WILLCOTT ROAD LIMITED

WILLCOTT ROAD LIMITED

WILLCOTT ROAD LIMITED - Company Information

Print Friendly Version

WILLCOTT ROAD LIMITED

Company Registration Number:
10881500 (England and Wales)

Unaudited abridged accounts for the year ended 31 July 2018

Period of accounts

Start date: 25 July 2017

End date: 31 July 2018

WILLCOTT ROAD LIMITED

Contents of the Financial Statements

for the Period Ended 31 July 2018

Balance sheet
Notes

WILLCOTT ROAD LIMITED

Balance sheet

As at 31 July 2018


Notes
2018


£
Current assets
Stocks: 1,262,025
Cash at bank and in hand: 31,303
Total current assets: 1,293,328
Creditors: amounts falling due within one year: 3 (1,292,276)
Net current assets (liabilities): 1,052
Total assets less current liabilities: 1,052
Total net assets (liabilities): 1,052
Capital and reserves
Called up share capital: 2
Profit and loss account: 1,050
Shareholders funds: 1,052

The notes form part of these financial statements

WILLCOTT ROAD LIMITED

Balance sheet statements

For the year ending 31 July 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 04 April 2019
and signed on behalf of the board by:

Name: R Merritt-Blaiberg
Status: Director

The notes form part of these financial statements

WILLCOTT ROAD LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2018

1. Accounting policies

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

Turnover policy

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.When cash inflows are deferred and represent a financing arrangement, the fair value of the consideration is the present value of the future receipts. The difference between the fair value of the consideration and the nominal amount received is recognised as interest income.

Other accounting policies

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

WILLCOTT ROAD LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2018

2. Employees

2018
Average number of employees during the period 2

WILLCOTT ROAD LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2018

3. Creditors: amounts falling due within one year note

Taxation £246Other creditors £1,292,030