Company Registration No. 4936677 (England and Wales)
Walbridge Motor Company Limited
Unaudited accounts
for the year ended 31 October 2023
Walbridge Motor Company Limited
Unaudited accounts
Contents
Walbridge Motor Company Limited
Company Information
for the year ended 31 October 2023
Company Number
4936677 (England and Wales)
Registered Office
A42,ARENA BUSINESS CENTRE
9 NIMROD WAY
FERNDOWN
DORSET
BH21 7UH
UNITED KINGDOM
Accountants
William O'Neill
A35 Arena Business Centre
9 Nimrod Way
Wimborne
Dorset
BH21 7UH
Walbridge Motor Company Limited
Statement of financial position
as at 31 October 2023
Tangible assets
5,137
6,943
Inventories
59,712
136,354
Cash at bank and in hand
25,060
23,565
Creditors: amounts falling due within one year
(27,797)
(41,196)
Net current assets
56,975
125,447
Total assets less current liabilities
62,112
132,390
Creditors: amounts falling due after more than one year
-
(67,190)
Called up share capital
1
1
Profit and loss account
62,111
65,199
Shareholders' funds
62,112
65,200
For the year ending 31 October 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 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 July 2024 and were signed on its behalf by
M.WALBRIDGE
Director
Company Registration No. 4936677
Walbridge Motor Company Limited
Notes to the Accounts
for the year ended 31 October 2023
Walbridge Motor Company Limited is a private company, limited by shares, registered in England and Wales, registration number 4936677. The registered office is A42,ARENA BUSINESS CENTRE, 9 NIMROD WAY, FERNDOWN, DORSET , BH21 7UH, UNITED KINGDOM.
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:
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 November 2022
19,722
2,594
22,316
At 31 October 2023
19,722
2,594
22,316
At 1 November 2022
12,873
2,500
15,373
Charge for the year
1,712
94
1,806
At 31 October 2023
14,585
2,594
17,179
At 31 October 2023
5,137
-
5,137
At 31 October 2022
6,849
94
6,943
Walbridge Motor Company Limited
Notes to the Accounts
for the year ended 31 October 2023
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
16,514
2,570
Loans from directors
-
38,626
7
Creditors: amounts falling due after more than one year
2023
2022
Taxes and social security
-
24,332
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).