REGISTERED NUMBER: |
FINANCIAL STATEMENTS |
FOR THE PERIOD |
1ST JUNE 2020 TO 30TH NOVEMBER 2021 |
FOR |
WEBCOMMS4U LTD |
REGISTERED NUMBER: |
FINANCIAL STATEMENTS |
FOR THE PERIOD |
1ST JUNE 2020 TO 30TH NOVEMBER 2021 |
FOR |
WEBCOMMS4U LTD |
WEBCOMMS4U LTD (REGISTERED NUMBER: 05813656) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 1ST JUNE 2020 TO 30TH NOVEMBER 2021 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
WEBCOMMS4U LTD |
COMPANY INFORMATION |
FOR THE PERIOD 1ST JUNE 2020 TO 30TH NOVEMBER 2021 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Certified Accountants |
Old Town Hall |
Fore Street |
Wellington |
Somerset |
TA21 8LS |
WEBCOMMS4U LTD (REGISTERED NUMBER: 05813656) |
BALANCE SHEET |
30TH NOVEMBER 2021 |
30/11/21 | 31/5/20 |
Notes | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Stocks |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 5 | ( |
) | ( |
) |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
PROVISIONS FOR LIABILITIES | ( |
) |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 6 |
Retained earnings |
SHAREHOLDERS' FUNDS |
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. |
WEBCOMMS4U LTD (REGISTERED NUMBER: 05813656) |
BALANCE SHEET - continued |
30TH NOVEMBER 2021 |
In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered. |
The financial statements were approved and authorised for issue by the Board of Directors and authorised for issue on |
WEBCOMMS4U LTD (REGISTERED NUMBER: 05813656) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE PERIOD 1ST JUNE 2020 TO 30TH NOVEMBER 2021 |
1. | STATUTORY INFORMATION |
Webcomms4u Ltd is a |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
BASIS OF PREPARING THE FINANCIAL STATEMENTS |
TURNOVER |
Turnover represents net invoiced sales of goods and services, excluding value added tax, except in respect of service contracts where turnover is recognised when the company obtains the right to consideration. |
TANGIBLE FIXED ASSETS |
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Depreciation has been charged on machinery and equipment from the date that it was brought in to use. |
Machinery and equipment 25% on cost |
Computer and office equipment 25% on cost |
STOCKS |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was NIL (2020 - NIL). |
WEBCOMMS4U LTD (REGISTERED NUMBER: 05813656) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 1ST JUNE 2020 TO 30TH NOVEMBER 2021 |
4. | TANGIBLE FIXED ASSETS |
Computer |
Machinery | and |
and | office |
equipment | equipment | Totals |
£ | £ | £ |
COST |
At 1st June 2020 |
and 30th November 2021 |
DEPRECIATION |
At 1st June 2020 |
Charge for period |
At 30th November 2021 |
NET BOOK VALUE |
At 30th November 2021 |
At 31st May 2020 |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30/11/21 | 31/5/20 |
£ | £ |
Corporation tax |
VAT | - | 301 |
Directors' current accounts | 8,918 | 7,640 |
Accruals and deferred income |
6. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 30/11/21 | 31/5/20 |
value: | £ | £ |
Ordinary | £1 | 2 | 2 |
WEBCOMMS4U LTD (REGISTERED NUMBER: 05813656) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 1ST JUNE 2020 TO 30TH NOVEMBER 2021 |
7. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
The following advances and credits to a director subsisted during the period ended 30th November 2021 and the year ended 31st May 2020: |
30/11/21 | 31/5/20 |
£ | £ |
Balance outstanding at start of period |
Amounts repaid | ( |
) |
Amounts written off | - | - |
Amounts waived | - | - |
Balance outstanding at end of period |
The director's loan was repaid on 24 June 2019. |
8. | ULTIMATE CONTROLLING PARTY |
The controlling party is Mr T G Rumbold. |