A & S WAKE LTD.

Company Registration Number:
05006951 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2018

Period of accounts

Start date: 01 February 2017

End date: 31 January 2018

Page 1

A & S WAKE LTD.

Contents of the Financial Statements

for the Period Ended 31 January 2018

Company Information - 3
Profit and Loss Account - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 8

Page 2

A & S WAKE LTD.

Company Information

for the Period Ended 31 January 2018




Director: Mr Andrew Wake
Registered office: Cloise Farm, Swaindrod Lane
Littleborough
Lancashire
OL15 0LE
Company Registration Number: 05006951 (England and Wales)

Page 3

A & S WAKE LTD.

Profit and Loss Account

for the Period Ended 31 January 2018


Notes
2018
£
2017
£
Turnover 360,812 341,484
Cost of sales (211,190) (199,052)
Gross Profit or (Loss) 149,622 142,432
Distribution Costs (0) (0)
Administrative Expenses (80,462) (76,543)
Other operating income 0 0
Operating Profit or (Loss) 69,160 65,889
Interest Receivable and Similar Income 1 3
Interest Payable and Similar Charges (103) (213)
Profit or (Loss) Before Tax 69,058 65,679
Tax on Profit (13,880) (14,020)
Profit or (Loss) for Period 55,178 51,659

The notes form part of these financial statements

Page 4

A & S WAKE LTD.

Balance sheet

As at 31 January 2018


Notes
2018
£
2017
£
Fixed assets
Intangible assets: 2 23,989 27,989
Tangible assets: 3 58,787 44,048
Total fixed assets: 82,776 72,037
Current assets
Stocks: 1,611 1,005
Debtors: 4 76,562 62,847
Cash at bank and in hand: 20,705 11,910
Total current assets: 98,878 75,762
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 5 ( 53,059 ) ( 51,148 )
Net current assets (liabilities): 45,819 24,614
Total assets less current liabilities: 128,595 96,651
Creditors: amounts falling due after more than one year: 6 ( 73,167 ) ( 96,401 )
Provision for liabilities: ( 0 ) ( 0 )
Accruals and deferred income: ( 0 ) ( 0 )
Total net assets (liabilities): 55,428 250

The notes form part of these financial statements

Page 5

A & S WAKE LTD.

Balance sheet continued

As at 31 January 2018


Notes
2018
£
2017
£
Capital and reserves
Called up share capital: 100 100
Revaluation reserve: 7 0 0
Profit and loss account: 55,328 150
Shareholders funds: 55,428 250

For the year ending 31 January 2018 the company was entitled to exemption 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.

This report was approved by the board of directors on 17 September 2018
And Signed On Behalf Of The Board By:

Name: Mr Andrew Wake
Status: Director

The notes form part of these financial statements

Page 6

A & S WAKE LTD.

Notes to the Financial Statements

for the Period Ended 31 January 2018

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Page 7

A & S WAKE LTD.

Notes to the Financial Statements

for the Period Ended 31 January 2018

2. Intangible assets

Goodwill Total
Cost £ £
At 01 February 2017 80,000 80,000
Additions 0 0
Disposals (0) (0)
Revaluations 0 0
Transfers 0 0
At 31 January 2018 80,000 80,000
Amortisation
Amortisation at 01 February 2017 52,011 52,011
Charge for year 4,000 4,000
On disposals (0) (0)
Other adjustments 0 0
Amortisation at 31 January 2018 56,011 56,011
Net book value
Net book value at 31 January 2018 23,989 23,989
Net book value at 31 January 2017 27,989 27,989

Page 8

A & S WAKE LTD.

Notes to the Financial Statements

for the Period Ended 31 January 2018

3. Tangible assets

Plant & machinery Fixtures & fittings Total
Cost £ £ £
At 01 February 2017 83,500 6,874 90,374
Additions 27,288 0 27,288
Disposals (0) (0) (0)
Revaluations 0 0 0
Transfers 0 0 0
At 31 January 2018 110,788 6,874 117,662
Depreciation
At 01 February 2017 41,276 5,050 46,326
Charge for year 12,093 456 12,549
On disposals (0) (0) (0)
Other adjustments 0 0 0
At 31 January 2018 53,369 5,506 58,875
Net book value
At 31 January 2018 57,419 1,368 58,787
At 31 January 2017 42,224 1,824 44,048

Page 9

A & S WAKE LTD.

Notes to the Financial Statements

for the Period Ended 31 January 2018

4. Debtors


2018
£
2017
£
Trade debtors 76,562 62,847
Prepayments and accrued income 0 0
Other debtors 0 0
Total 76,562 62,847
Debtors due after more than one year: 0 0

Page 10

A & S WAKE LTD.

Notes to the Financial Statements

for the Period Ended 31 January 2018

5.Creditors: amounts falling due within one year note


2018
£
2017
£
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 28,460 29,910
Taxation and social security 24,599 21,238
Accruals and deferred income 0 0
Total 53,059 51,148

Page 11

A & S WAKE LTD.

Notes to the Financial Statements

for the Period Ended 31 January 2018

6.Creditors: amounts falling due after more than one year


2018
£
2017
£
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Other creditors 73,167 96,401
Total 73,167 96,401

Page 12

A & S WAKE LTD.

Notes to the Financial Statements

for the Period Ended 31 January 2018

7. Revaluation reserve


2018
£
Balance at 01 February 2017 0
Surplus or deficit after revaluation 0
Balance at 31 January 2018 0

Page 13