REGISTERED NUMBER: 07173702 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2017

FOR

ABFALLBEHALTER & CONTAINER WEBER UK

LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

C Weber

REGISTERED OFFICE:

Stanhope House

Mark Rake

Bromborough

Wirral

Merseyside

CH62 2DN

REGISTERED NUMBER:

07173702 (England and Wales)

AUDITORS:

PENNINGTON WILLIAMS

CHARTERED ACCOUNTANTS AND

STATUTORY AUDITOR

Stanhope House

Mark Rake

Bromborough

Merseyside

CH62 2DN

FIXED ASSETS

Tangible assets

4

793

1,063

CURRENT ASSETS

Stocks

331,009

307,641

Debtors

5

1,633,047

1,195,261

Cash at bank and in hand

1,195,627

1,121,859

3,159,683

2,624,761

CREDITORS

Amounts falling due within one year

6

2,486,297

2,188,223

NET CURRENT ASSETS

673,386

436,538

TOTAL ASSETS LESS CURRENT LIABILITIES

674,179

437,601

PROVISIONS FOR LIABILITIES

135

213

NET ASSETS

674,044

437,388

CAPITAL AND RESERVES

Called up share capital

8

20,000

20,000

Retained earnings

9

654,044

417,388

SHAREHOLDERS' FUNDS

674,044

437,388

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

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

The financial statements were approved by the director on 7 December 2017 and were signed by:

C Weber - Director

1.	STATUTORY INFORMATION

Abfallbehalter & Container Weber UK 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 the provisions of Section 1A "Small Entities" 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 cost convention.

These financial statements have been prepared in accordance with the provisions of Section 1A "Small

Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK

and Republic of Ireland" and the Companies Act 2006.

These financial statements for the year ended 31 March 2017 are the first financial statements that

comply with FRS 102 Section 1A for small entities. The date of transition is 1 April 2015.

The transition to FRS 102 Section 1A for small entities has resulted in no changes in accounting

policies to those used previously.

The financial statements have been prepared under the historical cost convention.

The presentation currency is £ sterling.

Turnover

Turnover is stated net of VAT and represents the total value of sales raised during the year. Invoices

are raised when the work is performed.

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 cost

Computer equipment

-

33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, handling and

labour costs in bringing items to their present location and condition.

Financial instruments

The following assets and liabilities are classified as financial instruments - trade debtors and trade

creditors.

Trade debtors and trade creditors are measured at the undiscounted amount of the cash or other

consideration expected to be paid or received.

Financial assets that are measured at amortised cost are assessed at the end of each reporting period

for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss

is recognised in the profit and loss account.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement,

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 year 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the

period of the lease.

Employee benefits

Short-term employee benefits, including holiday pay, are recognised as an expense in the Profit and

Loss Account and Retained Earnings in the period in which they are incurred.

The company operates a defined contribution scheme. The assets of the scheme are held separately

from those of the company in an independently administered fund. The pension costs charge

represents contributions payable for the period by the company to the fund.

Going concern

The director has a reasonable expectation that the company has adequate resources to continue in

operational existence for the foreseeable future. Thus he continues to adopt the going concern basis of

accounting in preparing the annual financial statements.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2016 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

£

£

COST

At 1 April 2016

1,788

1,179

2,967

Additions

33

113

146

At 31 March 2017

1,821

1,292

3,113

DEPRECIATION

At 1 April 2016

837

1,067

1,904

Charge for year

273

143

416

At 31 March 2017

1,110

1,210

2,320

NET BOOK VALUE

At 31 March 2017

711

82

793

At 31 March 2016

951

112

1,063

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

£

Trade debtors

1,610,664

1,129,235

Bad Debt Provision

(22,293

)

(25,093

)

Prepayments and accrued income

44,676

91,119

1,633,047

1,195,261

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

£

Payments on account

10,221

-

Trade creditors

1,951,684

1,794,619

Tax

114,301

50,895

Social security and other taxes

2,018

2,112

VAT

338,040

259,175

Other creditors

19,288

10,656

Accrued expenses

50,745

70,766

2,486,297

2,188,223

7.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.3.17

31.3.16

£

£

Within one year

6,134

3,951

Between one and five years

11,001

6,692

17,135

10,643

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.17

31.3.16

value:

£

£

20,000

Ordinary

£1

20,000

20,000

9.

RESERVES

Retained

earnings

£

At 1 April 2016

417,388

Profit for the year

453,414

Dividends

(216,758

)

At 31 March 2017

654,044

10.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

David Hunter FCA (Senior Statutory Auditor)

for and on behalf of PENNINGTON WILLIAMS

11.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is the parent company, Weber GmbH & Co KG, whose registered office

address is Bergische Strasse 10-14, Haan, Germany, D-42781.