Company Registration No. 09535092 (England and Wales)
WKC GROUP LIMITED
Unaudited accounts
for the year ended 31 December 2021
WKC GROUP LIMITED
Unaudited accounts
Contents
WKC GROUP LIMITED
Company Information
for the year ended 31 December 2021
Directors
Ian Mark James
Stuart Lee
Company Number
09535092 (England and Wales)
Registered Office
85 Great Portland Street
London
W1W 7LT
WKC GROUP LIMITED
Statement of financial position
as at 31 December 2021
Cash at bank and in hand
13,093
30,923
Creditors: amounts falling due within one year
(23,303)
(10,788)
Net current assets
12,810
65,787
Total assets less current liabilities
12,810
66,199
Creditors: amounts falling due after more than one year
(39,167)
(50,000)
Provisions for liabilities
Net (liabilities)/assets
(27,607)
16,199
Called up share capital
500
500
Profit and loss account
(28,107)
15,699
Shareholders' funds
(27,607)
16,199
For the year ending 31 December 2021 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 directors acknowledge their 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.
The financial statements were approved by the Board of Directors and authorised for issue on 25 July 2022 and were signed on its behalf by
Ian Mark James
Director
Company Registration No. 09535092
WKC GROUP LIMITED
Notes to the Accounts
for the year ended 31 December 2021
WKC GROUP LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09535092. The registered office is 85 Great Portland Street, London, W1W 7LT.
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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
Straight line over 3 years
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2021
1,228
694
1,922
At 31 December 2021
1,228
694
1,922
At 1 January 2021
1,048
462
1,510
Charge for the year
180
232
412
At 31 December 2021
1,228
694
1,922
At 31 December 2020
180
232
412
WKC GROUP LIMITED
Notes to the Accounts
for the year ended 31 December 2021
5
Debtors: amounts falling due within one year
2021
2020
Trade debtors
9,291
36,431
Other debtors
13,729
9,221
6
Creditors: amounts falling due within one year
2021
2020
Bank loans and overdrafts
10,000
-
Trade creditors
5,367
5,300
Taxes and social security
7,248
958
7
Creditors: amounts falling due after more than one year
2021
2020
Allotted, called up and fully paid:
50,000 Ordinary shares of £0.01 each
500
500
9
Average number of employees
During the year the average number of employees was 5 (2020: 5).