What Goes On Limited - Accounts to registrar (filleted) - small 18.2

What Goes On Limited - Accounts to registrar (filleted) - small 18.2


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REGISTERED NUMBER: 06398857(England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2018

FOR

WHAT GOES ON LIMITED

WHAT GOES ON LIMITED (REGISTERED NUMBER: 06398857)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2018










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


WHAT GOES ON LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2018







DIRECTOR: S J Walker





REGISTERED OFFICE: Suites 12-14
3rd Floor Vantage Point
New England Road
Brighton
East Sussex
BN1 4GW





BUSINESS ADDRESS: 8 Grosvenor Square
Sale
M33 6QU





REGISTERED NUMBER: 06398857(England and Wales)





ACCOUNTANT: Will Taylor Limited
Suites 12-14
3rd Floor, Vantage Point
New England Road
Brighton
East Sussex
BN1 4GW

WHAT GOES ON LIMITED (REGISTERED NUMBER: 06398857)

STATEMENT OF FINANCIAL POSITION
31 OCTOBER 2018

31.10.18 31.10.17
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 3 2,120 2,740

CURRENT ASSETS
Debtors 4 27,995 11,939
Cash at bank and in hand 23,303 14,908
51,298 26,847
CREDITORS
Amounts falling due within one year 5 8,105 6,059
NET CURRENT ASSETS 43,193 20,788
TOTAL ASSETS LESS CURRENT
LIABILITIES

45,313

23,528

CAPITAL AND RESERVES
Called up share capital 4 4
Retained earnings 45,309 23,524
SHAREHOLDERS' FUNDS 45,313 23,528

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

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

The director acknowledges her 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 7 January 2019and were signed by:





S J Walker- Director


WHAT GOES ON LIMITED (REGISTERED NUMBER: 06398857)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2018


1. STATUTORY INFORMATION

What Goes On 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

TURNOVER
Turnover represents net invoiced sales of goods, 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.
Fixtures and fittings - 25% reducing balance
Computer equipment - 25% reducing balance

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment

TAXATION
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to
the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the statement of financial position date.

WHAT GOES ON LIMITED (REGISTERED NUMBER: 06398857)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2018


3. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 November 2017 434 5,202 5,636
Additions 87 - 87
At 31 October 2018 521 5,202 5,723
DEPRECIATION
At 1 November 2017 160 2,736 2,896
Charge for year 90 617 707
At 31 October 2018 250 3,353 3,603
NET BOOK VALUE
At 31 October 2018 271 1,849 2,120
At 31 October 2017 274 2,466 2,740

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.18 31.10.17
£    £   
Trade debtors 21,995 11,939
Other debtors 6,000 -
27,995 11,939

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.18 31.10.17
£    £   
Corporation tax 6,942 4,566
Directors' loan accounts 262 592
Accruals and deferred income 901 901
8,105 6,059

WHAT GOES ON LIMITED (REGISTERED NUMBER: 06398857)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2018


6. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 October 2018 and
31 October 2017:

31.10.18 31.10.17
£    £   
S J Walker
Balance outstanding at start of year (592 ) (392 )
Amounts advanced 4,930 3,636
Amounts repaid (4,500 ) (3,836 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (162 ) (592 )

7. RELATED PARTY DISCLOSURES

During the year, total dividends of £6,533 (2017-£12,500) were paid to the directors.

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is S J Walker.