Water, Waste & Environmental Ltd - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 07347826 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2017

FOR

WATER, WASTE & ENVIRONMENTAL LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mrs G L Davies - Roche

REGISTERED OFFICE:

36a Station Road

New Milton

Hampshire

BH25 6JX

REGISTERED NUMBER:

07347826 (England and Wales)

ACCOUNTANTS:

David Shores & Co Ltd

36a Station Road

New Milton

Hampshire

BH25 6JX

FIXED ASSETS

Intangible assets

4

1,795

2,095

CURRENT ASSETS

Debtors

5

82,074

47,868

Cash at bank

2,604

-

84,678

47,868

CREDITORS

Amounts falling due within one year

6

86,365

52,484

NET CURRENT LIABILITIES

(1,687

)

(4,616

)

TOTAL ASSETS LESS CURRENT LIABILITIES

108

(2,521

)

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

107

(2,522

)

SHAREHOLDERS' FUNDS

108

(2,521

)

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 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director on 30 May 2018 and were signed by:

Mrs G L Davies - Roche - Director

1.	STATUTORY INFORMATION

Water, Waste & Environmental Ltd 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.

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 represents the net sales of goods and services excluding Value Added Tax.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost

less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of ten years.

Patents and licences

Amortisation over 10 years.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2016 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 September 2016

and 31 August 2017

2,995

AMORTISATION

At 1 September 2016

900

Charge for year

300

At 31 August 2017

1,200

NET BOOK VALUE

At 31 August 2017

1,795

At 31 August 2016

2,095

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade debtors

-

3,282

Other debtors

82,074

44,586

82,074

47,868

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Bank loans and overdrafts

-

77

Trade creditors

1,800

2,858

Amounts owed to group undertakings

-

23,370

Taxation and social security

37,369

24,082

Other creditors

47,196

2,097

86,365

52,484

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2017 and

31 August 2016:

2017

2016

£

£

Mrs G L Davies - Roche

Balance outstanding at start of year

38,861

20,965

Amounts advanced

25,096

27,202

Amounts repaid

-

(9,306

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

63,957

38,861

Interest is charged on this loan at the rate of 3% per annum.

8.	ULTIMATE CONTROLLING PARTY

The controlling party is Mrs G L Davies - Roche.