Wildcomfort Ventures Limited - Period Ending 2021-09-30

WILDCOMFORT VENTURES LIMITED - Company Information

Wildcomfort Ventures Limited 11557370 true 2020-10-01 2021-09-30 2021-09-30 The principal activity of the company is renovating a boat Digita Accounts Production Advanced 6.30.9574.0 true Mr T Gunstone Louise Victoria Gunstone 11557370 2020-10-01 2021-09-30 11557370 2021-09-30 11557370 core:ShareCapital 2021-09-30 11557370 core:CurrentFinancialInstruments 2021-09-30 11557370 bus:FRS102 2020-10-01 2021-09-30 11557370 bus:AuditExempt-NoAccountantsReport 2020-10-01 2021-09-30 11557370 bus:FullAccounts 2020-10-01 2021-09-30 11557370 bus:RegisteredOffice 2020-10-01 2021-09-30 11557370 bus:Director1 2020-10-01 2021-09-30 11557370 bus:Director2 2020-10-01 2021-09-30 11557370 bus:EntityHasNeverTraded 2020-10-01 2021-09-30 11557370 bus:PrivateLimitedCompanyLtd 2020-10-01 2021-09-30 11557370 countries:AllCountries 2020-10-01 2021-09-30 11557370 2020-09-30 11557370 core:ShareCapital 2020-09-30 11557370 core:CurrentFinancialInstruments 2020-09-30 iso4217:GBP

Registration number: 11557370

Wildcomfort Ventures Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 30 September 2021

Wildcomfort Ventures Limited

Profit and Loss Account for the Year Ended 30 September 2021

The company has not traded during the year. During this year, the company received no income and incurred no expenditure and therefore made neither profit nor loss.

Wildcomfort Ventures Limited

(Registration number: 11557370)
Balance Sheet as at 30 September 2021

	Note	2021 £	2020 £
Current assets
Debtors	3	1	1
Capital and reserves
Called up share capital		1	1
Shareholders' funds		1	1

For the financial year ending 30 September 2021 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 13 June 2022 and signed on its behalf by:

Mr T Gunstone
Director

Wildcomfort Ventures Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2021

1	General information

The company is a private company limited by share capital, incorporated in England & Wales.

The company was formerly known as Gunstone SW Limited.

The address of its registered office is:
Church House
Church Street
Yeovil
Somerset
BA20 1HB

These financial statements were authorised for issue by the Board on 13 June 2022.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

These financial statements are prepared in Sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £1.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Wildcomfort Ventures Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2021 (continued)

2	Accounting policies (continued)

Financial instruments

Classification
FRS 102 classifies financial instruments as either basic financial instruments or other financial instruments. The accounting treatment varies according to the classification.
Basic financial instruments are defined as one of the following:
- cash
- a debt instrument (such as accounts receivable and payable)
- commitment to receive a loan that satisfy certain criteria
- investments in non-convertible preference shares, and non puttable ordinary shares.

All other financial instruments are classed as other financial instruments and treated accordingly.

Recognition and measurement
The company only has financial assets and 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.

Debtors

	2021 £	2020 £
Other debtors	1	1
	1	1