The Woww! Well-Beings Business Ltd - Period Ending 2021-05-31

The Woww! Well-Beings Business Ltd

Contents

Statement of financial position	1 to 2
Notes to the Unaudited Financial Statements	3 to 4

The Woww! Well-Beings Business Ltd

(Registration number: 09063965)
Statement of financial position as at 31 May 2021

	Note	2021 £	2020 £
Current assets
Debtors	4	-	7,073
Cash at bank and in hand		1,665	1,356
		1,665	8,429
Creditors: Amounts falling due within one year	5	(115,162)	(113,961)
Net liabilities		(113,497)	(105,532)
Capital and reserves
Called up share capital	6	215	215
Share premium reserve		44,986	44,986
Profit and loss account		(158,698)	(150,733)
Shareholders' deficit		(113,497)	(105,532)

For the financial year ending 31 May 2021 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.

The Woww! Well-Beings Business Ltd

(Registration number: 09063965)
Statement of financial position as at 31 May 2021

Approved and authorised by the Board on 2 February 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 2021

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

These financial statements were authorised for issue by the Board on 2 February 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

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

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.

Tax

The tax expense for the period comprises 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.

The Woww! Well-Beings Business Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2021

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 1 (2020 - 1).

4

Debtors

	2021 £	2020 £
Other debtors	-	7,073
	-	7,073

5

Creditors

Creditors: amounts falling due within one year

	2021 £	2020 £
Due within one year
Taxation and social security	1,975	373
Other creditors	113,187	113,588
	115,162	113,961

6	Share capital

Allotted, called up and fully paid shares

	2021		2020
	No.	£	No.	£
Ordinary shares of £0.05 each	4,290	214.50	4,290	214.50