Wise Products (London) Limited Filleted accounts for Companies House (small and micro)
Wise Products (London) Limited Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
00398834
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For the year ended |
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Financial Statements |
Year ended 30 September 2019
CONTENTS |
PAGES |
Statement of Financial Position |
1 |
Notes to the Financial Statements |
2 to 3 |
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Statement of Financial Position |
2019 |
2018 |
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Note |
£ |
£ |
£ |
£ |
Current assets
Debtors |
4 |
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Creditors: amounts falling due within one year |
5 |
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Net current assets |
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Total assets less current liabilities |
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Capital and reserves
Called up share capital |
6 |
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Other reserves |
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Profit and loss account |
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Shareholders funds |
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In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.
Directors' responsibilities:
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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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These financial statements were approved by the
board of directors
and authorised for issue on
25 June 2020
, and are signed on behalf of the board by:
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Director |
Director |
Company registration number:
00398834
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Notes to the Financial Statements |
Year ended 30 September 2019
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is New Burlington House, 1075 Finchley Road, London, NW11 0PU.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Judgements and key sources of estimation uncertainty
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. The Company has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value. Trade and other debtors are recognised at the settlement amount due. Prepayments are valued at the amount prepaid. Creditors and provisions are recognised where the company has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.
4.
Debtors
2019 |
2018 |
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£ |
£ |
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Other debtors |
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5.
Creditors:
amounts falling due within one year
2019 |
2018 |
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£ |
£ |
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Other creditors |
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6.
Called up share capital
Issued, called up and fully paid
2019 |
2018 |
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No. |
£ |
No. |
£ |
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250 |
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250 |
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250 |
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250 |
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7.
Related party transactions