Iain Willcox Limited - Accounts to registrar - small 17.1

Iain Willcox Limited - Accounts to registrar - small 17.1

IAIN WILLCOX LIMITED - Company Information

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REGISTERED NUMBER: 09913638















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

11 DECEMBER 2015 TO 31 DECEMBER 2016

FOR

IAIN WILLCOX LIMITED

IAIN WILLCOX LIMITED (REGISTERED NUMBER: 09913638)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 11 DECEMBER 2015 TO 31 DECEMBER 2016




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


IAIN WILLCOX LIMITED

COMPANY INFORMATION
FOR THE PERIOD 11 DECEMBER 2015 TO 31 DECEMBER 2016







DIRECTOR: I Willcox





REGISTERED OFFICE: 35 Wattfield Close
Rugeley
Staffordshire
WS15 1ER





REGISTERED NUMBER: 09913638





ACCOUNTANT: Richards Associates Limited
Chartered Accountants
North Lodge
Hawkesyard
Armitage Lane
Rugeley
Staffordshire
WS15 1PS
Page 1
IAIN WILLCOX LIMITED (REGISTERED NUMBER: 09913638)

BALANCE SHEET
31 DECEMBER 2016

Notes £    £   
FIXED ASSETS
Tangible assets 4 1,237

CURRENT ASSETS
Debtors 5 11,750
Cash at bank 32,368
44,118
CREDITORS
Amounts falling due within one year 6 44,992
NET CURRENT LIABILITIES (874 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
363

PROVISIONS FOR LIABILITIES 247
NET ASSETS 116

CAPITAL AND RESERVES
Called up share capital 7 100
Retained earnings 16
SHAREHOLDERS' FUNDS 116

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 director acknowledges his 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 director on 9 March 2017 and were signed by:





I Willcox - Director


The notes form part of these financial statements

Page 2
IAIN WILLCOX LIMITED (REGISTERED NUMBER: 09913638)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 11 DECEMBER 2015 TO 31 DECEMBER 2016

1. STATUTORY INFORMATION

Iain Willcox Limited is a private company, limited by shares , registered in Not specified/Other. 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 represents the net invoiced sales of services, excluding value added tax.

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 cost
Computer Equipment - 33% on cost

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 3 .

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery Equipment Totals
£    £    £   
COST
Additions 325 1,317 1,642
At 31 December 2016 325 1,317 1,642
DEPRECIATION
Charge for period 31 374 405
At 31 December 2016 31 374 405
NET BOOK VALUE
At 31 December 2016 294 943 1,237

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 11,750

Page 3 continued...
IAIN WILLCOX LIMITED (REGISTERED NUMBER: 09913638)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 11 DECEMBER 2015 TO 31 DECEMBER 2016

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 37
Tax 11,202
VAT 2,418
Directors' current accounts 30,433
Accrued expenses 902
44,992

7. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
100 Ordinary £1.00 100

100 Ordinary shares of £1.00 each were allotted and fully paid for cash at par during the period.

8. RELATED PARTY DISCLOSURES

During the period, total dividends of £45,520 were paid to the director .

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is I Willcox.

10. WORKING CAPITAL DEFICIT

Current liabilities exceed current assets, however, the company is able to meet its liabilities as they fall
due.

Page 4