A & J Wernick Limited

Contents
	Page
Balance Sheet	1
Statement of Changes in Equity	3
Notes to the Financial Statements	4—6

Registered number: 04652108

		Period to 5 April 2017		31 December 2015
	Notes	£	£	£	£
FIXED ASSETS

CURRENT ASSETS
Debtors	6	174,267		46,213
Cash at bank and in hand		44,682		122,067

		218,949		168,280
Creditors: Amounts Falling Due Within One Year	7	(20,373 )		(10,668 )

NET CURRENT ASSETS (LIABILITIES)			198,576		157,612

TOTAL ASSETS LESS CURRENT LIABILITIES			198,576		157,612

NET ASSETS			198,576		157,612

CAPITAL AND RESERVES
Called up share capital	8		100		100
Profit and loss account			198,476		157,512

SHAREHOLDERS' FUNDS			198,576		157,612

For the period ending 5 April 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

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.
The Company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the Profit and Loss Account

On behalf of the board

Mrs Jenny Wernick

06/06/2017

	Share Capital	Profit & Loss Account	Total
	£	£	£
As at 1 January 2015	100	114,840	114,940
Profit for the year and total comprehensive income	-	42,672	42,672

As at 31 December 2015 and 1 January 2016	100	157,512	157,612


Profit for the period and total comprehensive income	-	64,691	64,691

Dividends paid	-	(23,727)	(23,727)

As at 5 April 2017	100	198,476	198,576

1. Accounting Policies

1.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

1.2. Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

1.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	Not depreciated
Computer Equipment	25% straight line

1.4. Registrar Filing Requirements

The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account. The notes which are not included have been hidden but original note numbering has remained the same for those that are present.

2. Average number of employees

Average number of employees, including directors, during the year was as follows:

	Period to 5 April 2017	31 December 2015
Office and administration	2	2

	2	2

5. Tangible Assets


	Computer Equipment
	£
Cost
As at 1 January 2016	1,310

As at 5 April 2017	1,310

Depreciation
As at 1 January 2016	1,310

As at 5 April 2017	1,310

Net Book Value
As at 5 April 2017	-

As at 1 January 2016	-

Page 4

A & J Wernick Limited

Notes to the Unaudited Accounts (continued)

For the Period 1 January 2016 to 5 April 2017

6. Debtors

	Period to 5 April 2017	31 December 2015
	£	£
Due within one year
Trade debtors	17,767	6,213
Other debtors	156,500	40,000

	174,267	46,213

7. Creditors: Amounts Falling Due Within One Year

	Period to 5 April 2017	31 December 2015
	£	£
Corporation tax	15,426	10,668
Directors' loan accounts	4,947	-

	20,373	10,668

8. Share Capital

	Value	Number	Period to 5 April 2017	31 December 2015
Allotted, called up and fully paid	£		£	£
Ordinary shares	0.10	1000	100	100

On 30 March 2017 the 100 ordinary £1 shares were sub-divided into 1,000 ordinary £0.10 shares.

On 30 March 2017 three ordinary £0.10 shares were redesignated as one ordinary B £0.10 share, one ordinary C £0.10 share and one ordinary D £0.10 share.

9. Transactions With and Loans to Directors

Dividends paid to directors

	Period to 5 April 2017	31 December 2015
	£	£
Mr Andrew Wernick	4,476	-
Mrs Jenny Wernick	4,308	-

Page 5

A & J Wernick Limited

Notes to the Unaudited Accounts (continued)

For the Period 1 January 2016 to 5 April 2017

10. Dividends

	Period to 5 April 2017	31 December 2015
	£	£
On equity shares:
Final dividend paid	23,727	-

	23,727	-

11. Ultimate Controlling Party

The directors, Andrew Wernick and Jenny Wernick, are consdered to be the company's ultimate controlling party who together own 97% of the issued share capital in the company.

12. General Information

A & J Wernick Limited, company registration number 04652108, is a private company limited by shares and incorporated in England & Wales. The Registered Office is 16 The Warren Drive, Wanstead, London, E11 2LR.