REGISTERED NUMBER: 04063394 (England and Wales)

W & Co Design Solutions Limited

Abridged Financial Statements for the Year Ended 30th April 2018

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

Director:

A T Vanovitch

Secretary:

I J Vanovitch

Registered office:

Unit 5

J31 Business Centre

Motherwell Way

West Thurrock

Essex

RN 20 3X

Registered number:

04063394 (England and Wales)

Accountants:

Walters & Company

Certified Practising Accountants

1-3 High Street

Great Dunmow

Essex

CM6 1UU

Fixed assets

Tangible assets

4

5,830

7,721

Investments

5

211,236

195,230

217,066

202,951

Current assets

Stocks

2,415

6,852

Debtors

42,813

31,021

Cash at bank and in hand

187,207

140,036

232,435

177,909

Creditors

Amounts falling due within one year

223,441

177,849

Net current assets

8,994

60

Total assets less current liabilities

226,060

203,011

Provisions for liabilities

864

1,230

Net assets

225,196

201,781

Capital and reserves

Called up share capital

6

33

33

Retained earnings

7

225,163

201,748

Shareholders' funds

225,196

201,781

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 2018 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 and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 30th April 2018 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 14th December 2018 and were signed by:

A T Vanovitch - Director

1.	Statutory information

W & Co Design Solutions Limited is a private company, limited by shares , registered in

England and Wales. The company's registered number and registered office address can be

found on the Company Information page.

2.	Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding

discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

20% on cost

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% 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.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income

Statement, except to the extent that it relates to items recognised in other comprehensive

income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that

have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not

reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in

periods different from those in which they are recognised in financial statements. Deferred

tax is measured using tax rates and laws that have been enacted or substantively enacted

by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it

is probable that they will be recovered against the reversal of deferred tax liabilities or other

future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over

the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the

company's pension scheme are charged to profit or loss in the period to which they relate.

3.	Employees and directors

The average number of employees during the year was 7 (2017 - 9 ) .

4.	Tangible fixed assets

Totals

£

Cost

At 1st May 2017

124,878

Disposals

(59,494

)

At 30th April 2018

65,384

Depreciation

At 1st May 2017

117,157

Charge for year

1,890

Eliminated on disposal

(59,493

)

At 30th April 2018

59,554

Net book value

At 30th April 2018

5,830

At 30th April 2017

7,721

5.	Fixed asset investments

Investments (neither listed nor unlisted) were as follows:

30/4/18

30/4/17

£

£

B/fwd

195,230

165,598

Partnership profit share

16,006

29,632

211,236

195,230

6.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

30/4/18

30/4/17

value:

£

£

33

Ordinary

£1

33

33

7.

Reserves

Retained

earnings

£

At 1st May 2017

201,748

Profit for the year

95,099

Dividends

(71,684

)

At 30th April 2018

225,163