WMS Safe and Sound 30/06/2018 iXBRL
WMS Safe and Sound 30/06/2018 iXBRL
Statement of consent to prepare abridged financial statements
Company registration number:
04830966
Trading as
WMS Safe & Sound Limited
Unaudited filleted abridged financial statements
Contents
Accountants report
Abridged statement of financial position
Statement of changes in equity
Notes to the financial statements
Chartered accountants report to the board of directors on the preparation of the
unaudited statutory financial statements of WMS Safe and Sound
Year ended 30 June 2018
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of WMS Safe and Sound for the year ended 30 June 2018 which comprise the abridged statement of financial position, statement of changes in equity and related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/members/ regulations-standards-and-guidance/.
This report is made solely to the board of directors of WMS Safe and Sound, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of WMS Safe and Sound and state those matters that we have agreed to state to the board of directors of WMS Safe and Sound as a body, in this report in accordance with the ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than WMS Safe and Sound and its board of directors as a body for our work or for this report.
It is your duty to ensure that WMS Safe and Sound has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of WMS Safe and Sound. You consider that WMS Safe and Sound is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of WMS Safe and Sound. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Chartered Accountants
Dorchester House
15 Dorchester Place
Thame
Oxfordshire
OX9 2DL
14 March 2019
Abridged statement of financial position
30 June 2018
2018 | 2017 | ||||||||
Note | £ | £ | £ | £ | |||||
Current assets | |||||||||
Debtors |
|
|
|||||||
Cash at bank and in hand |
|
|
|||||||
_______ | _______ | ||||||||
|
|
||||||||
Creditors: amounts falling due | |||||||||
within one year |
(
|
(
|
|||||||
_______ | _______ | ||||||||
Net current assets |
|
|
|||||||
_______ | _______ | ||||||||
Total assets less current liabilities |
|
|
|||||||
_______ | _______ | ||||||||
Net assets |
|
|
|||||||
_______ | _______ | ||||||||
Capital and reserves | |||||||||
Called up share capital |
|
|
|||||||
Share premium account |
|
|
|||||||
Profit and loss account |
|
|
|||||||
_______ | _______ | ||||||||
Shareholders funds |
|
|
|||||||
_______ | _______ | ||||||||
Directors responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the
board of directors
and authorised for issue on
14 March 2019
, and are signed on behalf of the board by:
Director
Company registration number:
04830966
Statement of changes in equity
Year ended 30 June 2018
Called up share capital | Share premium account | Profit and loss account | Total | |||
£ | £ | £ | £ | |||
At 1 July 2016 |
|
|
|
|
||
Profit for the year |
|
|
||||
_______ | _______ | _______ | _______ | |||
Total comprehensive income for the year | - | - |
|
|
||
Dividends paid and payable |
(
|
(
|
||||
_______ | _______ | _______ | _______ | |||
Total investments by and distributions to owners | - | - |
(
|
(
|
||
_______ | _______ | _______ | _______ | |||
At 30 June 2017 and 1 July 2017 |
|
|
|
|
||
Profit for the year |
|
|
||||
_______ | _______ | _______ | _______ | |||
Total comprehensive income for the year | - | - |
|
|
||
Dividends paid and payable |
(
|
(
|
||||
_______ | _______ | _______ | _______ | |||
Total investments by and distributions to owners | - | - |
(
|
(
|
||
_______ | _______ | _______ | _______ | |||
At 30 June 2018 |
|
|
|
|
||
_______ | _______ | _______ | _______ | |||
Notes to the financial statements
Year ended 30 June 2018
1.
General information
The company is a private company limited by shares, registered in England. The address of the registered office is WMS Safe & Sound Ltd, Suite 1, Oxford House, Oxford Road, Thame, Oxfordshire, OX9 2AH.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Taxation
Financial instruments
4.
Controlling party
The Ultimate Holding Company is WMS Group (UK) Ltd who own 90% of the issued Share Capital