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REGISTERED NUMBER: 06750727 (England and Wales)












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 8,645 7,211

CREDITORS
Amounts falling due within one year (168,909 ) (168,736 )
NET CURRENT LIABILITIES (160,264 ) (161,525 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(160,264

)

(161,525

)

ACCRUALS AND DEFERRED INCOME 961 900
NET LIABILITIES (161,225 ) (162,425 )

CAPITAL AND RESERVES (161,225 ) (162,425 )

NOTES TO THE FINANCIAL STATEMENTS

1. STATUTORY INFORMATION

Ward & Co Insolvency Practitioners Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 06750727

Registered office: 1 Castle Street
Worcester
WR1 3AA

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 1 (2023 - 1 ) .

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 company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 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 financial statements have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 20 February 2025 and were signed by:





Mr R Green - Director