R J Walker (Maiden Green) Limited - Period Ending 2017-12-31
R J Walker (Maiden Green) Limited - Period Ending 2017-12-31
Registration number:
R J Walker (Maiden Green) Limited
for the Year Ended 31 December 2017
T/A Condy Mathias Chartered Accountants
6 Houndiscombe Road
Plymouth
Devon
PL4 6HH
R J Walker (Maiden Green) Limited
Contents
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Company Information |
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Accountants' Report |
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Balance Sheet |
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Notes to the Financial Statements |
R J Walker (Maiden Green) Limited
Company Information
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Director |
Mr R J Walker |
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Registered office |
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Accountants |
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Page 1 |
Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
R J Walker (Maiden Green) Limited
for the Year Ended 31 December 2017
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of R J Walker (Maiden Green) Limited for the year ended 31 December 2017 as set out on pages 3 to 5 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/en/members/regulations-standards-and-guidance/.
This report is made solely to the Board of Directors of R J Walker (Maiden Green) Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of R J Walker (Maiden Green) Limited and state those matters that we have agreed to state to the Board of Directors of R J Walker (Maiden Green) Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than R J Walker (Maiden Green) Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that R J Walker (Maiden Green) Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of R J Walker (Maiden Green) Limited. You consider that R J Walker (Maiden Green) Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of R J Walker (Maiden Green) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
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6 Houndiscombe Road
Plymouth
Devon
PL4 6HH
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Page 2 |
R J Walker (Maiden Green) Limited
(Registration number: 07466648)
Balance Sheet as at 31 December 2017
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2017 |
2016 |
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Current assets |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
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( |
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Net liabilities |
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( |
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Capital and reserves |
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Called up share capital |
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Profit and loss account |
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( |
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Total equity |
( |
( |
For the financial year ending 31 December 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
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The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.
Approved and authorised by the
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Mr R J Walker
Director
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Page 3 |
R J Walker (Maiden Green) Limited
Notes to the Financial Statements for the Year Ended 31 December 2017
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General information |
The company is a private company limited by share capital, incorporated in UK.
The address of its registered office is:
United Kingdom
The principal place of business is:
Hendra Croft
Scotland Road
Rejerrah
Newquay
TR8 5 QR
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Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
Going concern
As at the year end, the company's balance sheet shows net current liabilities and an overall deficiency of assets of £110 (2016 £3,348). Accordingly, the director has had to consider the basis upon which the accounts should be prepared and determine whether a going concern basis remains appropriate. The accounts have been prepared on the going concern basis, as the director will continue to provide financial support, when necessary, to the company. The director has reviewed the position for twelve months from the date the accounts were approved and in his opinion, the company will reduce the balance sheet deficiency and will show positive results for the next financial period.
Revenue recognition
Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.
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Page 4 |
R J Walker (Maiden Green) Limited
Notes to the Financial Statements for the Year Ended 31 December 2017
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Creditors |
Creditors: amounts falling due within one year
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2017 |
2016 |
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Due within one year |
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Trade creditors |
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Other creditors |
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Page 5 |