WALSH TAYLOR BUSINESS & CORPORATE RECOVERY SPECIALISTS LIMITED

WALSH TAYLOR BUSINESS & CORPORATE RECOVERY SPECIALISTS LIMITED

WALSH TAYLOR BUSINESS & CORPORATE RECOVERY SPECIALISTS LIMITED - Company Information

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WALSH TAYLOR BUSINESS & CORPORATE RECOVERY SPECIALISTS LIMITED

Company Registration Number:
06703272 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2020

Period of accounts

Start date: 01 January 2020

End date: 31 December 2020

WALSH TAYLOR BUSINESS & CORPORATE RECOVERY SPECIALISTS LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2020

Balance sheet
Notes

WALSH TAYLOR BUSINESS & CORPORATE RECOVERY SPECIALISTS LIMITED

Balance sheet

As at 31 December 2020


Notes
2020
2019


£
£
Fixed assets
Tangible assets: 3 48,913 65,217
Total fixed assets: 48,913 65,217
Current assets
Stocks: 0 22,300
Debtors:   436,394 30,272
Cash at bank and in hand: 112,846 221,077
Total current assets: 549,240 273,649
Creditors: amounts falling due within one year:   (167,906) (205,773)
Net current assets (liabilities): 381,334 67,876
Total assets less current liabilities: 430,247 133,093
Total net assets (liabilities): 430,247 133,093
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 430,245 133,091
Shareholders funds: 430,247 133,093

The notes form part of these financial statements

WALSH TAYLOR BUSINESS & CORPORATE RECOVERY SPECIALISTS LIMITED

Balance sheet statements

For the year ending 31 December 2020 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 10 March 2021
and signed on behalf of the board by:

Name: M L Carter
Status: Director

The notes form part of these financial statements

WALSH TAYLOR BUSINESS & CORPORATE RECOVERY SPECIALISTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2020

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 measured ta the fair value of the consdieration received or receivable excluding value added tax.

Tangible fixed assets and depreciation policy

Depreciation is provided at 25% on a reducing balance basis, or 10% on cost in order to write off each asset over its estimated useful life.

WALSH TAYLOR BUSINESS & CORPORATE RECOVERY SPECIALISTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2020

2. Employees

2020 2019
Average number of employees during the period 5 12

WALSH TAYLOR BUSINESS & CORPORATE RECOVERY SPECIALISTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2020

3. Tangible Assets

Total
Cost £
At 01 January 2020 161,448
At 31 December 2020 161,448
Depreciation
At 01 January 2020 96,231
Charge for year 16,304
At 31 December 2020 112,535
Net book value
At 31 December 2020 48,913
At 31 December 2019 65,217