Westrope Company Ltd. - Accounts to registrar (filleted)

REGISTERED NUMBER: 06681812 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2018

FOR

WESTROPE COMPANY LTD.

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Agnese Perna

SECRETARY:

Vistra Company Secretaries Limited

REGISTERED OFFICE:

Suite 1, 3rd Floor

11-12 St James's Square

London

SW1Y 4LB

REGISTERED NUMBER:

06681812 (England and Wales)

ACCOUNTANTS:

Vistra Accounting Services

First Floor, Templeback

10 Temple back

Bristol

BS1 6FL

FIXED ASSETS

Investments

3

90,920

-

CURRENT ASSETS

Debtors

4

174,678

Cash at bank

4,286

106,183

178,964

280,861

CREDITORS

Amounts falling due within one year

5

-

(2,257

)

NET CURRENT ASSETS

178,964

278,604

TOTAL ASSETS LESS CURRENT
LIABILITIES

269,884

278,604

CAPITAL AND RESERVES

Called up share capital

6

1,704

Retained earnings

7

268,180

276,900

SHAREHOLDERS' FUNDS

269,884

278,604

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 22 May 2019 and were signed by:

Agnese Perna - Director

1.	STATUTORY INFORMATION

Westrope Company Ltd. 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 US Dollar ($).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for consultancy services provided in the

normal course of business.

Financial instruments

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial

Instruments Issues' of FRS102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual

provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally

enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and

settle the liability simultaneously.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered

into.

Basic financial liabilities

Basic financial liabilities, including creditors, and loans from fellow group companies are initially recognised at transaction

price.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from

suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are

presented as non-current liabilities. Trade creditors are initially recognised at transaction price.

Foreign currencies

Assets and liabilities in foreign currencies are translated into USD at the rates of exchange ruling at the balance sheet date.

Transactions in foreign currencies are translated into USD at the rate of exchange ruling at the date of transaction. Exchange

differences are taken into account in arriving at the operating result.

Investments

Investments are stated at cost less any provision for diminution in value. Any profits or losses on disposal of investments are

taken to the profit and loss account. Income from investments is recognised when entitlement to interests are established.

3.	FIXED ASSET INVESTMENTS

Other

loans

$

New in year

86,000

Other movement

4,920

At 31 August 2018

90,920

Other movement represents the loan interest receivable.

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/8/18

31/8/17

$

Trade debtors

174,678

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/8/18

31/8/17

$

Tax

-

2,257

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/8/18

31/8/17

value:

$

1,000

Ordinary

£1

1,704

7.

RESERVES

Retained

earnings

$

At 1 September 2017

276,900

Deficit for the year

(8,720

)

At 31 August 2018

268,180

Westrope Company Ltd. - Accounts to registrar (filleted) - small 18.2

Westrope Company Ltd. - Accounts to registrar (filleted) - small 18.2