Warren Payne & Company Limited
Warren Payne & Company Limited
Registered number: 01898208
Unaudited Financial Statements
For The Year Ended 31 May 2017
Smith Hannah Limited
Chartered Certified Accountants
50 Woodgate
Leicester
Leicestershire
LE3 5GF
Warren Payne & Company Limited
Unaudited Financial Statements
For The Year Ended 31 May 2017
Unaudited Financial Statements
| Contents | |
| Page | |
|---|---|
| Balance Sheet | 1—2 |
| Notes to the Financial Statements | 3—4 |
Warren Payne & Company Limited
Balance Sheet
As at
31 May 2017
Balance Sheet
Registered number:
01898208
For the year ending 31 May 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
| 2017 | 2016 | ||||
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| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| Tangible Assets | 2 |
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| CURRENT ASSETS | |||||
| Cash at bank and in hand |
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| Creditors: Amounts Falling Due Within One Year | 3 |
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| NET CURRENT ASSETS (LIABILITIES) |
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| TOTAL ASSETS LESS CURRENT LIABILITIES |
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| NET ASSETS |
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| CAPITAL AND RESERVES | |||||
| Called up share capital | 4 |
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| Profit and Loss Account |
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| SHAREHOLDERS' FUNDS | 216,795 | 207,606 | |||
Page 1
Warren Payne & Company Limited
Balance Sheet (continued)
As at
31 May 2017
Directors' responsibilities:
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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 section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
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The notes on pages 3 to 4 form part of these financial statements.
Page 2
Warren Payne & Company Limited
Notes to the Unaudited Accounts
For The Year Ended 31 May 2017
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and form the rendering of services.
1.3.
Investment properties
Investment properties arel not be subject to periodic charges for depreciation.
2.
Tangible Assets
| Investment Properties | |
|---|---|
| £ | |
| Cost | |
| As at |
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| As at |
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| Net Book Value | |
| As at |
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| As at |
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3.
Creditors: Amounts Falling Due Within One Year
| 2017 | 2016 | ||
|---|---|---|---|
| £ | £ | ||
| Corporation tax |
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| Other creditors |
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4.
Share Capital
| Value | Number | 2017 | 2016 | ||
|---|---|---|---|---|---|
| Allotted, called up and fully paid | £ | £ | £ | ||
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5,000 | 5,000 | |
Page 3
Warren Payne & Company Limited
Notes to the Unaudited Accounts (continued)
For The Year Ended 31 May 2017
5.
General Information
Warren Payne & Company Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01898208 . The registered office is Hallswelle House, 1 Hallswelle Road, London, NW11 0DH.
Page 4