WMF FM SERVICES LIMITED - Limited company accounts 16.3
WMF FM SERVICES LIMITED - Limited company accounts 16.3
REGISTERED NUMBER: |
Report of the Director and |
Unaudited Financial Statements for the Year Ended 31 January 2017 |
for |
WMF FM SERVICES LIMITED |
WMF FM SERVICES LIMITED (Registered number: SC496335) |
Contents of the Financial Statements |
for the Year Ended 31 January 2017 |
Page |
Company Information | 1 |
Report of the Director | 2 |
Chartered Accountants' Report | 3 |
Income Statement | 4 |
Balance Sheet | 5 |
Notes to the Financial Statements | 6 |
WMF FM SERVICES LIMITED |
Company Information |
for the Year Ended 31 January 2017 |
DIRECTOR: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
CHARTERED ACCOUNTANTS |
13/15 STRATHMORE HOUSE |
TOWN CENTRE |
EAST KILBRIDE |
GLASGOW |
G74 1LF |
WMF FM SERVICES LIMITED (Registered number: SC496335) |
Report of the Director |
for the Year Ended 31 January 2017 |
The director presents his report with the financial statements of the company for the year ended 31 January 2017. |
PRINCIPAL ACTIVITY |
The principal activity of the company in the year under review was that of facilities management consultants. |
DIRECTOR |
This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small |
companies. |
ON BEHALF OF THE BOARD: |
Chartered Accountants' Report to the Director |
on the Unaudited Financial Statements of |
WMF FM SERVICES LIMITED |
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the |
financial statements of WMF FM SERVICES LIMITED for the year ended 31 January 2017 which comprise the Income |
Statement, Balance Sheet and the related notes from the company's accounting records and from information and |
explanations you have given us. |
As a practising member firm of the Institute of Chartered Accountants of Scotland, we are subject to its ethical and other professional requirements which are detailed at http://www.icas.org.uk/accountspreparationguidance. |
This report is made solely to the director of WMF FM SERVICES LIMITED in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of WMF FM SERVICES LIMITED and state those matters that we have agreed to state to the director of WMF FM SERVICES LIMITED in this report in accordance with the requirements of the Institute of Chartered Accountants of Scotland as detailed at http://www.icas.org.uk/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report. |
It is your duty to ensure that WMF FM SERVICES LIMITED has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of WMF FM SERVICES LIMITED. You consider that WMF FM SERVICES LIMITED is exempt from the statutory audit requirement for the year. |
We have not been instructed to carry out an audit or a review of the financial statements of WMF FM SERVICES LIMITED. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements. |
CHARTERED ACCOUNTANTS |
13/15 STRATHMORE HOUSE |
TOWN CENTRE |
EAST KILBRIDE |
GLASGOW |
G74 1LF |
WMF FM SERVICES LIMITED (Registered number: SC496335) |
Income Statement |
for the Year Ended 31 January 2017 |
Period |
29.1.15 |
Year Ended | to |
31.1.17 | 31.1.16 |
Notes | £ | £ |
TURNOVER |
Administrative expenses |
OPERATING PROFIT and |
PROFIT BEFORE TAXATION |
Tax on profit |
PROFIT FOR THE FINANCIAL YEAR |
WMF FM SERVICES LIMITED (Registered number: SC496335) |
Balance Sheet |
31 January 2017 |
31.1.17 | 31.1.16 |
Notes | £ | £ |
CURRENT ASSETS |
Debtors | 4 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 5 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
SHAREHOLDERS' FUNDS |
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 were approved by the director on |
WMF FM SERVICES LIMITED (Registered number: SC496335) |
Notes to the Financial Statements |
for the Year Ended 31 January 2017 |
1. | STATUTORY INFORMATION |
WMF FM SERVICES LIMITED is a |
registered number and registered office address can be found on the Company Information page. |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, |
value added tax and other sales taxes. |
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 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. |
Pension costs and other post-retirement benefits |
The company operates a defined contribution pension scheme. Contributions payable to the company's pension |
scheme are charged to profit or loss in the period to which they relate. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.1.17 | 31.1.16 |
£ | £ |
Other debtors |
WMF FM SERVICES LIMITED (Registered number: SC496335) |
Notes to the Financial Statements - continued |
for the Year Ended 31 January 2017 |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.1.17 | 31.1.16 |
£ | £ |
Taxation and social security |
Other creditors |
6. | ULTIMATE CONTROLLING PARTY |
The controlling party is W Ferguson. |
The ultimate controlling party is |