REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 31 May 2024 |
for |
Ward & Co Insolvency Practitioners Ltd |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 31 May 2024 |
for |
Ward & Co Insolvency Practitioners Ltd |
Ward & Co Insolvency Practitioners Ltd (Registered number: 06750727) |
Contents of the Financial Statements |
for the Year Ended 31 May 2024 |
Page |
Balance Sheet | 1 |
Ward & Co Insolvency Practitioners Ltd (Registered number: 06750727) |
Balance Sheet |
31 May 2024 |
2024 | 2023 |
£ | £ |
CURRENT ASSETS |
CREDITORS |
Amounts falling due within one year | ( |
) | ( |
) |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
ACCRUALS AND DEFERRED INCOME |
NET LIABILITIES | ( |
) | ( |
) |
CAPITAL AND RESERVES | ( |
) | ( |
) |
NOTES TO THE FINANCIAL STATEMENTS |
1. | STATUTORY INFORMATION |
Ward & Co Insolvency Practitioners Ltd is a |
Registered number: |
Registered office: |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | AVERAGE NUMBER OF EMPLOYEES (INCLUDING DIRECTORS) |
The average number of employees during the year was |
3. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
Included within other creditors as at 31 May 2024 is a balance of £168,909 (2023: £168,137) owed to the director of the company. The loan is interest free with no fixed repayment terms. |
4. | BASIS OF PREPARATION |
Although there is a balance sheet deficit, the financial statements have been prepared on a going concern basis as it is the intention of the director to continue the company until all outstanding client cases have been resolved. The director will support the company via his director's loan account to enable creditors to be paid as they fall due. |
Ward & Co Insolvency Practitioners Ltd (Registered number: 06750727) |
Balance Sheet - continued |
31 May 2024 |
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 financial statements were approved by the director and authorised for issue on |