Wessex Project And Coaching Services Ltd,Ltd - AccountsLtd - Accounts

WESSEX PROJECT AND COACHING SERVICES LTD - Company Information

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Draft

Wessex Project And Coaching Services Ltd

Registered Number:07656798

For the year ended 30 June 2021

England and Wales

Report of the Directors and Unaudited Financial Statements

Draft

For the year ended 30 June 2021

Wessex Project And Coaching Services Ltd

Contents Page

Company Information

Mr David Lawrence Wise

Directors

Mrs Susan Jane Wise

Mr David Lawrence Wise

Company Secretary

07656798

Registered Number

1 Spindleberry Grove

Registered Office

Nailsea

Bristol

BS48 1QE

Dart Services

Accountants

Chartered Certified Accountants

Basement Weavers House

1 Gardens Road

Clevedon

BS21 7QQ

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For the year ended 30 June 2021

Wessex Project And Coaching Services Ltd

Directors' Report

The directors present their report and financial statements for the year ended 30 June 2021.

Principal activities

The principal activity of the company continued to be that of coaching services.

Directors

The directors who served the company throughout the year were as follows:

Mr David Lawrence Wise

Mrs Susan Jane Wise

Signed on behalf of the board of directors

This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.

Date:

24 January 2022

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For the year ended 30 June 2021

Wessex Project And Coaching Services Ltd

Independent Accountants' Report

Report to the directors on the preparation of the unaudited statutory accounts of Wessex Project And

Coaching Services Ltd for the year ended 30 June 2021

In order to assist you to fulfil your duties under Companies Act 2006, we have prepared for your approval the accounts

of Wessex Project And Coaching Services Ltd for the year ended 30 June 2021 which comprise the Income

Statement, the Statement of Financial Position and the related notes from the company's accounting records and from

information and explanations you have given us.

As a practising firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other

professional requirements which are detailed at http://rulebook.accaglobal.com.

This report is made solely to the Board of Directors of Wessex Project And Coaching Services Ltd, as a body, in

accordance with the terms of our engagement letter dated 12 August 2021. Our work has been undertaken solely to

prepare for your approval the accounts of Wessex Project And Coaching Services Ltd and state those matters that we

have agreed to state to the Board of Directors of Wessex Project And Coaching Services Ltd, as a body, in this report

in accordance with the requirements of the Association of Chartered Certified Accountants and as detailed at

http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume

responsibility to anyone other than Wessex Project And Coaching Services Ltd and its Board of Directors as a body

for our work or for this report.

It is your duty to ensure that Wessex Project And Coaching Services Ltd has kept adequate accounting records and to

prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Wessex

Project And Coaching Services Ltd. You consider that Wessex Project And Coaching Services Ltd is exempt from the

statutory audit requirement for the year.

Dart Services

Principal

James Wright-Anderson

Chartered Certified Accountants

Basement Weavers House

1 Gardens Road

Clevedon

BS21 7QQ

Date:

24 January 2022

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For the year ended 30 June 2021

Wessex Project And Coaching Services Ltd

Income Statement

2020

2021

Notes

Turnover

5,191

78,368

Gross profit

5,191

Administrative expenses

(42,879)

(55,257)

Other operating income

4,808

2,579

Operating loss

(32,880)

25,690

Other interest receivable and similar income

(32,880)

25,707

Loss before taxation

6,187

(4,926)

Taxation

(26,693)

Loss for the financial year

20,781

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Draft

Registered Number :

07656798

As at 30 June 2021

Wessex Project And Coaching Services Ltd

Statement of Financial Position

2020

2021

Notes

Fixed assets

Property, plant and equipment

930

1,248

930

1,248

Current assets

Trade and other receivables

297

6,511

1,258

Cash and cash equivalents

8,777

15,288

1,555

Trade and other payables: amounts falling due within one

year

(9,200)

(769)

(7,645)

14,519

Net current assets

Total assets less current liabilities

15,449

(6,397)

Trade and other payables: amounts falling due after more

than one year

(48,539)

(33,090)

Net liabilities

(6,397)

Capital and reserves

Called up share capital

Retained earnings

(33,092)

(6,399)

(33,090)

(6,397)

Shareholders' funds

For the year ended 30 June 2021 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2021 in accordance with Section 476 of the Companies Act 2006

The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section

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 in accordance with the provisions applicable to companies subject to the small companies regime.

Mr David Lawrence Wise

Mrs Susan Jane Wise

These financial statements were approved and authorised for issue by the Board on 24 January 2022 and were signed by:

The notes form part of these financial statements

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For the year ended 30 June 2021

Wessex Project And Coaching Services Ltd

Notes to the Financial Statements

Statutory Information

Wessex Project And Coaching Services Ltd is a private limited company, limited by shares, domiciled in England and

Wales, registration number 07656798.

Registered address:

1 Spindleberry Grove

Nailsea

Bristol

BS48 1QE

The presentation currency is £ sterling.

1. Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A of Financial

Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the

Companies Act 2006. The financial statements have been prepared under the historical costs convention as

modified by the revaluation of certain assets.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.

Government grants

Government grants received are credited to deferred income. Grants towards capital expenditure are released to the profit and loss account over the expected useful life of the assets. Grants received towards revenue expenditure are released to the profit and loss account as the related expenditure is incurred.

2. Turnover

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and 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.

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For the year ended 30 June 2021

Wessex Project And Coaching Services Ltd

Notes to the Financial Statements Continued

3. Taxation

2020

The taxation charge is based on the taxable profit for the year and

comprises:

2021

UK taxation

UK corporation tax

(6,187)

5,024

Deferred tax

Over/under provision in prior year

(98)

Tax on loss on ordinary activities

(6,187)

4,926

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a

change attributable to an item of income or expense recognised as other comprehensive income is also recognised

directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or

substantively enacted by the reporting date in the countries where the company operates and generates taxable

income.

4. Trade and other payables: amounts falling due within one year

2020

2021

Trade creditors

202

Taxation and social security

292

7,858

Other creditors

275

1,260

769

9,200

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities. Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

5. Average number of persons employed

During the year the average number of employees was 2 (2020 : 2)

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