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REGISTERED NUMBER: 01408074 (England and Wales)








FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2023

FOR

WEBBER & ETCHES LIMITED

WEBBER & ETCHES LIMITED (REGISTERED NUMBER: 01408074)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 8

WEBBER & ETCHES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2023







DIRECTORS: Mrs S D Etches
D J Etches





SECRETARY: Mrs S D Etches





REGISTERED OFFICE: Ashfield
Kimmeridge
Wareham
Dorset
BH20 5PE





REGISTERED NUMBER: 01408074 (England and Wales)





ACCOUNTANTS: Carter & Coley
Chartered Accountants
3 Durrant Road
Bournemouth
Dorset
BH2 6NE

WEBBER & ETCHES LIMITED (REGISTERED NUMBER: 01408074)

BALANCE SHEET
30 APRIL 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,730 2,475

CURRENT ASSETS
Stocks 5 320 280
Debtors 6 15,057 1,029
Cash at bank 59,918 88,558
75,295 89,867
CREDITORS
Amounts falling due within one year 7 22,799 34,416
NET CURRENT ASSETS 52,496 55,451
TOTAL ASSETS LESS CURRENT
LIABILITIES

54,226

57,926

PROVISIONS FOR LIABILITIES 8 329 470
NET ASSETS 53,897 57,456

CAPITAL AND RESERVES
Called up share capital 9 4 4
Retained earnings 10 53,893 57,452
SHAREHOLDERS' FUNDS 53,897 57,456

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2023 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.

WEBBER & ETCHES LIMITED (REGISTERED NUMBER: 01408074)

BALANCE SHEET - continued
30 APRIL 2023


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 30 June 2023 and were signed on its behalf by:





D J Etches - Director


WEBBER & ETCHES LIMITED (REGISTERED NUMBER: 01408074)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023


1. STATUTORY INFORMATION

Webber & Etches 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
The turnover shown in the profit and loss account represents amounts invoiced during the year, adjusted for contracts in progress. All turnover originated in the United Kingdom.

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 - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

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.


WEBBER & ETCHES LIMITED (REGISTERED NUMBER: 01408074)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2023


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.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 May 2022
and 30 April 2023 25,406 21,580 503 47,489
DEPRECIATION
At 1 May 2022 25,258 19,422 334 45,014
Charge for year 37 539 169 745
At 30 April 2023 25,295 19,961 503 45,759
NET BOOK VALUE
At 30 April 2023 111 1,619 - 1,730
At 30 April 2022 148 2,158 169 2,475

WEBBER & ETCHES LIMITED (REGISTERED NUMBER: 01408074)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2023


5. STOCKS
2023 2022
£    £   
Stocks 320 280

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 10,325 1,029
Amounts recoverable on contract 4,039 -
Corporation tax 693 -
15,057 1,029

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 2,575 10,105
Corporation tax - 4,142
Social security and other taxes 1,245 1,445
Pension - 144
VAT 2,276 3,203
Other creditors 8,822 10,497
Directors' current accounts 6,481 2,706
Accruals and deferred income 1,400 2,174
22,799 34,416

8. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 329 470

Deferred
tax
£   
Balance at 1 May 2022 470
Provided during year (141 )
Timing difference
Balance at 30 April 2023 329

WEBBER & ETCHES LIMITED (REGISTERED NUMBER: 01408074)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2023


9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
4 Ordinary £1 4 4

10. RESERVES
Retained
earnings
£   

At 1 May 2022 57,452
Deficit for the year (3,559 )
At 30 April 2023 53,893

11. RELATED PARTY DISCLOSURES

At the balance sheet date, the directors had made an interest free loan to the company of £6,481 (2022 - £2,765). The loan is repayable on demand.

12. ULTIMATE CONTROLLING PARTY

In the opinion of the directors no one person exercises overall control over the company.

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
WEBBER & ETCHES LIMITED


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Webber & Etches Limited for the year ended 30 April 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Webber & Etches Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Webber & Etches Limited and state those matters that we have agreed to state to the Board of Directors of Webber & Etches Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Webber & Etches Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Webber & Etches Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Webber & Etches Limited. You consider that Webber & Etches Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Webber & Etches Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Carter & Coley
Chartered Accountants
3 Durrant Road
Bournemouth
Dorset
BH2 6NE


30 June 2023