WULMER ASSOCIATES LIMITED

WULMER ASSOCIATES LIMITED

WULMER ASSOCIATES LIMITED - Company Information

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WULMER ASSOCIATES LIMITED

Company Registration Number:
08011015 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2021

Period of accounts

Start date: 01 April 2020

End date: 31 March 2021

WULMER ASSOCIATES LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2021

Balance sheet
Notes

WULMER ASSOCIATES LIMITED

Balance sheet

As at 31 March 2021


Notes
2021
2020


£
£
Current assets
Debtors:   40,328 15,411
Cash at bank and in hand: 1 14
Total current assets: 40,329 15,425
Creditors: amounts falling due within one year:   (14,750) (14,750)
Net current assets (liabilities): 25,579 675
Total assets less current liabilities: 25,579 675
Creditors: amounts falling due after more than one year:   (25,000)
Total net assets (liabilities): 579 675
Capital and reserves
Called up share capital: 200 200
Profit and loss account: 379 475
Shareholders funds: 579 675

The notes form part of these financial statements

WULMER ASSOCIATES LIMITED

Balance sheet statements

For the year ending 31 March 2021 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 28 December 2021
and signed on behalf of the board by:

Name: Jonathan Staite
Status: Director

The notes form part of these financial statements

WULMER ASSOCIATES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2021

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at fair value of the consideration received or receivable for goods supplied to customers in the normal course of business, net of trade discounts and VAT. For contracts that are ongoing at the year end, revenue is recognised based on the proportion of work that has been completed.

Tangible fixed assets and depreciation policy

Tangible fixed assets are stated at cost less accumulated depreciation and any impairment loss. Cost includes the original purchase price and any costs attributable to bringing the asset to its working condition for its intended use.Depreciation is not charged on freehold and long leasehold land and buildings.Depreciation is provided on tangible fixed assets at rates calculated to write off the cost less estimated residual value over its expected useful economic life, as follows:-Office equipment - 20% written down value.Fixtures and fittings - 20% written down value.Motor Vehicles - 20% written down value.

Valuation and information policy

Stock and work in progress comprise finished goods and goods for resale and is stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined on a first in first out basis. Cost includes the original purchase price and any costs attributable to bringing the stock to its present location and condition.Provision is made for damaged, obsolete and slow-moving stock where appropriate.

WULMER ASSOCIATES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2021

2. Employees

2021 2020
Average number of employees during the period 2 2