NWC & Associates Ltd - Period Ending 2017-12-31

Registration number: 05661392

NWC & Associates Ltd

Annual Report and Unaudited Financial Statements

for the Year Ended 31 December 2017

NWC & Associates Ltd

Contents

Balance Sheet	1
Notes to the Financial Statements	2

NWC & Associates Ltd

(Registration number: 05661392)
Balance Sheet as at 31 December 2017

	Note	2017 £	2016 £
Current assets
Debtors	4	1	1
Capital and reserves
Called up share capital		1	1
Total equity		1	1

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.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their 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 Board on 4 June 2018 and signed on its behalf by:
 

.........................................

M W Chambers

Director

The notes on page 2 form an integral part of these financial statements.

Page 1

NWC & Associates Ltd

Notes to the Financial Statements for the Year Ended 31 December 2017

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
31A Charnham Street
Hungerford
Berkshire
RG17 0EJ
England

2	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.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 1 (2016 - 1).

4

Debtors

	2017 £	2016 £
Other debtors	1	1
	1	1

5	Transition to FRS 102

There were no changes required as a result of transition to FRS 102.

Page 2