial Statements

for the Period Ended 30 June 2022

5. Debtors

2022 2021
£ £
Trade debtors 936,322 599,666
Total 936,322 599,666

EWI STORE LTD

Notes to the Financial Statements

for the Period Ended 30 June 2022

6. Creditors: amounts falling due within one year note

2022 2021
£ £
Trade creditors 1,921,409 1,246,413
Taxation and social security 499,919 384,442
Accruals and deferred income 26,941
Total 2,448,269 1,630,855

EWI STORE LTD

Notes to the Financial Statements

for the Period Ended 30 June 2022

7. Creditors: amounts falling due after more than one year note

2022 2021
£ £
Bank loans and overdrafts 258,665 299,167
Amounts due under finance leases and hire purchase contracts 167,169 170,049
Other creditors 12,350
Total 425,834 481,566