The Weston Biltong Company Ltd |
Registered Number:10182823 |
For the year ended 31 May 2023
England and Wales
Unaudited Financial Statements
For the year ended 31 May 2023
The Weston Biltong Company Ltd
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
The Weston Biltong Company Ltd
Statement of Financial Position
2022
2023
Property, plant and equipment |
6,880
8,322
2
6,880
8,322
7,500
3,500
3
Trade and other receivables |
34,825
58,052
4
3,574
Cash and cash equivalents |
603
62,155
45,899
Trade and other payables: amounts falling due within one |
year |
(20,868)
(55,382)
5
25,031
6,773
Net current assets
Total assets less current liabilities |
13,653
33,353
Trade and other payables: amounts falling due after more |
than one year |
(24,577)
(21,114)
6
(1,307)
(1,581)
Provisions for liabilities |
(8,768)
Net assets/liabilities
7,195
2
2
(8,770)
7,193
(8,768)
7,195
Shareholders' funds
For the year ended 31 May 2023 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 of its financial statements for the year ended 31 May 2023 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
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For the year ended 31 May 2023
The Weston Biltong Company Ltd
Statement of Financial Position Continued
Mr Mark Ryan Walker Director |
Mrs Sheryl Wanda Walker Director |
These financial statements were approved and authorised for issue by the Board on 16 February 2024 and were signed by: |
The notes form part of these financial statements |
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For the year ended 31 May 2023
The Weston Biltong Company Ltd
Notes to the Financial Statements
Statutory Information
The Weston Biltong Company Ltd is a private limited company, limited by shares, domiciled in England and Wales, |
registration number 10182823. |
10 Westmere Close
Weston
Crewe
Cheshire
CW2 5LT
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes. |
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and Machinery
Computer Equipment
Motor Vehicles
Furniture and Fittings
Inventories
Inventories are value at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. |
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For the year ended 31 May 2023
The Weston Biltong Company Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment |
17,124
831
2,115
5,018
9,160
5,018
2,115
831
17,124
9,160
Provision for depreciation and impairment |
8,802
589
761
3,374
4,078
Charge for year
1,442
79
271
329
763
10,244
668
1,032
3,703
4,841
4,319
1,315
1,083
163
6,880
5,082
1,644
1,354
242
8,322
2022
2023
3,500
7,500
4. Trade and other receivables |
2022
2023
5,014
4,513
53,038
30,312
34,825
58,052
5. Trade and other payables: amounts falling due within one year |
2022
2023
4,320
4,320
Taxation and social security |
-
4,789
51,062
11,759
55,382
20,868
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For the year ended 31 May 2023
The Weston Biltong Company Ltd
Notes to the Financial Statements Continued
6. Trade and other payables: amounts falling due after more than one year |
2022
2023
21,114
24,577
7. Average number of persons employed |
During the year the average number of employees was 5 (2022 : 5)
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