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Words Wont Do Limited
Unaudited Financial Statements
For the Period 11 March 2016 to 31 March 2017
Cunningham & Cunningham Ltd
Unaudited Financial Statements
Balance Sheet
Registered number:
10058899
|
Period to 31 March 2017 |
|
Notes |
£ |
£ |
CURRENT ASSETS |
Debtors |
4
|
20
|
|
Cash at bank and in hand |
|
320
|
|
|
|
|
|
|
340
|
|
Creditors: Amounts Falling Due Within One Year |
5
|
(8,530
)
|
|
|
|
|
NET CURRENT ASSETS (LIABILITIES) |
|
|
(8,190
)
|
|
|
|
|
TOTAL ASSETS LESS CURRENT LIABILITIES |
|
|
(8,190
)
|
|
|
|
|
NET ASSETS |
|
|
(8,190
)
|
|
|
|
|
CAPITAL AND RESERVES |
Called up share capital |
6
|
|
20
|
Profit and loss account |
|
|
(8,210
)
|
|
|
|
|
SHAREHOLDERS' FUNDS |
|
|
(8,190)
|
|
|
|
|
For the period ending 31 March 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
-
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
- The Company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the Profit and Loss Account
On behalf of the board
Page 1
The notes on pages 4 to 5 form part of these financial statements.
Page 2
Statement of Changes in Equity
|
Share Capital |
Profit & Loss Account |
Total |
|
£ |
£ |
£ |
As at 11 March 2016 |
20
|
-
|
20
|
Loss for the period and total comprehensive income |
-
|
(8,210
)
|
(8,210)
|
|
|
|
|
As at 31 March 2017 |
20
|
(8,210
)
|
(8,190)
|
|
|
|
|
Page 3
Notes to the Unaudited Accounts
1.
Accounting Policies
1.1.
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
1.2.
Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account. The notes which are not included have been hidden but original note numbering has remained the same for those that are present.
3.
Average number of employees
Average number of employees, including directors, during the year was as follows:
|
Period to 31 March 2017 |
Office and administration |
2
|
|
|
|
2
|
|
|
4.
Debtors
|
Period to 31 March 2017 |
|
£ |
Due within one year |
Other debtors |
20
|
|
|
|
20
|
|
|
5.
Creditors: Amounts Falling Due Within One Year
|
Period to 31 March 2017 |
|
£ |
Trade creditors |
540
|
Accruals and deferred income |
1,440
|
Directors' loan accounts |
6,550
|
|
|
|
8,530
|
|
|
Page 4
6.
Share Capital
|
Value |
Number |
Period to 31 March 2017 |
Allotted, called up and fully paid |
£ |
|
£ |
Ordinary A shares
|
0.010
|
1782
|
18
|
|
|
|
|
Ordinary B shares
|
0.010
|
218
|
2
|
|
|
|
|
|
|
|
|
|
|
|
|
2000
|
20
|
|
|
|
|
7.
Ultimate Controlling Party
The company's ultimate controlling party is Mr Gayner and Mr Williams, the directors, by virtue of thier ownership of 89.1% of the issued share capital in the company.
Page 5