WEB CHEMICAL COMPANY LTD - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 03861626 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31ST OCTOBER 2018

FOR

WEB CHEMICAL COMPANY LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

David Pearlman

SECRETARY:

Centrum Secretaries Limited

REGISTERED OFFICE:

6 Vivian Avenue

London

London

NW4 3YA

REGISTERED NUMBER:

03861626 (England and Wales)

ACCOUNTANTS:

Centrum Chartered Accountants

Elscot House

Arcadia Avenue

London

N3 2JU

CURRENT ASSETS

Debtors

4

5,500

3,650

Cash at bank

6,592

10,072

12,092

13,722

CREDITORS

Amounts falling due within one year

5

(12,279

)

(14,085

)

NET CURRENT LIABILITIES

(187

)

(363

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(187

)

(363

)

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(189

)

(365

)

SHAREHOLDERS' FUNDS

(187

)

(363

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st October 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st October 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 24th May 2019 and were signed by:

David Pearlman - Director

1.	STATUTORY INFORMATION

WEB CHEMICAL COMPANY LTD 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.

These accounts have been prepared on a going concern basis which assumes that the company will continue to

trade. The validity of this assumption is dependent on sufficient and continuing financial support being made

available by the company's ultimate owners. If the company were unable to continue to trade adjustments would

have to be made to reduce the value of assets to their realisable amount and to provide for any further liabilities

that may arise.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2017 - 1 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade debtors

2,500

2,000

Other debtors

3,000

1,650

5,500

3,650

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Taxation and social security

14

-

Other creditors

12,265

14,085

12,279

14,085