Relate AccountsProduction v2.1.19 v2.1.19 2017-04-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts The principal activity of the company continues to be property investment. 6 September 2018 0 0 00936558 2018-03-31 00936558 2017-03-31 00936558 2016-03-31 00936558 2017-04-01 2018-03-31 00936558 2016-04-01 2017-03-31 00936558 uk-bus:PrivateLimitedCompanyLtd 2017-04-01 2018-03-31 00936558 uk-bus:AbridgedAccounts 2017-04-01 2018-03-31 00936558 uk-core:ShareCapital 2018-03-31 00936558 uk-core:ShareCapital 2017-03-31 00936558 uk-core:RetainedEarningsAccumulatedLosses 2018-03-31 00936558 uk-core:RetainedEarningsAccumulatedLosses 2017-03-31 00936558 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2018-03-31 00936558 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2017-03-31 00936558 uk-bus:FRS102 2017-04-01 2018-03-31 00936558 uk-core:ParentEntities 2017-04-01 2018-03-31 00936558 2017-04-01 2018-03-31 00936558 uk-bus:Director1 2017-04-01 2018-03-31 00936558 uk-bus:AuditExempt-NoAccountantsReport 2017-04-01 2018-03-31 xbrli:pure iso4217:GBP xbrli:shares
Company Number: 00936558
 
 
B W C Investments Limited
 
Unaudited Abridged Financial Statements
 
for the year ended 31 March 2018
B W C Investments Limited
Company Number: 00936558
ABRIDGED BALANCE SHEET
as at 31 March 2018

2018 2017
Notes £ £
 
Fixed Assets
Tangible assets 3 28,830 28,830
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Current Assets
Debtors 755 903
Cash and cash equivalents 5,979 1,127
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6,734 2,030
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Creditors: Amounts falling due within one year (4,571) (4,820)
───────── ─────────
Net Current Assets/(Liabilities) 2,163 (2,790)
───────── ─────────
Total Assets less Current Liabilities 30,993 26,040
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Capital and Reserves
Called up share capital 1,000 1,000
Profit and Loss Account 29,993 25,040
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Equity attributable to owners of the company 30,993 26,040
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The financial statements have been prepared 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).
           
All of the members have consented to the preparation of abridged accounts in accordance with section 444(2A) of the Companies Act 2006.
           
The company has taken advantage of the exemption under section 444 not to file the Abridged Profit and Loss Account and Director's Report.
           
For the financial year ended 31 March 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
           
The director confirms that the members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 of the Companies Act 2006.
           
The director acknowledges her responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.
           
Approved by the Director and authorised for issue on 6 September 2018
           
           
________________________________          
Mrs A L Wiseman          
Director          



B W C Investments Limited
NOTES TO THE ABRIDGED FINANCIAL STATEMENTS
for the year ended 31 March 2018

   
1. GENERAL INFORMATION
 
B W C Investments Limited is a company limited by shares incorporated in United Kingdom.
         
2. ACCOUNTING POLICIES
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company’s financial statements.
 
Statement of compliance
The financial statements of the company for the year ended 31 March 2018 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
 
Basis of preparation
The financial statements have been prepared under the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets. The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Cash flow statement
The company has availed of the exemption in FRS 102 Section 1A from the requirement to prepare a Cash Flow Statement because it is classified as a small company.
 
Revenue
Revenue represents rents received during the year.
 
Investment properties
Investment property whose fair value can be measured reliably without undue cost or effort is measured at fair value with changes in fair value recognised in the Profit and Loss Account. Revalued investment properties are not depreciated or amortised, unless the fair value cannot be measured reliably or without undue cost or effort.

Not depreciating or amortising property is a departure from the requirement of Company Law to provide depreciation on all fixed assets which have a limited useful life. However, these investment properties are not held for consumption but for investment and the director considers that systematic annual depreciation would be inappropriate. The accounting policy adopted is therefore necessary for the financial statements to give a true and fair view. If depreciation were to be provided it would be provided at a rate of fifty per annum on the revalued amount.
 
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
 
Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
 
Taxation
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.
       
3. TANGIBLE FIXED ASSETS
  Investment Total
  properties  
     
  £ £
Cost
 
At 31 March 2018 51,000 51,000
  ───────── ─────────
Depreciation
 
At 31 March 2018 22,170 22,170
  ───────── ─────────
Net book value
At 31 March 2018 28,830 28,830
  ═════════ ═════════
At 31 March 2017 28,830 28,830
  ═════════ ═════════
   
4. PARENT COMPANY
 
The company regards Rubihill Limited as its parent company.