Woodham Associates Limited - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 06841767 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2017

FOR

WOODHAM ASSOCIATES LIMITED

Page

Company information

1

Statement of financial position

2

Notes to the financial statements

3

DIRECTORS:

S A Crick

M J Fuller

P D Smith

SECRETARY:

Rapid Business Services Limited

REGISTERED OFFICE:

2nd Floor, Romy House

163-167 Kings Road

Brentwood

Essex

CM14 4EG

REGISTERED NUMBER:

06841767 (England and Wales)

ACCOUNTANTS:

Marriotts Associates

2nd Floor, Romy House

163-167 Kings Road

Brentwood

Essex

CM14 4EG

CURRENT ASSETS

Debtors

4

73,718

136,691

Cash at bank

24,999

5,276

98,717

141,967

CREDITORS

Amounts falling due within one year

5

54,723

84,552

NET CURRENT ASSETS

43,994

57,415

TOTAL ASSETS LESS CURRENT LIABILITIES

43,994

57,415

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

43,992

57,413

SHAREHOLDERS' FUNDS

43,994

57,415

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2017 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 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 Board of Directors on 22 January 2018 and were signed on its behalf by:

S A Crick - Director

1.	STATUTORY INFORMATION

Woodham Associates Limited is a private company, limited by shares , registered in England and Wales. The

company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

statement of financial position 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the

lease.

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 .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade debtors

68,409

136,691

Other debtors

5,309

-

73,718

136,691

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade creditors

53,146

76,976

Taxation and social security

642

7,126

Other creditors

935

450

54,723

84,552