Registered Number:07873509 |
For the year ended 31 December 2023
England and Wales
Unaudited Financial Statements
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
Mike Webster & Son Ltd
Statement of Financial Position
2022
2023
Property, plant and equipment |
23,480
27,896
2
23,480
27,896
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
3
3
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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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. |
322 Broad Street
Crewe
Cheshire
CW1 4JH
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 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
Motor vehicles
2. Property, plant and equipment |
Motor vehicles
179,267
113,083
66,184
3,406
-
3,406
69,590
113,083
182,673
Provision for depreciation and impairment |
151,371
94,963
56,408
Charge for year
7,822
4,530
3,292
159,193
99,493
59,700
9,890
13,590
23,480
9,776
18,120
27,896
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For the year ended 31 December 2023
Mike Webster & Son Ltd
Notes to the Financial Statements Continued
3. Trade and other receivables |
2022
2023
24,460
18,240
4. Trade and other payables: amounts falling due within one year |
2022
2023
15,938
15,664
Taxation and social security |
26,649
18,648
Accruals and deferred income |
1,550
1,550
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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