Woolgar Electrical Limited 31/12/2021 iXBRL
Woolgar Electrical Limited 31/12/2021 iXBRL
Company registration number:
10526776
Statement of financial position
31 December 2021
2021 | |||||
Note | £ | £ | |||
Current assets | |||||
Debtors | 4 |
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_______ | |||||
Net current assets |
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_______ | |||||
Net assets |
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_______ | |||||
Capital and reserves | |||||
Called up share capital |
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_______ | |||||
Shareholders funds |
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_______ | |||||
The company did not trade during the current year or prior year and has not made either a profit or loss.
Director's responsibilities:
-
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;
-
The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the
board of directors
and authorised for issue on
11 July 2022
, and are signed on behalf of the board by:
Director
Company registration number:
10526776
Notes to the financial statements
Year ended 31 December 2021
1.
General information
The company is a private company limited by shares, registered in England & Wales. The address of the registered office is 35 Colworth House, Colworth Park, Sharnbrook, Bedford, MK44 1LQ.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Going concern
Income statement policy
The company is dormant as defined by section 1169 of the Companies Act 2006. The company received no income and incurred no expenditure during the current year or prior year and therefore no income statement is presented within these financial statements. There have been no movements in equity during the current year or prior year.
Taxation
Financial instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Debt instruments are subsequently measured at amortised cost.
For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics.
Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
4.
Debtors
2021 | |||
£ | |||
Other debtors |
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