Accounts Submission
Accounts Submission
WORDSWORTH TRANSCRIPTS LIMITED
Company Registration Number:
04691565
(England and Wales)
Unaudited abridged accounts for the year ended 31 March 2020
Period of accounts
Start date: 01 April 2019
End date: 31 March 2020
WORDSWORTH TRANSCRIPTS LIMITED
Contents of the Financial Statements
for the Period Ended 31 March 2020
Company Information - 3 | |
Balance sheet - 4 | |
Additional notes - 6 | |
Balance sheet notes - 9 |
WORDSWORTH TRANSCRIPTS LIMITED
Company Information
for the Period Ended 31 March 2020
Director: |
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Registered office: |
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Company Registration Number: |
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WORDSWORTH TRANSCRIPTS LIMITED
Balance sheet
As at
Notes |
2020 £ |
2019 £ |
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Fixed assets | |||
Tangible assets: | 4 |
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Total fixed assets: |
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Current assets | |||
Debtors: |
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Cash at bank and in hand: |
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Total current assets: |
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Creditors: amounts falling due within one year: |
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Net current assets (liabilities): |
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Total assets less current liabilities: |
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Total net assets (liabilities): |
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The notes form part of these financial statements
WORDSWORTH TRANSCRIPTS LIMITED
Balance sheet continued
As at 31 March 2020
Notes |
2020 £ |
2019 £ |
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Capital and reserves | |||
Called up share capital: |
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Profit and loss account: |
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Shareholders funds: |
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This report was approved by the board of directors on
And Signed On Behalf Of The Board By:
Name:
Status: Director
The notes form part of these financial statements
WORDSWORTH TRANSCRIPTS LIMITED
Notes to the Financial Statements
for the Period Ended 31 March 2020
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1. Accounting policies
Basis of measurement and preparation
These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102 Turnover policy
THE TURNOVER SHOWN IN THE PROFIT AND LOSS ACCOUNT REPRESENTS REVENUE EARNED DURING THE PERIOD, EXCLUSIVE OF VAT. Tangible fixed assets depreciation policy
DEPRECIATION IS PROVIDED, AFTER TAKING ACCOUNT OF ANY GRANTS RECEIVABLE, AT THE FOLLOWING ANNUAL RATES IN ORDER TO WRITE OFF EACH ASSET OVER ITS ESTIMATED USEFUL LIFE.
MOTOR VEHILES - 25% ON COST
PLANT & EQUIPMENT - 20% ON COSTIntangible fixed assets amortisation policy
INTANGIBLE FIXED ASSETS (INCLUDING PURCHASED GOODWILL AND PATENTS) ARE AMORTISED AT RATES CALCULATED TO WRITE OFF THE ASSETS ON A STRAIGHT BASIS OVER THEIR ESTIMATED USEFUL ECONOMIC LIVES, NOT TO EXCEED TWENTY YEARS. IMPAIRMENT OF INTANGIBLE ASSETS IS ONLY REVIEWED WHERE CIRCUMSTANCES INDICATE THAT THE CARRYING VALUE OF AN ASSET MAY NOT BE FULLY RECOVERABLE. Valuation information and policy
STOCKS AND WORK IN PROGRESS ARE VALUED AT THE LOWER OF COST AND NET REALISABLE VALUE, AFTER MAKING DUE ALLOWANCE FOR OBSOLETE AND SLOW MOVING ITEMS. COST INCLUDES ALL DIRECT EXPENDITURE AND AN APPROPRIATE PROPORTION OF FIXED AND VARIABLE OVERHEADS.
WORDSWORTH TRANSCRIPTS LIMITED
Notes to the Financial Statements
for the Period Ended 31 March 2020
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2. Employees
2020
2019Average number of employees during the period 1 1
WORDSWORTH TRANSCRIPTS LIMITED
Notes to the Financial Statements
for the Period Ended 31 March 2020
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3. Off balance sheet disclosure
No
WORDSWORTH TRANSCRIPTS LIMITED
Notes to the Financial Statements
for the Period Ended 31 March 2020
4. Tangible Assets
Total | |
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Cost | £ |
At 01 April 2019 |
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Additions |
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Disposals |
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Revaluations |
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Transfers |
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At 31 March 2020 |
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Depreciation | |
At 01 April 2019 |
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Charge for year |
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On disposals |
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Other adjustments |
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At 31 March 2020 |
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Net book value | |
At 31 March 2020 |
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At 31 March 2019 |
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