Wealden Design Ltd - Accounts to registrar - small 16.3

REGISTERED NUMBER: 09921865 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

18 DECEMBER 2015 TO 31 DECEMBER 2016

FOR

WEALDEN DESIGN LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

S Yates

Mrs N Yates

SECRETARY:

Mrs N Yates

REGISTERED OFFICE:

The Old Stables

Crowborough Hill

Crowborough

East Sussex

TN6 2HL

REGISTERED NUMBER:

09921865 (England and Wales)

ACCOUNTANTS:

Numis Limited

1st Floor

Brook House

Mount Pleasant

Crowborough

East Sussex

TN6 2NE

FIXED ASSETS

Tangible assets

4

2,166

CURRENT ASSETS

Debtors

5

3,605

Cash at bank

890

4,495

CREDITORS

Amounts falling due within one year

6

6,215

NET CURRENT LIABILITIES

(1,720

)

TOTAL ASSETS LESS CURRENT LIABILITIES

446

PROVISIONS FOR LIABILITIES

7

433

NET ASSETS

13

CAPITAL AND RESERVES

Called up share capital

8

2

Retained earnings

9

11

SHAREHOLDERS' FUNDS

13

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2016.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2016 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 of Part 15 of the Companies Act 2006 relating to small companies.

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

The financial statements were approved by the Board of Directors on 8 March 2017 and were signed on its behalf by:

S Yates - Director

1.	STATUTORY INFORMATION

Wealden Design Ltd 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 the provisions of Section 1A "Small Entities" 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 cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

Additions

2,888

At 31 December 2016

2,888

DEPRECIATION

Charge for period

722

At 31 December 2016

722

NET BOOK VALUE

At 31 December 2016

2,166

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Other debtors

3,605

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Taxation and social security

5,316

Other creditors

899

6,215

7.	PROVISIONS FOR LIABILITIES

£

Deferred tax

Accelerated capital allowances

433

Deferred

tax

£

Accelerated capital allowances

433

Balance at 31 December 2016

433

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

2

Ordinary

£1

2

2 Ordinary shares of £1 each were allotted and fully paid for cash at par during the period.

9.

RESERVES

Retained

earnings

£

Profit for the period

16,311

Dividends

(16,300

)

At 31 December 2016

11

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 31 December 2016:

£

S Yates

Balance outstanding at start of period

-

Amounts advanced

2,650

Amounts repaid

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of period

2,650

11.	RELATED PARTY DISCLOSURES

During the period, total dividends of £16,300 were paid to the directors .

12.	ULTIMATE CONTROLLING PARTY

The controlling party is S Yates.

The ultimate controlling party is S Yates.