WRL Consultancy Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 04390671 (England and Wales)

WRL Consultancy Limited

Unaudited Financial Statements

for the Year Ended 31 March 2021

Page

Company information

1

Balance sheet

2

Notes to the financial statements

4

Director:

W R Law

Secretary:

Mrs P Law

Registered office:

52 Sanderling Road

Offerton

Stockport

Cheshire

SK2 5UD

Registered number:

04390671 (England and Wales)

Accountants:

Warr & Co Limited

Chartered Accountants

Mynshull House

78 Churchgate

Stockport

Cheshire

SK1 1YJ

Fixed assets

Tangible assets

4

31,505

29,564

Current assets

Stocks

1,054

1,254

Debtors

5

16,637

17,573

Cash at bank

5,374

10

23,065

18,837

Creditors

Amounts falling due within one year

6

21,739

25,454

Net current assets/(liabilities)

1,326

(6,617

)

Total assets less current liabilities

32,831

22,947

Creditors

Amounts falling due after more than one year

7

4,167

21,499

Net assets

28,664

1,448

Capital and reserves

Called up share capital

2

2

Retained earnings

28,662

1,446

Shareholders' funds

28,664

1,448

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2021 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 applicable to companies subject to the small companies regime.

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 and authorised for issue on 24 December 2021 and were signed by:

W R Law - Director

1.	Statutory information

WRL Consultancy 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 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding value added tax.

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 etc

-

33% on cost and 33% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3.	Employees and directors

The average number of employees during the year was 1 (2020 - 1 ) .

4.	Tangible fixed assets

Fixtures

and

fittings

£

Cost

At 1 April 2020

65,047

Additions

23,790

At 31 March 2021

88,837

Depreciation

At 1 April 2020

35,483

Charge for year

21,849

At 31 March 2021

57,332

Net book value

At 31 March 2021

31,505

At 31 March 2020

29,564

5.

Debtors: amounts falling due within one year

31.3.21

31.3.20

£

£

Trade debtors

10,734

-

Other debtors

5,903

17,573

16,637

17,573

6.

Creditors: amounts falling due within one year

31.3.21

31.3.20

£

£

Bank loans and overdrafts

15,833

504

Taxation and social security

3,106

-

Other creditors

2,800

24,950

21,739

25,454

7.

Creditors: amounts falling due after more than one year

31.3.21

31.3.20

£

£

Bank loans

4,167

-

Other creditors

-

21,499

4,167

21,499

8.	Director's advances, credits and guarantees

The following advances and credits to a director subsisted during the years ended 31 March 2021 and 31 March 2020:

31.3.21

31.3.20

£

£

W R Law

Balance outstanding at start of year

-

-

Amounts advanced

5,042

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

5,042

-

The loan is interest free and repayable on demand.