Company Registration No. 07557209 (England and Wales)
Webb Mechanical Ltd
Unaudited accounts
for the year ended 31 March 2024
Webb Mechanical Ltd
Unaudited accounts
Contents
Webb Mechanical Ltd
Company Information
for the year ended 31 March 2024
Directors
David Webb
Tahira Webb
Company Number
07557209 (England and Wales)
Registered Office
208 East Ferry Road
Millwall
London
E14 3AY
GB
Accountants
A J Shah and Company
8 Pinner View
Harrow
Middlesex
HA1 4QA
Webb Mechanical Ltd
Statement of financial position
as at 31 March 2024
Tangible assets
3,331
4,010
Cash at bank and in hand
40,375
(20,176)
Creditors: amounts falling due within one year
(383,659)
(121,295)
Net current assets
156,940
207,897
Total assets less current liabilities
160,271
211,907
Creditors: amounts falling due after more than one year
(159,906)
(211,730)
Called up share capital
10
10
Profit and loss account
355
167
Shareholders' funds
365
177
For the year ending 31 March 2024 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 directors acknowledge their 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 of Directors and authorised for issue on 6 August 2024 and were signed on its behalf by
David Webb
Director
Company Registration No. 07557209
Webb Mechanical Ltd
Notes to the Accounts
for the year ended 31 March 2024
Webb Mechanical Ltd is a private company, limited by shares, registered in England and Wales, registration number 07557209. The registered office is 208 East Ferry Road, Millwall, London, E14 3AY, GB.
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:
Motor vehicles
20% on cost
Fixtures & fittings
10% on cost
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 April 2023
40,828
35,170
75,998
Disposals
(40,828)
-
(40,828)
At 31 March 2024
3,250
35,435
38,685
At 1 April 2023
40,828
31,160
71,988
Charge for the year
650
3,544
4,194
On disposals
(40,828)
-
(40,828)
At 31 March 2024
650
34,704
35,354
At 31 March 2024
2,600
731
3,331
At 31 March 2023
-
4,010
4,010
Webb Mechanical Ltd
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
Trade debtors
195,912
2,380
Amounts due from group undertakings etc.
230,885
322,044
Other debtors
16,013
16,013
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
52,174
47,362
Trade creditors
305,157
33,874
Taxes and social security
19,458
20,952
7
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
159,906
211,730
Amounts due to directors at the balance sheet date is £ NIL (2023: £ NIL). The balance arose as a series of small loans. During the period expenses were paid by the director on behalf of the business and were subsequently reimbursed.
The Ultimate Controlling Party is Herrcules HR Ltd (Co No 11903250).
10
Average number of employees
During the year the average number of employees was 5 (2023: 5).