Woolberry PM Solutions Limited - Period Ending 2018-04-30

Woolberry PM Solutions Limited - Period Ending 2018-04-30


Woolberry PM Solutions Limited10718304false2017-04-102018-04-302018-04-30The principal activity of the company is the provision of it project management services.Digita Accounts Production Advanced 6.24.8820.0Softwaretrue107183042017-04-102018-04-30107183042018-04-3010718304core:RetainedEarningsAccumulatedLosses2018-04-3010718304core:ShareCapital2018-04-3010718304core:CurrentFinancialInstrumentscore:WithinOneYear2018-04-3010718304bus:SmallEntities2017-04-102018-04-3010718304bus:AuditExemptWithAccountantsReport2017-04-102018-04-3010718304bus:AbridgedAccounts2017-04-102018-04-3010718304bus:RegisteredOffice2017-04-102018-04-3010718304bus:Director12017-04-102018-04-3010718304bus:PrivateLimitedCompanyLtd2017-04-102018-04-3010718304countries:AllCountries2017-04-102018-04-30iso4217:GBP

Registration number: 10718304

Woolberry PM Solutions Limited

Annual Report and Unaudited Abridged Financial Statements

for the Period from 10 April 2017 to 30 April 2018

 

Woolberry PM Solutions Limited

(Registration number: 10718304)
Abridged Balance Sheet as at 30 April 2018

Note

2018
£

Current assets

 

Debtors

7,545

Cash at bank and in hand

 

25,939

 

33,484

Creditors: Amounts falling due within one year

(18,429)

Total assets less current liabilities

 

15,055

Accruals and deferred income

 

(495)

Net assets

 

14,560

Capital and reserves

 

Called up share capital

1

Profit and loss account

14,559

Total equity

 

14,560

 

Woolberry PM Solutions Limited

(Registration number: 10718304)
Abridged Balance Sheet as at 30 April 2018

For the financial period ending 30 April 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

Approved and authorised by the director on 31 December 2018
 

.........................................

E C Woolley

Director

 

Woolberry PM Solutions Limited

Notes to the Abridged Financial Statements for the Period from 10 April 2017 to 30 April 2018

1

General information

The company is a private company limited by share capital incorporated in England and Wales.

The address of its registered office is:
18 Cecil Street
Derby
DE22 3GP

These financial statements were authorised for issue by the director on 31 December 2018.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements were prepared in accordance with Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

 

Woolberry PM Solutions Limited

Notes to the Abridged Financial Statements for the Period from 10 April 2017 to 30 April 2018

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.