Company Registration No. 3996058 (England and Wales)
Wolfson Research Ltd
Unaudited accounts
for the year ended 28 May 2017
Wolfson Research Ltd
Unaudited accounts
Contents
Wolfson Research Ltd
Company Information
for the year ended 28 May 2017
Secretary
Artillery Registrars Limited
Company Number
3996058 (England and Wales)
Accountants
David Powell & Co
7 Tufton Street
London
SW1P 3QB
Wolfson Research Ltd
Statement of financial position
as at
28 May 2017
Cash at bank and in hand
18,379
1,487
Creditors: amounts falling due within one year
(38,425)
(19,920)
Net current assets
63,594
44,519
Called up share capital
1
1
Profit and loss account
63,593
44,518
Shareholders' funds
63,594
44,519
For the year ending 28 May 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 28 February 2018.
Julio Pires
Director
Company Registration No. 3996058
Wolfson Research Ltd
Notes to the Accounts
for the year ended 28 May 2017
Wolfson Research Ltd is a private company, limited by shares, registered in England and Wales, registration number 3996058.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 28 May 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 29 May 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Trade debtors
83,640
62,952
5
Creditors: amounts falling due within one year
2017
2016
Trade creditors
22,613
9,094
Taxes and social security
15,812
10,826
6
Average number of employees
During the year the average number of employees was 0 (2016: 0).