Wappa Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 08234095 (England and Wales)

ABBREVIATED ACCOUNTS

FOR THE PERIOD 1 OCTOBER 2015 TO 29 SEPTEMBER 2016

FOR

WAPPA LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Miss A C Favre

Mr P J Sobierajski

REGISTERED OFFICE:

7 Bourne Court

Southend Road

Woodford Green

Essex

IG8 8HD

REGISTERED NUMBER:

08234095 (England and Wales)

ACCOUNTANTS:

NWN Blue Squared Ltd

Chartered Certified Accountants

7 Bourne Court

Southend Road

Woodford Green

Essex

IG8 8HD

FIXED ASSETS

Tangible assets

2

8,688

8,591

CURRENT ASSETS

Debtors

169,748

94,014

Cash at bank

156,166

65,666

325,914

159,680

CREDITORS

Amounts falling due within one year

359,551

164,816

NET CURRENT LIABILITIES

(33,637

)

(5,136

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(24,949

)

3,455

CAPITAL AND RESERVES

Called up share capital

3

1

Profit and loss account

(24,950

)

3,454

SHAREHOLDERS' FUNDS

(24,949

)

3,455

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 29 September 2016.

The members have not required the company to obtain an audit of its financial statements for the period ended 29 September 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 25 September 2017 and were signed on its
behalf by:

Miss A C Favre - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

Due to the directors' on-going support of the company, the directors believe it is appropriate to prepare the

financial statements on a going concern basis which assumes the company will continue in operational

existence for the foreseeable future.

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).

Turnover

Turnover represents the administration fee on the sale of event tickets.

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

-

20% on reducing balance

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2015

10,739

Additions

2,269

At 29 September 2016

13,008

DEPRECIATION

At 1 October 2015

2,148

Charge for period

2,172

At 29 September 2016

4,320

NET BOOK VALUE

At 29 September 2016

8,688

At 30 September 2015

8,591

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

1

Ordinary

£1

1

4.	ULTIMATE PARENT COMPANY

Wappa Group Limited (incorporated in United Kingdom ) is regarded by the directors as being the company's

ultimate parent company.