Wynmount Limited - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 01383543 (England and Wales)

Financial Statements for the Year Ended 24 June 2017

for

Wynmount Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

A M Tunkel

SECRETARY:

E S Pratt BSc MRICS

REGISTERED OFFICE:

231 Woodhouse Road

Friern Barnet

London

N12 9BD

REGISTERED NUMBER:

01383543 (England and Wales)

ACCOUNTANTS:

Graeme Bruce & Partners

Chartered Accountants

911 Green Lanes

London

N21 2QP

FIXED ASSETS

Tangible assets

3

23,750

23,750

CURRENT ASSETS

Debtors

4

5,509

5,974

Cash at bank and in hand

36,228

56,644

41,737

62,618

CREDITORS

Amounts falling due within one year

5

720

720

NET CURRENT ASSETS

41,017

61,898

TOTAL ASSETS LESS CURRENT LIABILITIES

64,767

85,648

RESERVES

Other reserves

5,000

5,000

Income and expenditure account

59,767

80,648

64,767

85,648

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 24 June 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 24 June 2017 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 surplus or deficit 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 November 2017 and were signed by:

A M Tunkel - Director

1.	STATUTORY INFORMATION

Wynmount Limited is a private company, limited by guarantee , 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 each asset over its estimated useful life.

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.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

At 25 June 2016

and 24 June 2017

25,000

DEPRECIATION

At 25 June 2016

and 24 June 2017

1,250

NET BOOK VALUE

At 24 June 2017

23,750

At 24 June 2016

23,750

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

24.6.17

24.6.16

£

£

Other debtors

5,509

5,974

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

24.6.17

24.6.16

£

£

Other creditors

720

720

6.	SHARE CAPITAL

This company is limited by guarantee and does not have a share capital. Individual tenants subscribe by way of

members deposits, and then make regular agreed contributions to the running of the company.