The Will Zone Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06834148 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2018

for

THE WILL ZONE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

M C Williams

REGISTERED OFFICE:

1 Roath Court Road

Cardiff

Cardif

CF24 3SB

REGISTERED NUMBER:

06834148 (England and Wales)

FIXED ASSETS

Tangible assets

4

1,011

584

CURRENT ASSETS

Debtors

5

10,600

10,600

Cash at bank

3,956

5,436

14,556

16,036

CREDITORS

Amounts falling due within one year

6

(7,902

)

(5,419

)

NET CURRENT ASSETS

6,654

10,617

TOTAL ASSETS LESS CURRENT LIABILITIES

7,665

11,201

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

8

7,565

11,101

SHAREHOLDERS' FUNDS

7,665

11,201

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 12 December 2018 and were signed by:

M C Williams - Director

1.	STATUTORY INFORMATION

The Will Zone 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding

discounts, rebates, value added tax and other sales taxes.

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

-

50% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income

Statement, except to the extent that it relates to items recognised in other comprehensive

income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that

have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not

reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in

periods different from those in which they are recognised in financial statements. Deferred

tax is measured using tax rates and laws that have been enacted or substantively enacted

by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it

is probable that they will be recovered against the reversal of deferred tax liabilities or other

future taxable profits.

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2017

1,169

Additions

1,213

At 31 March 2018

2,382

DEPRECIATION

At 1 April 2017

585

Charge for year

786

At 31 March 2018

1,371

NET BOOK VALUE

At 31 March 2018

1,011

At 31 March 2017

584

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Other debtors

10,600

10,600

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Taxation and social security

3,700

1,968

Other creditors

4,202

3,451

7,902

5,419

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2018

2017

value:

£

£

100

Ordinary

1

100

100

8.

RESERVES

Retained

earnings

£

At 1 April 2017

11,101

Profit for the year

6,464

Dividends

(10,000

)

At 31 March 2018

7,565