Weldon Walshe Limited - Accounts to registrar (filleted) - small 18.2

Weldon Walshe Limited - Accounts to registrar (filleted) - small 18.2

WELDON WALSHE LIMITED - Company Information

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REGISTERED NUMBER: 03007733 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2019

for

Weldon Walshe Limited
Weldon Walshe Limited (Registered number: 03007733)






Contents of the Financial Statements
for the Year Ended 31 January 2019




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Weldon Walshe Limited

Company Information
for the Year Ended 31 January 2019







DIRECTORS: S D Altman
A P Roberts





SECRETARY: P Hooper





REGISTERED OFFICE: 20 Grosvenor Place
London
SW1X 7HN





REGISTERED NUMBER: 03007733 (England and Wales)





ACCOUNTANTS: Jones & Partners Limited
3rd Floor Solar House
1-9 Romford Road
London
E15 4RG
Page 1
Weldon Walshe Limited (Registered number: 03007733)

Balance Sheet
31 January 2019

2019 2018
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 14,253 17,534

CURRENT ASSETS
Debtors 5 93,581 105,970
Cash at bank and in hand 1,471 21,203
95,052 127,173
CREDITORS
Amounts falling due within one year 6 107,781 111,367
NET CURRENT (LIABILITIES)/ASSETS (12,729 ) 15,806
TOTAL ASSETS LESS CURRENT
LIABILITIES
1,524
33,340

PROVISIONS FOR LIABILITIES 2,922 2,922
NET (LIABILITIES)/ASSETS (1,398 ) 30,418

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings (2,398 ) 29,418
SHAREHOLDERS' FUNDS (1,398 ) 30,418

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2019 in accordance with Section 476 of the Companies Act 2006.

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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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 28 October 2019 and were signed on its behalf by:





S D Altman - Director


The notes form part of these financial statements

Page 2
Weldon Walshe Limited (Registered number: 03007733)

Notes to the Financial Statements
for the Year Ended 31 January 2019

1. STATUTORY INFORMATION

Weldon Walshe Limited 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 Pound Sterling (£).


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 represents amounts receivable for provision of architectural and interior design service net of VAT.

Turnover is recognised when the significant risks and rewards of ownership has transferred to the buyer. This is
usually at the point that the customer has signed.

Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract.
The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to
the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the
outcome of a contract cannot be estimated reliably.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

Going concern
The directors have not identified any material uncertainties related to events or conditions that may cast
significant doubt about the company's ability to continue as a going concern.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2018 - 9 ) .

Page 3 continued...
Weldon Walshe Limited (Registered number: 03007733)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2019

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 February 2018
and 31 January 2019 5,784 264,725 270,509
DEPRECIATION
At 1 February 2018 5,784 247,191 252,975
Charge for year - 3,281 3,281
At 31 January 2019 5,784 250,472 256,256
NET BOOK VALUE
At 31 January 2019 - 14,253 14,253
At 31 January 2018 - 17,534 17,534

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2019 2018
£    £   
Trade debtors 90,581 88,738
Other debtors 3,000 17,232
93,581 105,970

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2019 2018
£    £   
Bank loans and overdrafts 584 -
Trade creditors 40,237 42,769
Taxation and social security 46,906 51,767
Other creditors 20,054 16,831
107,781 111,367

7. PENSION COMMITMENTS

The company operates a defined contribution pension scheme. The assets of the scheme are held separately
from those of the company in an independently administered fund. The pension cost charge represents
contributions payable to the fund and amounted to £29,446 (2018: £22,958)

8. ULTIMATE CONTROLLING PARTY

The company's ultimate controlling party is WWCA Limited by virtue of his ownership of 100% of the issued
share capital in the company, WWCA Limited is a company incorporated in England and Wales.

Dividends of £640.00 was paid to WWCA Limited in the year ended 31 January 2019 (2018 - £1,127).

Page 4