Company Registration No. SC163370 (Scotland)
Wonderlust Productions Limited
Unaudited accounts
for the year ended 28 February 2018
Wonderlust Productions Limited
Statement of Financial Position
as at 28 February 2018
Creditors: amounts falling due within one year
(18,283)
(17,346)
Net current liabilities
(17,778)
(16,746)
Total assets less current liabilities
(17,355)
(15,970)
Creditors: amounts falling due after more than one year
(270,610)
(264,559)
Net liabilities
(287,965)
(280,529)
Capital and reserves
(287,965)
(280,529)
1 Director's advances, credit and guarantees
Creditors due after more than one year comprise amounts owed to Mr. D Galbraith, the Company's director. No fixed interest rates or repayment terms apply, but Mr Galbraith has undertaken not to call for repayment of the amounts before 1 March 2019.
The micro entity accounts have been prepared on a going concern basis which presumes that the Company will continue to trade for the foreseeable future. This is dependent on the continued support of the major creditor, who is the Company's sole director. In the opinion of the director it is appropriate to prepare the financial statements on a going concern basis.
2 Average number of employees
During the year the average number of employees was 0 (2017: 0).
For the year ending 28 February 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and FRS 105, The Financial Reporting Standard applicable to the Micro-entities Regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the board on 9 November 2018
D Galbraith
Director
Company Registration No. SC163370
