2023-01-01 07873509 2023-12-31 07873509 2023-01-01 2023-12-31 07873509 2022-12-31 07873509 2022-01-01 2022-12-31 07873509 uk-core:WithinOneYear 2022-12-31 07873509 uk-core:WithinOneYear 2023-12-31 07873509 uk-core:ShareCapital 2023-12-31 07873509 uk-core:ShareCapital 2022-12-31 07873509 uk-core:RetainedEarningsAccumulatedLosses 2023-12-31 07873509 uk-core:RetainedEarningsAccumulatedLosses 2022-12-31 07873509 uk-bus:Director1 2023-01-01 2023-12-31 07873509 uk-core:PlantMachinery 2023-01-01 2023-12-31 07873509 uk-core:CommercialMotorVehicles 2023-01-01 2023-12-31 07873509 uk-core:CommercialMotorVehicles 2022-12-31 07873509 uk-core:PlantMachinery 2022-12-31 07873509 uk-core:PlantMachinery 2023-12-31 07873509 uk-core:CommercialMotorVehicles 2023-12-31 iso4217:GBP xbrli:pure 07873509 uk-bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 07873509 uk-bus:FRS102 2023-01-01 2023-12-31 07873509 uk-bus:FilletedAccounts 2023-01-01 2023-12-31 07873509 uk-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31
Mike Webster & Son Ltd
Registered Number:07873509
For the year ended 31 December 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 31 December 2023
Mike Webster & Son Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
07873509
As at 31 December 2023
Mike Webster & Son Ltd
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
23,480
27,896
2
23,480
27,896
Current assets
Trade and other receivables
18,240
24,460
3
106,248
Cash and cash equivalents
48,994
73,454
124,488
Trade and other payables: amounts falling due within one
year
(152,371)
(96,891)
4
(27,883)
(23,437)
Net current liabilities
Total assets less current liabilities
43
13
43
Net assets
13
Capital and reserves
Called up share capital
3
3
Retained earnings
40
10
43
13
Shareholders' funds
For the year ended 31 December 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 December 2023 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their 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.
Mr Michael Webster Director
These financial statements were approved and authorised for issue by the Board on 07 May 2024 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 December 2023
Mike Webster & Son Ltd
Notes to the Financial Statements
Statutory Information
Mike Webster & Son Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration
number 07873509.
Registered address:
322 Broad Street
Crewe
Cheshire
CW1 4JH
The presentation currency is £ sterling.
1. Accounting policies
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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, 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
25 Reducing balance
25 Reducing balance
Motor vehicles
2. Property, plant and equipment
Total
Motor vehicles
Plant and
machinery
£
£
£
Cost or
valuation
At 01 January 2023
179,267
113,083
66,184
3,406
-
3,406
Additions
At 31 December 2023
69,590
113,083
182,673
Provision for depreciation and impairment
At 01 January 2023
151,371
94,963
56,408
Charge for year
7,822
4,530
3,292
At 31 December 2023
159,193
99,493
59,700
At 31 December 2023
Net book value
9,890
13,590
23,480
At 31 December 2022
9,776
18,120
27,896
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5
For the year ended 31 December 2023
Mike Webster & Son Ltd
Notes to the Financial Statements Continued
3. Trade and other receivables
2022
2023
£
£
Trade debtors
24,460
18,240
4. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Trade creditors
15,938
15,664
Taxation and social security
26,649
18,648
Accruals and deferred income
1,550
1,550
Directors' loan accounts
52,754
116,509
96,891
152,371
5. Average number of persons employed
During the year the average number of employees was 6 (2022 : 6)
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