Company Registration No. 10559975 (England and Wales)
Wheelie Serious Ltd
Unaudited accounts
for the year ended 31 January 2020
Wheelie Serious Ltd
Unaudited accounts
Contents
Wheelie Serious Ltd
Company Information
for the year ended 31 January 2020
Company Number
10559975 (England and Wales)
Registered Office
16 YAVERLAND DRIVE
BAGSHOT
GU19 5DX
ENGLAND
Accountants
Tailored Accountancy Ltd
5 Tanners Yard
London Road
Bagshot
Surrey
GU19 5HD
Wheelie Serious Ltd
Statement of financial position
as at 31 January 2020
Tangible assets
1,900
2,671
Cash at bank and in hand
1,446
2,788
Creditors: amounts falling due within one year
(8,407)
(5,830)
Net current assets
2,959
2,930
Called up share capital
1
1
Profit and loss account
4,858
5,600
Shareholders' funds
4,859
5,601
For the year ending 31 January 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 10 March 2020.
Matthew Starey
Director
Company Registration No. 10559975
Wheelie Serious Ltd
Notes to the Accounts
for the year ended 31 January 2020
Wheelie Serious Ltd is a private company, limited by shares, registered in England and Wales, registration number 10559975. The registered office is 16 YAVERLAND DRIVE, BAGSHOT, GU19 5DX, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Straight line
Computer equipment
33% Straight line
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 February 2019
2,946
512
3,458
At 31 January 2020
3,112
512
3,624
At 1 February 2019
533
254
787
Charge for the year
768
169
937
At 31 January 2020
1,301
423
1,724
At 31 January 2020
1,811
89
1,900
At 31 January 2019
2,413
258
2,671
Wheelie Serious Ltd
Notes to the Accounts
for the year ended 31 January 2020
Accrued income and prepayments
886
439
7
Creditors: amounts falling due within one year
2020
2019
Trade creditors
3,573
2,079
Taxes and social security
4,563
3,480
Loans from directors
(1)
(1)
8
Average number of employees
During the year the average number of employees was 1 (2019: 0).
