Walproc Limited - Accounts to registrar - small 17.2

Walproc Limited - Accounts to registrar - small 17.2

WALPROC LIMITED - Company Information

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REGISTERED NUMBER: 08800924 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2016

for

Walproc Limited

Walproc Limited (Registered number: 08800924)

Contents of the Financial Statements
for the Year Ended 31 December 2016










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Walproc Limited

Company Information
for the Year Ended 31 December 2016







DIRECTOR: L J Wallace





REGISTERED OFFICE: 17 Cambourne Road
Burbage
Hinckley
Leicestershire
LE10 2BG





REGISTERED NUMBER: 08800924 (England and Wales)





Page 1
Walproc Limited (Registered number: 08800924)

Balance Sheet
31 December 2016

31.12.16 31.12.15
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 221 296

CURRENT ASSETS
Debtors 5 12 35,838
Cash at bank 143,181 99,007
143,193 134,845
CREDITORS
Amounts falling due within one year 6 20,104 54,196
NET CURRENT ASSETS 123,089 80,649
TOTAL ASSETS LESS CURRENT
LIABILITIES
123,310
80,945

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 123,210 80,845
SHAREHOLDERS' FUNDS 123,310 80,945

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

The members have not required the company to obtain an audit of its financial statements for the year 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 30 June 2017 and were signed by:





L J Wallace - Director


The notes form part of these financial statements

Page 2
Walproc Limited (Registered number: 08800924)

Notes to the Financial Statements
for the Year Ended 31 December 2016


1. STATUTORY INFORMATION

Walproc Limited 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 the cost less estimated residual value of each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to
the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the balance sheet date.

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they
will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 .

Page 3 continued...
Walproc Limited (Registered number: 08800924)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2016


4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 January 2016
and 31 December 2016 145 380 525
DEPRECIATION
At 1 January 2016 63 166 229
Charge for year 21 54 75
At 31 December 2016 84 220 304
NET BOOK VALUE
At 31 December 2016 61 160 221
At 31 December 2015 82 214 296

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.16 31.12.15
£    £   
Trade debtors - 35,828
Other debtors 12 10
12 35,838

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.16 31.12.15
£    £   
Trade creditors 1 1
Taxation and social security 17,757 39,096
Other creditors 2,346 15,099
20,104 54,196

Page 4