WFC (Market Promotions) Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 03121102 (England and Wales)

WFC (MARKET PROMOTIONS) LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH SEPTEMBER 2021

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr M J Bird

Mr H A Bird

Mr G Bradnum

Mr M W Capel

Mr M T Carpenter

Ms L M Cornish

Mr A J Fisher

Mr C D Burridge

REGISTERED OFFICE:

Administration Office

Wholesale Fruit Centre

Bessemer Road

Cardiff

Cardiff

CF11 8BE

REGISTERED NUMBER:

03121102 (England and Wales)

ACCOUNTANTS:

Carston Chartered Accountants

Tudor House

16 Cathedral Road

Cardiff

CF11 9LJ

CURRENT ASSETS

Cash at bank

16,098

11,451

CREDITORS

Amounts falling due within one year

4

16,096

1,873

NET CURRENT ASSETS

2

9,578

TOTAL ASSETS LESS CURRENT LIABILITIES

2

9,578

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

-

9,576

2

9,578

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th September 2021.

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

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps 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 Sections 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22nd February 2022 and were signed on its behalf by:

Mr M W Capel - Director

1.	STATUTORY INFORMATION

WFC (Market Promotions) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover comprises income from the principal activity of the company.

Going concern

The COVID-19 pandemic has had a significant negative impact on the UK economy. Codid-19 restrictions have had a negative impact upon the company's operation and accordingly the directors considered it appropriate for the company to cease trading in the year. It is considered unlikely that the company will resume trading in the foreseeable future.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2020 - 8 ) .

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Amounts owed to group undertakings

15,227

1,587

Taxation and social security

869

(14

)

Other creditors

-

300

16,096

1,873

5.	POST BALANCE SHEET EVENTS

In response to a second wave of the Covid-19 pandemic the Government enforced two further lockdown periods which resulted in October 2020 for 17 days and a current period lockdown since December 2020. The company ceased its principal activity in late 2020 and has no immediate plans to recommence that activity. The company does not have any third party liabilities and is currently benefitting from appropriate Government support schemes. The company is able to draw on the financial support of its holding company if required.

Accordingly, the directors consider that the accounts may be prepared on the basis of a going concern.

6.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Wholesale Fruit (Centre) Cardiff Limited.