Wasana Ltd - Accounts to registrar (filleted) - small 18.2
Wasana Ltd - Accounts to registrar (filleted) - small 18.2
REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 31 October 2018 |
for |
Wasana Ltd |
Wasana Ltd (Registered number: 05967165) |
Contents of the Financial Statements |
for the Year Ended 31 October 2018 |
Page |
Company Information | 1 |
Chartered Certified Accountants' Report | 2 |
Balance Sheet | 3 |
Notes to the Financial Statements | 5 |
Wasana Ltd |
Company Information |
for the Year Ended 31 October 2018 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Certified Accountants |
Electra House |
1A Gilberd Road |
Colchester |
Essex |
CO2 7LR |
Chartered Certified Accountants' Report to the Board of Directors |
on the Unaudited Financial Statements of |
Wasana Ltd |
The following reproduces the text of the report prepared for the directors in respect of the company's annual |
unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file |
a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the |
Report of the Directors are not required to be filed with the Registrar of Companies. |
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the |
financial statements of Wasana Ltd for the year ended 31 October 2018 which comprise the Income Statement, Balance |
Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from |
information and explanations you have given us. |
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook. |
This report is made solely to the Board of Directors of Wasana Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Wasana Ltd and state those matters that we have agreed to state to the Board of Directors of Wasana Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report. |
It is your duty to ensure that Wasana Ltd 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 Wasana Ltd. You consider that Wasana Ltd 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 Wasana Ltd. 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 Certified Accountants |
Electra House |
1A Gilberd Road |
Colchester |
Essex |
CO2 7LR |
Wasana Ltd (Registered number: 05967165) |
Balance Sheet |
31 October 2018 |
31.10.18 | 31.10.17 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors | 5 |
Investments | 6 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 7 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
PROVISIONS FOR LIABILITIES |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 8 |
Retained earnings |
SHAREHOLDERS' FUNDS |
The directors acknowledge their 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. |
Wasana Ltd (Registered number: 05967165) |
Balance Sheet - continued |
31 October 2018 |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the Board of Directors on |
Wasana Ltd (Registered number: 05967165) |
Notes to the Financial Statements |
for the Year Ended 31 October 2018 |
1. | STATUTORY INFORMATION |
Wasana Ltd is a |
number and registered office address can be found on the Company Information page. |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, |
value added tax and other sales taxes. |
Tangible fixed assets |
Equipment | - |
Fixtures and fittings | - |
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 balance sheet date. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
sheet date. |
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from |
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that |
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the |
timing difference. |
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they |
will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
Pension costs and other post-retirement benefits |
The company operates a defined contribution pension scheme. Contributions payable to the company's pension |
scheme are charged to profit or loss in the period to which they relate. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
Wasana Ltd (Registered number: 05967165) |
Notes to the Financial Statements - continued |
for the Year Ended 31 October 2018 |
4. | TANGIBLE FIXED ASSETS |
Plant and |
machinery |
etc |
£ |
COST |
At 1 November 2017 |
Additions |
At 31 October 2018 |
DEPRECIATION |
At 1 November 2017 |
Charge for year |
At 31 October 2018 |
NET BOOK VALUE |
At 31 October 2018 |
At 31 October 2017 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.10.18 | 31.10.17 |
£ | £ |
Other debtors |
6. | CURRENT ASSET INVESTMENTS |
31.10.18 | 31.10.17 |
£ | £ |
Other |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.10.18 | 31.10.17 |
£ | £ |
Bank loans and overdrafts |
Taxation and social security |
Other creditors |
Wasana Ltd (Registered number: 05967165) |
Notes to the Financial Statements - continued |
for the Year Ended 31 October 2018 |
8. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 31.10.18 | 31.10.17 |
value: | £ | £ |
Ordinary A | £1 | 51 | 51 |
Ordinary B | £1 | 49 | 49 |
100 | 100 |
The Ordinary A and Ordinary B shares rank pari-passu in respect of voting rights and participation in any capital |
distribution. Dividends may be paid to one class of share to the exclusion of any other class of share currently in |
issue. Where a dividend is declared in respect of all classes of share, the company may, by ordinary resolution, |
differentiate between each class of share as to the amount or percentage of dividend payable, but by default the |
Ordinary A and Ordinary B shares will be deemed to rank pari passu. |
9. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
The following advances and credits to directors subsisted during the years ended 31 October 2018 and |
31 October 2017: |
31.10.18 | 31.10.17 |
£ | £ |
Balance outstanding at start of year |
Amounts repaid | ( |
) | ( |
) |
Amounts written off | - | - |
Amounts waived | - | - |
Balance outstanding at end of year |
Balance outstanding at start of year |
Amounts repaid | ( |
) | ( |
) |
Amounts written off | - | - |
Amounts waived | - | - |
Balance outstanding at end of year |
The loans to directors were interest-free and repayable on demand. |
10. | RELATED PARTY DISCLOSURES |
During the year, total dividends of £31,331 (2017 - £27,950) were paid to the directors . |