Woking Limited - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 05512322 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2017

FOR

WOKING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Ms R J Noel-Bradburn

SECRETARY:

Jordan Cosec Limited

REGISTERED OFFICE:

First Floor Templeback

10 Temple Back

Bristol

BS1 6FL

REGISTERED NUMBER:

05512322 (England and Wales)

ACCOUNTANTS:

Jordans Accounting Services

First Floor, Templeback

10 Temple back

Bristol

BS1 6FL

BANKERS:

Barclays Bank Plc

PO Box 391

Bowater House

68 Knightsbridge

London

SW1X 7NT

CURRENT ASSETS

Debtors

4

3,067

2,435

Cash at bank

237

1,574

3,304

4,009

CREDITORS

Amounts falling due within one year

5

(56,017

)

(51,874

)

NET CURRENT LIABILITIES

(52,713

)

(47,865

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(52,713

)

(47,865

)

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

(52,714

)

(47,866

)

SHAREHOLDERS' FUNDS

(52,713

)

(47,865

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 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 16 May 2018 and were signed by:

Ms R J Noel-Bradburn - Director

1.	STATUTORY INFORMATION

Woking 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.

Financial instruments

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12

'Other Financial Instruments Issues' of FRS102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the

contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is

a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to

realise the asset and settle the liability simultaneously.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual

arrangements entered into.

Basic financial liabilities

Basic financial liabilities, including creditors, and loans from fellow group companies are initially recognised at

transaction price.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of

business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or

less. If not, they are presented as non-current liabilities. Trade creditors are initially recognised at transaction

price.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the

balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at

the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/7/17

31/7/16

£

£

VAT

682

-

Prepayments and accrued income

2,385

2,435

3,067

2,435

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/7/17

31/7/16

£

£

Trade creditors

480

3,786

VAT

-

602

Other creditors

51,482

43,431

Loan - shareholder

3,465

3,465

Accrued expenses

590

590

56,017

51,874

Shareholder's loan is being interest free, unsecured and repayable on demand.