Wills Consultants Limited Filleted accounts for Companies House (small and micro)
Wills Consultants Limited Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
09006611
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STATEMENT OF FINANCIAL POSITION |
2018 |
2017 |
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Note |
£ |
£ |
£ |
£ |
FIXED ASSETS
Tangible assets |
5 |
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CURRENT ASSETS
Debtors |
6 |
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Cash at bank and in hand |
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-------- |
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CREDITORS: amounts falling due within one year |
7 |
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-------- |
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NET CURRENT LIABILITIES |
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TOTAL ASSETS LESS CURRENT LIABILITIES |
(
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(
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NET LIABILITIES |
(
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(
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CAPITAL AND RESERVES
Called up share capital fully paid |
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Profit and loss account |
(
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(
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SHAREHOLDERS DEFICIT |
(
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(
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In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
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
;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
.
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STATEMENT OF FINANCIAL POSITION (continued) |
These financial statements were approved by the
board of directors
and authorised for issue on
1 May 2019
, and are signed on behalf of the board by:
Company registration number:
09006611
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NOTES TO THE FINANCIAL STATEMENTS |
YEAR ENDED 31 AUGUST 2018
1.
GENERAL INFORMATION
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Broughton Grange, Headlands, Kettering, Northamptonshire, NN15 6XA.
2.
STATEMENT OF COMPLIANCE
3.
ACCOUNTING POLICIES
Basis of preparation
Going concern
Judgements and key sources of estimation uncertainty
Revenue recognition
Income tax
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Office Equipment |
- |
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Financial instruments
Defined contribution plans
4.
EMPLOYEE NUMBERS
The average number of persons employed by the company during the year amounted to
7
(2017:
5
).
5.
TANGIBLE ASSETS
Office Equipment |
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£ |
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Cost |
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At 1 September 2017 and 31 August 2018 |
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Depreciation |
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At 1 September 2017 |
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Charge for the year |
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------- |
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At 31 August 2018 |
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Carrying amount |
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At 31 August 2018 |
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------- |
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At 31 August 2017 |
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------- |
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6.
DEBTORS
2018 |
2017 |
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£ |
£ |
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Trade debtors |
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Other debtors |
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7.
CREDITORS:
amounts falling due within one year
2018 |
2017 |
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£ |
£ |
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Bank loans and overdrafts |
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Trade creditors |
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Corporation tax |
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– |
Social security and other taxes |
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Expenses control account |
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Other creditors |
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8.
GOING CONCERN
The directors have considered the period to 1 May 2020 when assessing the company's ability to continue as a going concern. It is believed that the company will either be able to satisfy its liabilities as these become payable, or alternatively will be sold as a going concern.
9.
RELATED PARTY TRANSACTIONS
During the year the company under took the following transactions with related parties: The directors have advanced monies to the company. At 31 August 2018 the amount due from the company was £8,540 (2017 - £9,465).