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REGISTERED NUMBER: 08982162 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2023

for

Warner Contracts Ltd

Warner Contracts Ltd (Registered number: 08982162)






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


Warner Contracts Ltd

Company Information
for the Year Ended 30 April 2023







DIRECTOR: R Perry





REGISTERED OFFICE: Hub3 Limited
Market Place
Crich
Matlock
Derbyshire
DE45DD





REGISTERED NUMBER: 08982162 (England and Wales)





ACCOUNTANTS: HUB3 LIMITED
Market Place
Crich
Matlock
Derbyshire
DE45DD

Warner Contracts Ltd (Registered number: 08982162)

Balance Sheet
30 April 2023

30.4.23 30.4.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 20,532 23,976

CURRENT ASSETS
Debtors 5 172,194 59,111
Cash at bank 224,604 311,737
396,798 370,848
CREDITORS
Amounts falling due within one year 6 156,214 213,482
NET CURRENT ASSETS 240,584 157,366
TOTAL ASSETS LESS CURRENT
LIABILITIES

261,116

181,342

PROVISIONS FOR LIABILITIES 3,901 4,555
NET ASSETS 257,215 176,787

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 257,115 176,687
257,215 176,787

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 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.

Warner Contracts Ltd (Registered number: 08982162)

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 November 2023 and were signed by:





C Perry - Director


Warner Contracts Ltd (Registered number: 08982162)

Notes to the Financial Statements
for the Year Ended 30 April 2023

1. STATUTORY INFORMATION

Warner Contracts Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on cost
Motor vehicles - 25% on reducing balance
Computer equipment - 20% on cost

Financial instruments
Financial assets

Basic financial assets, including trade and other receivables and cash and bank
balances, and are initially recognised at transaction price.
All cash in hand and bank balances relate to highly liquid deposits with a maturity under three months and carry no interest..

Financial liabilities

Basic financial liabilities, including trade and other payables are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.


Warner Contracts Ltd (Registered number: 08982162)

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.

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 3 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2022 34,313
Additions 3,033
At 30 April 2023 37,346
DEPRECIATION
At 1 May 2022 10,337
Charge for year 6,477
At 30 April 2023 16,814
NET BOOK VALUE
At 30 April 2023 20,532
At 30 April 2022 23,976

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.23 30.4.22
£    £   
Trade debtors 97,751 58,888
Other debtors 74,443 223
172,194 59,111

Warner Contracts Ltd (Registered number: 08982162)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.23 30.4.22
£    £   
Trade creditors 68,715 131,993
Taxation and social security 65,619 79,325
Other creditors 21,880 2,164
156,214 213,482