Peter Wheeler Limited - Filleted accounts

PETER WHEELER LIMITED - Company Information

Registered number

09051503

Peter Wheeler Limited

Filleted Accounts

31 May 2017

Peter Wheeler Limited
Registered number:		09051503
Balance Sheet
as at 31 May 2017

Notes			2017			2016
£				£
Current assets
Cash at bank and in hand		45,197			32,645

Creditors: amounts falling due within one year	2	(25,785)			(21,099)

Net current assets			19,412			11,546

Net assets			19,412			11,546

Capital and reserves
Called up share capital			100			100
Profit and loss account			19,312			11,446

Shareholder's funds			19,412			11,546

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




P Wheeler
Director
Approved by the board on 16 February 2018

Peter Wheeler Limited
Notes to the Accounts
for the year ended 31 May 2017


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover comprises revenue earned from the rendering of services.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments.


2	Creditors: amounts falling due within one year	2017		2016
£			£

	Taxation and social security costs	4,740		7,290
	Other creditors	21,045		13,809
		25,785		21,099


3	Controlling party

	The company is controlled by its director.


4	Other information

	Peter Wheeler Limited is a private company limited by shares and incorporated in England. Its registered office is:
	5-6 George Street
	St Albans
	AL3 4ER

Peter Wheeler Limited 09051503 false 2016-06-01 2017-05-31 2017-05-31 VT Final Accounts September 2017 P Wheeler No description of principal activity 09051503 core:WithinOneYear 2016-05-31 09051503 core:ShareCapital 2016-05-31 09051503 core:RetainedEarningsAccumulatedLosses 2016-05-31 09051503 2016-06-01 2017-05-31 09051503 bus:PrivateLimitedCompanyLtd 2016-06-01 2017-05-31 09051503 bus:AuditExempt-NoAccountantsReport 2016-06-01 2017-05-31 09051503 bus:Director40 2016-06-01 2017-05-31 09051503 1 2016-06-01 2017-05-31 09051503 2 2016-06-01 2017-05-31 09051503 countries:England 2016-06-01 2017-05-31 09051503 bus:FRS102 2016-06-01 2017-05-31 09051503 bus:FullAccounts 2016-06-01 2017-05-31 09051503 2017-05-31 09051503 core:WithinOneYear 2017-05-31 09051503 core:ShareCapital 2017-05-31 09051503 core:RetainedEarningsAccumulatedLosses 2017-05-31 09051503 2016-05-31 iso4217:GBP