Worm App Ltd. - Abbreviated accounts 16.3

REGISTERED NUMBER: 09296666 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 November 2016

for

Worm App Ltd.

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

G Mitchard

J Tallantyre

S J Cropper

REGISTERED OFFICE:

1 Primrose Street

London

EC2A 2EX

REGISTERED NUMBER:

09296666 (England and Wales)

CURRENT ASSETS

Debtors

109,160

12,276

Cash at bank

7,701

2,024

116,861

14,300

CREDITORS

Amounts falling due within one year

(242,204

)

(44,540

)

NET CURRENT LIABILITIES

(125,343

)

(30,240

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(125,343

)

(30,240

)

CAPITAL AND RESERVES

Called up share capital

2

1,000

20,000

Share premium

270,502

-

Profit and loss account

(396,845

)

(50,240

)

SHAREHOLDERS' FUNDS

(125,343

)

(30,240

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 26 May 2017 and were signed on its behalf by:

G Mitchard - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance

with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Deferred tax

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

the balance sheet date.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.16

30.11.15

value:

£

£

NIL

Ordinary

£200

-

20,000

6,498

A Ordinary

1p

650

-

3,500

B Ordinary

1p

350

-

1

D Ordinary

1p

-

-

1

E Ordinary

1p

-

-

1,000

20,000

The following shares were issued during the year for cash at par :

6,498 A Ordinary shares of 1p

3,500 B Ordinary shares of 1p

1 D Ordinary share of 1p

1 E Ordinary share of 1p

3.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 30 November 2016

and the period ended 30 November 2015:

30.11.16

30.11.15

£

£

J Tallantyre

Balance outstanding at start of year

-

-

Amounts advanced

55,292

-

Amounts repaid

(21,157

)

-

Balance outstanding at end of year

34,135

-