|
|
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2017 |
|
FOR |
|
WKCS 1801 LIMITED |
|
|
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2017 |
|
FOR |
|
WKCS 1801 LIMITED |
WKCS 1801 LIMITED (REGISTERED NUMBER: 06057974) |
|
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 MARCH 2017 |
|
|
|
|
|
|
|
|
|
|
Page |
|
Company Information | 1 |
|
Balance Sheet | 2 |
|
Notes to the Financial Statements | 3 | to | 4 |
|
WKCS 1801 LIMITED |
|
COMPANY INFORMATION |
FOR THE YEAR ENDED 31 MARCH 2017 |
|
|
|
|
|
|
|
DIRECTOR: |
|
|
|
|
|
|
REGISTERED OFFICE: |
|
|
|
|
|
|
|
|
|
REGISTERED NUMBER: |
|
|
|
|
|
|
AUDITORS: |
|
Statutory Auditor |
Chartered Accountants |
Bridge House |
London Bridge |
London |
SE1 9QR |
WKCS 1801 LIMITED (REGISTERED NUMBER: 06057974) |
|
BALANCE SHEET |
31 MARCH 2017 |
|
2017 | 2016 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Investments | 4 |
|
|
|
CURRENT ASSETS |
Debtors | 5 |
|
|
Cash in hand |
|
|
|
|
CREDITORS |
Amounts falling due within one year | 6 |
|
|
NET CURRENT ASSETS |
|
|
TOTAL ASSETS LESS CURRENT
LIABILITIES |
|
|
|
CAPITAL AND RESERVES |
Called up share capital |
|
|
SHAREHOLDERS' FUNDS |
|
|
|
|
|
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
|
|
|
|
|
|
|
|
WKCS 1801 LIMITED (REGISTERED NUMBER: 06057974) |
|
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 MARCH 2017 |
|
|
1. | STATUTORY INFORMATION |
|
WKCS 1801 Limited is a
|
registered number and registered office address can be found on the Company Information page. |
|
The presentation currency of the financial statements is the Pound Sterling (£). |
|
|
2. | ACCOUNTING POLICIES |
|
Basis of preparing the financial statements |
|
|
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. |
|
Investments |
Investments held as fixed assets are stated at cost less any provisions for impairment. Investments are reviewed |
for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable. |
|
3. | EMPLOYEES AND DIRECTORS |
|
The average number of employees during the year was NIL (2016 - NIL). |
|
4. | FIXED ASSET INVESTMENTS |
Other |
investments |
£ |
COST |
At 1 April 2016 |
and 31 March 2017 |
|
NET BOOK VALUE |
At 31 March 2017 |
|
At 31 March 2016 |
|
|
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2017 | 2016 |
£ | £ |
Amounts owed by participating interests | 550,000 | 600,000 |
WKCS 1801 LIMITED (REGISTERED NUMBER: 06057974) |
|
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 MARCH 2017 |
|
|
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2017 | 2016 |
£ | £ |
Amounts owed to group undertakings |
|
|
|
7. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006 |
|
The Report of the Auditors was unqualified. |
|
|
for and on behalf of
|
|
8. | RELATED PARTY DISCLOSURES |
|
The company has received an interest free loan from Paxton Holdings Limited, the company's parent |
undertaking. The amount outstanding at the year end was £550,000 (2016: £600,000). The company has given |
an interest free loan to Paxton Investments Limited, a company in which it has a participating interest. The |
amount outstanding at the year end was £550,000 (2016: £600,000). |
|
Audit fees are paid by The Gramax Settlement. |
|
9. | ULTIMATE CONTROLLING PARTY |
|
The ultimate controlling party are the Trustees of The Gramax Settlement which is based in Guernsey. |
|
10. | FIRST YEAR ADOPTION |
|
The company transitioned to FRS 102 Section 1A on 1 April 2016. No transitional adjustments were required on |
the adoption of FRS 102 Section 1A. |