The Woww! Well-Beings Business Ltd - Period Ending 2022-05-31

The Woww! Well-Beings Business Ltd

Contents

Statement of financial position	1
Notes to the Unaudited Financial Statements	2 to 3

The Woww! Well-Beings Business Ltd

(Registration number: 09063965)
Statement of financial position as at 31 May 2022

	Note	2022 £	2021 £
Current assets
Cash at bank and in hand		4,761	1,665
Creditors: Amounts falling due within one year	4	(142,592)	(115,162)
Net liabilities		(137,831)	(113,497)
Capital and reserves
Called up share capital	5	215	215
Share premium reserve		44,986	44,986
Retained earnings		(183,032)	(158,698)
Shareholders' deficit		(137,831)	(113,497)

For the financial year ending 31 May 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small 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.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Income statement has been taken.

Approved and authorised by the Board on 16 November 2022 and signed on its behalf by:
 

.........................................

Mr C P Masters
Director

The Woww! Well-Beings Business Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2022

1	General information

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

The address of its registered office is:
Solo House
The Courtyard
London Road
Horsham
West Sussex
RH12 1AT

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

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' 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.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 1 (2021 - 1).

The Woww! Well-Beings Business Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2022

4

Creditors

Creditors: amounts falling due within one year

	2022 £	2021 £
Due within one year
Taxation and social security	499	1,975
Other creditors	142,093	113,187
	142,592	115,162

5	Share capital

Allotted, called up and fully paid shares

	2022		2021
	No.	£	No.	£
Ordinary shares of £0.05 each	4,290	215	4,290	215