Wilde Stunts Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07706044 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 July 2020

for

Wilde Stunts Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

M Roberts

Ms B C Parker

REGISTERED OFFICE:

119 The Hub

300 Kensal Road

London

W10 5BE

REGISTERED NUMBER:

07706044 (England and Wales)

ACCOUNTANT:

Hilton Consulting Limited

119 The Hub

300 Kensal Road

London

W10 5BE

FIXED ASSETS

Tangible assets

4

19,574

21,053

CURRENT ASSETS

Debtors

5

29,427

38,670

Cash at bank

14,575

26,250

44,002

64,920

CREDITORS

Amounts falling due within one year

6

50,874

42,849

NET CURRENT (LIABILITIES)/ASSETS

(6,872

)

22,071

TOTAL ASSETS LESS CURRENT LIABILITIES

12,702

43,124

PROVISIONS FOR LIABILITIES

1,021

1,130

NET ASSETS

11,681

41,994

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

11,680

41,993

SHAREHOLDERS' FUNDS

11,681

41,994

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2020 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 and authorised for issue on 19 April 2021 and were signed on its behalf by:

M Roberts - Director

1.	STATUTORY INFORMATION

Wilde Stunts 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.

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 net invoiced sales of services, excluding value added tax.

Tangible fixed assets

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

Plant and machinery etc

-

33% on cost and 20% on reducing balance

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2019 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 August 2019

75,849

Additions

4,164

At 31 July 2020

80,013

DEPRECIATION

At 1 August 2019

54,796

Charge for year

5,643

At 31 July 2020

60,439

NET BOOK VALUE

At 31 July 2020

19,574

At 31 July 2019

21,053

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.20

31.7.19

£

£

Other debtors

29,427

38,670

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.20

31.7.19

£

£

Finance leases

-

709

Trade creditors

3,000

3,000

Taxation and social security

46,067

37,358

Other creditors

1,807

1,782

50,874

42,849

7.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is M Roberts.