Iain Willcox Limited - Accounts to registrar (filleted) - small 18.2

Iain Willcox Limited - Accounts to registrar (filleted) - small 18.2

IAIN WILLCOX LIMITED - Company Information

Print Friendly Version

IRIS Accounts Production v18.3.1.72 09913638 director 1.1.18 31.12.18 31.12.18 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure099136382017-12-31099136382018-12-31099136382018-01-012018-12-31099136382016-12-31099136382017-01-012017-12-31099136382017-12-3109913638ns14:PoundSterling2018-01-012018-12-3109913638ns10:Director12018-01-012018-12-3109913638ns10:PrivateLimitedCompanyLtd2018-01-012018-12-3109913638ns10:SmallEntities2018-01-012018-12-3109913638ns10:AuditExempt-NoAccountantsReport2018-01-012018-12-3109913638ns10:SmallCompaniesRegimeForDirectorsReport2018-01-012018-12-3109913638ns10:SmallCompaniesRegimeForAccounts2018-01-012018-12-3109913638ns10:AbridgedAccounts2018-01-012018-12-3109913638ns10:OrdinaryShareClass12018-01-012018-12-3109913638ns10:RegisteredOffice2018-01-012018-12-3109913638ns5:CurrentFinancialInstruments2018-12-3109913638ns5:CurrentFinancialInstruments2017-12-3109913638ns5:ShareCapital2018-12-3109913638ns5:ShareCapital2017-12-3109913638ns5:RetainedEarningsAccumulatedLosses2018-12-3109913638ns5:RetainedEarningsAccumulatedLosses2017-12-3109913638ns5:PlantMachinery2018-01-012018-12-3109913638ns5:ComputerEquipment2018-01-012018-12-3109913638ns5:DeferredTaxation2017-12-3109913638ns5:DeferredTaxation2018-01-012018-12-3109913638ns5:DeferredTaxation2018-12-3109913638ns10:OrdinaryShareClass12018-12-31


REGISTERED NUMBER: 09913638















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2018

FOR

IAIN WILLCOX LIMITED
Richards Associates Limited
Chartered Accountants
North Lodge
Hawkesyard
Armitage Lane
Rugeley
Staffordshire
WS15 1PS








IAIN WILLCOX LIMITED (REGISTERED NUMBER: 09913638)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2018




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


IAIN WILLCOX LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2018







DIRECTOR: I Willcox





REGISTERED OFFICE: 35 Wattfield Close
Rugeley
Staffordshire
WS15 1ER





REGISTERED NUMBER: 09913638





ACCOUNTANT: Richards Associates Limited
Chartered Accountants
North Lodge
Hawkesyard
Armitage Lane
Rugeley
Staffordshire
WS15 1PS
Page 1
IAIN WILLCOX LIMITED (REGISTERED NUMBER: 09913638)

ABRIDGED BALANCE SHEET
31 DECEMBER 2018

31.12.18 31.12.17
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 929 1,838

CURRENT ASSETS
Debtors 9,724 19,237
Cash at bank 27,216 30,139
36,940 49,376
CREDITORS
Amounts falling due within one year 24,498 24,049
NET CURRENT ASSETS 12,442 25,327
TOTAL ASSETS LESS CURRENT
LIABILITIES
13,371
27,165

PROVISIONS FOR LIABILITIES 5 176 368
NET ASSETS 13,195 26,797

CAPITAL AND RESERVES
Called up share capital 6 100 100
Retained earnings 13,095 26,697
SHAREHOLDERS' FUNDS 13,195 26,797

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 notes form part of these financial statements

Page 2 continued...
IAIN WILLCOX LIMITED (REGISTERED NUMBER: 09913638)

ABRIDGED BALANCE SHEET - continued
31 DECEMBER 2018


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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 December 2018 in accordance with Section 444(2A) of the Companies Act 2006.

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 30 January 2019 and were signed by:





I Willcox - Director


The notes form part of these financial statements

Page 3
IAIN WILLCOX LIMITED (REGISTERED NUMBER: 09913638)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2018

1. STATUTORY INFORMATION

Iain Willcox Limited is a private company, limited by shares , registered in Not specified/Other. 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 the 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.
Plant and machinery - 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2017 - 1 ) .

Page 4 continued...
IAIN WILLCOX LIMITED (REGISTERED NUMBER: 09913638)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2018

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2018 3,348
Additions 291
At 31 December 2018 3,639
DEPRECIATION
At 1 January 2018 1,510
Charge for year 1,200
At 31 December 2018 2,710
NET BOOK VALUE
At 31 December 2018 929
At 31 December 2017 1,838

5. PROVISIONS FOR LIABILITIES
31.12.18 31.12.17
£    £   
Deferred tax 176 368

Deferred
tax
£   
Balance at 1 January 2018 368
Credit to Abridged Income Statement during year (192 )
Balance at 31 December 2018 176

6. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 31.12.18 31.12.17
value: £    £   
100 Ordinary £1.00 100 100

7. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is I Willcox.

Page 5