WSE West Holcombe Limited - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 08524134 (England and Wales)

WSE WEST HOLCOMBE LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2017

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Chartered Accountants' Report

5

DIRECTORS:

A L Kerr

R C Owen

J W Wearmouth

M N Armstrong

C E P Blundred

J R Wearmouth

R W Wearmouth

SECRETARY:

Hardie Caldwell Secretaries Ltd.

REGISTERED OFFICE:

Barmoor Farm House

Barmoor

Morpeth

Northumberland

NE61 6LB

REGISTERED NUMBER:

08524134 (England and Wales)

ACCOUNTANTS:

Hardie Caldwell LLP

Chartered Accountants

Citypoint 2

25 Tyndrum Street

Glasgow

G4 0JY

FIXED ASSETS

Tangible assets

4

-

260,769

CREDITORS

Amounts falling due within one year

5

4,663

265,432

NET CURRENT LIABILITIES

(4,663

)

(265,432

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(4,663

)

(4,663

)

CAPITAL AND RESERVES

Called up share capital

6

1

1

Retained earnings

(4,664

)

(4,664

)

SHAREHOLDERS' FUNDS

(4,663

)

(4,663

)

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

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

M N Armstrong - Director

1.	STATUTORY INFORMATION

WSE West Holcombe Limited is a private company, limited by shares, registered in England and Wales. The

company's registered number is 08524134 and its registered office is Barmoor Farm House, Barmoor, Morpeth,

NE61 6LB.

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.

This is the first year in which the financial statements have been prepared under FRS 102. The transition from

preparing the financial statements in accordance with FRSSE (2015) to FRS 102 (1A) has had no material

impact on either the financial position or the financial performance as previously reported by the company.

Going concern

The company received working capital support from its parent company. The company's directors believe this

will continue. Thus they continue to adopt the going concern basis of preparing these financial statements.

Tangible fixed assets

The assets will not be depreciated until the site development has been completed.

Financial instruments

Creditors

Other creditors are recognised where the company has a present obligation resulting from a past event and are

recognised at the settlement amount due after allowing for any trade discounts due.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2016 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

At 1 September 2016

260,769

Disposals

(260,769

)

At 31 August 2017

-

NET BOOK VALUE

At 31 August 2017

-

At 31 August 2016

260,769

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Other creditors

4,663

265,432

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2017

2016

value:

£

£

1

Ordinary

£1

1

1

After the year end the share capital was redesignated to 20 ordinary 5p shares. It was then increased to £10 being

200 ordinary 5p shares.

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file

a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the

Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of WSE West Holcombe Limited for the year ended 31 August 2017 which comprise the Income

Statement, Other Comprehensive Income, Balance Sheet, Statement of Changes in Equity and the related notes from the

company's accounting records and from information and explanations you have given us.

As a practising member firm of ICAS, we are subject to its ethical and other professional requirements which are detailed at http://www.icas.com/accountspreparationguidance.

This report is made solely to the Board of Directors of WSE West Holcombe Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of WSE West Holcombe Limited and state those matters that we have agreed to state to the Board of Directors of WSE West Holcombe Limited, as a body, in this report in accordance with the requirements of ICAS as detailed at http://www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that WSE West Holcombe Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of WSE West Holcombe Limited. You consider that WSE West Holcombe 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 financial statements of WSE West Holcombe 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 financial statements.

Hardie Caldwell LLP

Chartered Accountants

Citypoint 2

25 Tyndrum Street

Glasgow

G4 0JY

31 May 2018