Wrightmans Plans Limited - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 06210772 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2018

FOR

WRIGHTMANS PLANS LIMITED

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

5

DIRECTORS:

E J Golga

B Khademi

SECRETARY:

E J Golga

REGISTERED OFFICE:

Winsor & Newton Building

Whitefriars Avenue

Harrow

Middlesex

HA3 5RN

REGISTERED NUMBER:

06210772 (England and Wales)

ACCOUNTANTS:

The LK Partnership LLP

Rowan House

Hill End Lane

St Albans

Hertfordshire

AL4 0RA

BANKERS:

The Co-Operative Bank Plc

PO Box 101

1 Balloon Street

Manchester

M60 4EP

FIXED ASSETS

Tangible assets

4

639

1,036

CURRENT ASSETS

Debtors

5

10,024

17,765

Cash at bank and in hand

97,692

101,535

107,716

119,300

CREDITORS

Amounts falling due within one year

6

56,488

69,611

NET CURRENT ASSETS

51,228

49,689

TOTAL ASSETS LESS CURRENT LIABILITIES

51,867

50,725

PROVISIONS FOR LIABILITIES

20

76

NET ASSETS

51,847

50,649

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

51,747

50,549

SHAREHOLDERS' FUNDS

51,847

50,649

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 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 11 June 2018 and were signed on its behalf by:

E J Golga - Director

B Khademi - Director

1.	STATUTORY INFORMATION

Wrightmans Plans 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.

Turnover

Turnover represents net invoiced sales of 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.

Fixtures and fittings

-

25% on cost

Computer equipment

-

33% 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the

lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2017 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 April 2017

and 31 March 2018

9,209

9,253

18,462

DEPRECIATION

At 1 April 2017

9,209

8,217

17,426

Charge for year

-

397

397

At 31 March 2018

9,209

8,614

17,823

NET BOOK VALUE

At 31 March 2018

-

639

639

At 31 March 2017

-

1,036

1,036

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade debtors

6,517

14,292

Other debtors

3,507

3,473

10,024

17,765

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade creditors

62

1,031

Taxation and social security

19,024

22,711

Other creditors

37,402

45,869

56,488

69,611

7.	ULTIMATE CONTROLLING PARTY

The company has been controlled throughout the year by the directors who together own all of the shares of the

company.