Wallis Marketing Limited - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 02821561 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH NOVEMBER 2017

FOR

WALLIS MARKETING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

J K Wallis

Mrs B A Wallis

SECRETARY:

Mrs B A Wallis

REGISTERED OFFICE:

5 Beaumont Gate

Shenley Hill

Radlett

Hertfordshire

WD7 7AR

REGISTERED NUMBER:

02821561 (England and Wales)

ACCOUNTANTS:

Nagler Simmons

Chartered Accountants

5 Beaumont Gate

Shenley Hill

Radlett

Hertfordshire

WD7 7AR

FIXED ASSETS

Tangible assets

4

198

264

CURRENT ASSETS

Debtors

5

10,026

10,026

Cash at bank and in hand

12,766

16,362

22,792

26,388

CREDITORS

Amounts falling due within one year

6

44,066

56,851

NET CURRENT LIABILITIES

(21,274

)

(30,463

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(21,076

)

(30,199

)

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

(21,276

)

(30,399

)

SHAREHOLDERS' FUNDS

(21,076

)

(30,199

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th November 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th November 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors on 13th June 2018 and were signed on its behalf by:

J K Wallis - Director

1.	STATUTORY INFORMATION

Wallis Marketing 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.

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.

The financial statements have been prepared on a going concern basis which assumes that the company will

continue in operational existence for the foreseeable future having adequate funds to meet its liabilities as they

fall due, despite the existence of net current liabilities.

The validity of this assumption depends on the continued provision of adequate facilities by the company's

directors/ shareholders and that the amount of loans , included within creditors ,will not be demanded until

sufficient liquidity allows.

Accordingly the directors consider that it is appropriate for the financial statements to be prepared on the going

concern basis.

Turnover

Turnover represents net invoiced goods and services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st December 2016

and 30th November 2017

25,530

DEPRECIATION

At 1st December 2016

25,266

Charge for year

66

At 30th November 2017

25,332

NET BOOK VALUE

At 30th November 2017

198

At 30th November 2016

264

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.17

30.11.16

£

£

Other debtors

10,026

10,026

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.17

30.11.16

£

£

Trade creditors

335

335

Taxation and social security

31,089

25,517

Other creditors

12,642

30,999

44,066

56,851