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REGISTERED NUMBER: 01248551 (England and Wales)















WARRINGTON CHAIN LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 APRIL 2023 TO 31 OCTOBER 2023






WARRINGTON CHAIN LIMITED (REGISTERED NUMBER: 01248551)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 APRIL 2023 TO 31 OCTOBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


WARRINGTON CHAIN LIMITED

COMPANY INFORMATION
FOR THE PERIOD 1 APRIL 2023 TO 31 OCTOBER 2023







DIRECTORS: D R Sargeant
G W Lindley





REGISTERED OFFICE: Howley Quay
Howley Lane
Warrington
Cheshire
WA1 2DZ





REGISTERED NUMBER: 01248551 (England and Wales)





ACCOUNTANTS: Clarke Nicklin LLP
Chartered Accountants
Clarke Nicklin House
Brooks Drive
Cheadle Royal Business Park
Cheadle
Cheshire
SK8 3TD

WARRINGTON CHAIN LIMITED (REGISTERED NUMBER: 01248551)

BALANCE SHEET
31 OCTOBER 2023

2023 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 6,915 8,834

CURRENT ASSETS
Stocks 4,200 3,500
Debtors 5 155,212 57,853
Cash at bank 5,168 9,594
164,580 70,947
CREDITORS
Amounts falling due within one year 6 151,236 53,694
NET CURRENT ASSETS 13,344 17,253
TOTAL ASSETS LESS CURRENT
LIABILITIES

20,259

26,087

CREDITORS
Amounts falling due after more than one
year

7

(38,049

)

(40,685

)

PROVISIONS FOR LIABILITIES (1,678 ) (1,678 )
NET LIABILITIES (19,468 ) (16,276 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (19,568 ) (16,376 )
(19,468 ) (16,276 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 October 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

WARRINGTON CHAIN LIMITED (REGISTERED NUMBER: 01248551)

BALANCE SHEET - continued
31 OCTOBER 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 January 2025 and were signed on its behalf by:





D R Sargeant - Director


WARRINGTON CHAIN LIMITED (REGISTERED NUMBER: 01248551)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 APRIL 2023 TO 31 OCTOBER 2023


1. STATUTORY INFORMATION

Warrington Chain Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 15% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

WARRINGTON CHAIN LIMITED (REGISTERED NUMBER: 01248551)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 APRIL 2023 TO 31 OCTOBER 2023


2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 5 (2023 - 4 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 April 2023
and 31 October 2023 8,047 4,698 23,739 10,773 47,257
DEPRECIATION
At 1 April 2023 7,131 4,633 17,791 8,868 38,423
Charge for period 137 10 1,487 285 1,919
At 31 October 2023 7,268 4,643 19,278 9,153 40,342
NET BOOK VALUE
At 31 October 2023 779 55 4,461 1,620 6,915
At 31 March 2023 916 65 5,948 1,905 8,834

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2023
£    £   
Trade debtors 107,620 46,934
Amounts owed by group undertakings 46,573 10,000
Prepayments and accrued income 1,019 919
155,212 57,853

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2023
£    £   
Trade creditors 70,587 28,674
Tax 2,366 2,366
Social security and other taxes 3,137 631
VAT 8,425 6,017
Other creditors 63,957 11,702
Accrued expenses 2,764 4,304
151,236 53,694

WARRINGTON CHAIN LIMITED (REGISTERED NUMBER: 01248551)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 APRIL 2023 TO 31 OCTOBER 2023


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2023
£    £   
Bank loans - 1-2 years 38,049 40,685

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is New-Tonne Crane & Engineering Limited by virtue of its ownership of its controlling shareholding in the company.