Watson Wealth Management Limited - Accounts to registrar (filleted) - small 17.3

Watson Wealth Management Limited - Accounts to registrar (filleted) - small 17.3


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REGISTERED NUMBER: 07633687 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2017

for

Watson Wealth Management Limited

Watson Wealth Management Limited (by shares) (Registered number: 07633687)






Contents of the Financial Statements
for the year ended 31 March 2017




Page

Balance Sheet 1


Watson Wealth Management Limited (by shares) (Registered number: 07633687)

Balance Sheet
31 March 2017

2017 2016
as restated
£    £    £    £   
FIXED ASSETS 589,285 737,587

CURRENT ASSETS 348,303 113,007

CREDITORS
Amounts falling due within one year (104,452 ) (241,358 )
NET CURRENT ASSETS/(LIABILITIES) 243,851 (128,351 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

833,136

609,236

CREDITORS
Amounts falling due after more than one
year

59,792

90,718
NET ASSETS 773,344 518,518

CAPITAL AND RESERVES 773,344 518,518

NOTES TO THE FINANCIAL STATEMENTS

1. AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 4 .

2. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2017 and
31 March 2016:

2017 2016
as restated
£    £   
D C Watson
Balance outstanding at start of year (161,677 ) (466,828 )
Amounts advanced 360,996 370,445
Amounts repaid (112,802 ) (65,294 )
Balance outstanding at end of year 86,517 (161,677 )

The outstanding balance was repaid in full after the year end.



Watson Wealth Management Limited (by shares) (Registered number: 07633687)

Balance Sheet - continued
31 March 2017


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 1 June 2017 and were signed by:





D C Watson - Director