Company Registration No. 09139101 (England and Wales)
WordlyWise Language Services Ltd
Unaudited accounts
for the year ended 31 July 2018
WordlyWise Language Services Ltd
Unaudited accounts
Contents
WordlyWise Language Services Ltd
Company Information
for the year ended 31 July 2018
Company Number
09139101 (England and Wales)
Registered Office
20-22 Wenlock Road
LONDON
N1 7GU
ENGLAND
WordlyWise Language Services Ltd
Statement of financial position
as at 31 July 2018
Tangible assets
4,749
3,110
Cash at bank and in hand
15,137
41,220
Creditors: amounts falling due within one year
(21,556)
(28,659)
Net current assets
6,885
15,004
Called up share capital
1
1
Profit and loss account
11,633
18,113
Shareholders' funds
11,634
18,114
For the year ending 31 July 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 her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 15 January 2019.
Debora Chobanian
Director
Company Registration No. 09139101
WordlyWise Language Services Ltd
Notes to the Accounts
for the year ended 31 July 2018
WordlyWise Language Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 09139101. The registered office is 20-22 Wenlock Road, LONDON, N1 7GU, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Computer equipment
25% reducing balance
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 August 2017
4,536
2,357
6,893
Additions
1,091
3,075
4,166
At 31 July 2018
5,627
5,432
11,059
At 1 August 2017
2,597
1,186
3,783
Charge for the year
1,183
1,344
2,527
At 31 July 2018
3,780
2,530
6,310
At 31 July 2018
1,847
2,902
4,749
At 31 July 2017
1,939
1,171
3,110
WordlyWise Language Services Ltd
Notes to the Accounts
for the year ended 31 July 2018
Trade debtors
13,304
2,443
6
Creditors: amounts falling due within one year
2018
2017
Taxes and social security
16,712
23,005
Loans from directors
1,797
5,392
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
8
Average number of employees
During the year the average number of employees was 1 (2017: 1).
