WRCO LIMITED
WRCO LIMITED
WRCO LIMITED
Company Registration Number:
11667426 (England and Wales)
Unaudited statutory accounts for the year ended 30 November 2021
Period of accounts
Start date: 1 December 2020
End date: 30 November 2021
WRCO LIMITED
Contents of the Financial Statements
for the Period Ended 30 November 2021
Directors report | |
Profit and loss | |
Balance sheet | |
Additional notes | |
Balance sheet notes |
WRCO LIMITED
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 30 November 2021
Directors
The director shown below has held office during the period of
7 June 2021 to 30 November 2021
The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006
This report was approved by the board of directors on
And signed on behalf of the board by:
Name:
Status: Director
WRCO LIMITED
Profit And Loss Account
for the Period Ended
2021 | 2020 | |
---|---|---|
| £ | £ |
Turnover: | | |
Cost of sales: | ( | ( |
Gross profit(or loss): | | |
Distribution costs: | ( | ( |
Administrative expenses: | ( | ( |
Operating profit(or loss): | | |
Profit(or loss) before tax: | | |
Tax: | ( | ( |
Profit(or loss) for the financial year: | | |
WRCO LIMITED
Balance sheet
As at
Notes | 2021 | 2020 | |
---|---|---|---|
| £ | £ | |
Fixed assets | |||
Tangible assets: | 3 | | |
Total fixed assets: | | | |
Current assets | |||
Stocks: | 4 | | |
Debtors: | 5 | | |
Cash at bank and in hand: | | | |
Total current assets: | | | |
Creditors: amounts falling due within one year: | 6 | ( | ( |
Net current assets (liabilities): | | | |
Total assets less current liabilities: | | | |
Total net assets (liabilities): | | | |
Capital and reserves | |||
Called up share capital: | | | |
Profit and loss account: | | | |
Total Shareholders' funds: | | |
The notes form part of these financial statements
WRCO LIMITED
Balance sheet statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
WRCO LIMITED
Notes to the Financial Statements
for the Period Ended 30 November 2021
-
1. Accounting policies
Basis of measurement and preparation
These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101 Turnover policy
Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of Vat and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.When cash inflows are deferred and represent a financing arrangement, the fair value of the consideration is the present value of the future receipts. The difference between the fair value of the consideration and the nominal amount received is recognised as interest income.Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have passed to the buyer, the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably. Tangible fixed assets depreciation policy
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following basis:Plant and Equipment 10%Furniture and Fittings 15%Motor Vehicles 20%Office Equipment 20%Land and Buildings 0%
WRCO LIMITED
Notes to the Financial Statements
for the Period Ended 30 November 2021
-
2. Employees
2021 2020 Average number of employees during the period 14 19
WRCO LIMITED
Notes to the Financial Statements
for the Period Ended 30 November 2021
3. Tangible assets
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
---|---|---|---|---|---|---|
Cost | £ | £ | £ | £ | £ | £ |
At 1 December 2020 | | | | | | |
Additions | | | | | | |
Disposals | ||||||
Revaluations | ||||||
Transfers | ||||||
At 30 November 2021 | | | | | | |
Depreciation | ||||||
At 1 December 2020 | | | | | | |
Charge for year | | | | | | |
On disposals | ||||||
Other adjustments | ||||||
At 30 November 2021 | | | | | | |
Net book value | ||||||
At 30 November 2021 | | | | | | |
At 30 November 2020 | | | | | | |
WRCO LIMITED
Notes to the Financial Statements
for the Period Ended 30 November 2021
4. Stocks
2021 | 2020 | |
---|---|---|
£ | £ | |
Stocks | | |
Total | | |
WRCO LIMITED
Notes to the Financial Statements
for the Period Ended 30 November 2021
5. Debtors
2021 | 2020 | |
---|---|---|
£ | £ | |
Trade debtors | | |
Prepayments and accrued income | | |
Total | | |
WRCO LIMITED
Notes to the Financial Statements
for the Period Ended 30 November 2021
6. Creditors: amounts falling due within one year note
2021 | 2020 | |
---|---|---|
£ | £ | |
Trade creditors | | |
Taxation and social security | | |
Total | | |