YOUR_WELCOME_LIMITED - Accounts

YOUR WELCOME LIMITED - Company Information

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Company Registration No. 09718587 (England and Wales)

YOUR WELCOME LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 AUGUST 2016

YOUR WELCOME LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

YOUR WELCOME LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 AUGUST 2016

- 1 -

2016

Notes

Fixed assets

Tangible assets

36,525

Current assets

Debtors

12,015

Cash at bank and in hand

189,813

201,828

Creditors: amounts falling due within one year

28,000

Net current assets

229,828

Total assets less current liabilities

266,353

Capital and reserves

Called up share capital

132

Share premium account

419,950

Profit and loss account

(153,729)

Shareholders' funds

266,353

For the financial Period ended 31 August 2016 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 financial statements for the Period in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 15 April 2017

Mr P Loram

Director

Company Registration No. 09718587

YOUR WELCOME LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE PERIOD ENDED 31 AUGUST 2016

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Computer equipment

Fixed assets

Tangible assets

Cost

At 5 August 2015

Additions

54,515

At 31 August 2016

54,515

Depreciation

At 5 August 2015

Charge for the period

17,990

At 31 August 2016

17,990

Net book value

At 31 August 2016

36,525

YOUR WELCOME LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE PERIOD ENDED 31 AUGUST 2016

- 3 -

Share capital

2016

Allotted, called up and fully paid

1,000,000 Ordinary A of 0.01p each

100

80,000 Ordinary B of 0.01p each

210,000 Ordinary C of 0.01p each

30,000 Ordinary D of 0.01p each

132

During the year 1,000,000 Ordinary A shares of £0.0001 each were allotted and fully paid at par for cash consideration to provide additional working capital.

During the year 84,034 Ordinary B shares of £0.0001 each were allotted and fully paid at £0.357 for cash consideration to provide additional working capital.

During the year 207,964 Ordinary C shares of £0.0001 each were allotted and fully paid at £1.6829 for cash consideration to provide additional working capital.

During the year 29,709 Ordinary D shares of £0.0001 each were allotted and fully paid at £2.0195 for cash consideration to provide additional working capital.