The_Working_Holiday_Club_ - Accounts

THE WORKING HOLIDAY CLUB LIMITED - Company Information

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The Working Holiday Club Limited

Unaudited Abbreviated Accounts

For the year ended 30 November 2016

Company Registration No. 07517791 (England and Wales)

The Working Holiday Club Limited

Abbreviated Balance Sheet

As at 30 November 2016

Page 1

2016

2015

Notes

Fixed assets

Tangible assets

394

643

Current assets

Debtors

7,571

5,248

Cash at bank and in hand

14,433

5,345

22,004

10,593

Creditors: amounts falling due within one year

(10,756)

(6,675)

Net current assets

11,248

3,918

Total assets less current liabilities

11,642

4,561

Capital and reserves

Called up share capital

100

Profit and loss account

11,542

4,461

Shareholders' funds

11,642

4,561

For the financial year ended 30 November 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit.

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 22 September 2017

Mr A Boardman

Director

Company Registration No. 07517791

The Working Holiday Club Limited

Notes to the Abbreviated Accounts

For the year ended 30 November 2016

Page 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 services.

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

33.33% straight line

Fixed assets

Tangible assets

Cost

At 1 December 2015 & at 30 November 2016

1,589

Depreciation

At 1 December 2015

946

Charge for the year

249

At 30 November 2016

1,195

Net book value

At 30 November 2016

394

At 30 November 2015

643

Share capital

2016

2015

Allotted, called up and fully paid

100 Ordinary shares of £1 each

100

The Working Holiday Club Limited

Notes to the Abbreviated Accounts (Continued)

For the year ended 30 November 2016

Page 3

Control

The ultimate controlling party is Ms N Herregods due to her majority shareholding.

Related party relationships and transactions

Loans to directors

During the period the following balances were due from the directors:

Description

% Rate

Opening Balance

Amounts Advanced

Interest Charged

Amounts Repaid

Closing Balance

Mr A Boardman

462

Other transactions

During the period £nil (2015: £4,863) of management charges were incurred from a connected company The Working Holiday Club Pty under the control of the director, Ms N Herregods.