Wavelength Holdings Companies Limited
|
Registered number: |
07128344
|
Balance Sheet |
as at 31 December 2017
|
|
Notes |
|
|
2017 |
|
|
2016 |
£ |
£ |
Fixed assets |
Investments |
2 |
|
|
202 |
|
|
202 |
|
Current assets |
Debtors |
3 |
|
1,508 |
|
|
7,132 |
Cash at bank and in hand |
|
|
271,675 |
|
|
- |
|
|
|
273,183 |
|
|
7,132 |
|
Creditors: amounts falling due within one year |
4 |
|
(10,685) |
|
|
(7,134) |
|
Net current assets/(liabilities) |
|
|
|
262,498 |
|
|
(2) |
|
Net assets |
|
|
|
262,700 |
|
|
200 |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
|
|
|
200 |
|
|
200 |
Profit and loss account |
|
|
|
262,500 |
|
|
- |
|
Shareholders' funds |
|
|
|
262,700 |
|
|
200 |
|
|
|
|
|
|
|
|
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
|
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
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The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
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The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
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|
|
|
|
Mrs J Stack |
Director |
Approved by the board on 26 September 2018
|
|
Wavelength Holdings Companies Limited
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Notes to the Accounts |
for the year ended 31 December 2017
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|
|
1 |
Accounting policies |
|
|
Basis of preparation |
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The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
|
|
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Investment income |
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Income from investments represents dividend income which is recognised in the year of receipt.
|
|
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Investments |
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Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
|
|
|
Group accounts |
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The company is entitled to the exemption under Section 398 of the Companies Act 2006 from the obligation to prepare group accounts.
|
|
|
2 |
Investments |
|
Other |
investments |
£ |
|
Cost |
|
At 1 January 2017 |
202 |
|
|
At 31 December 2017 |
202 |
|
|
The company holds 20% or more of the share capital of the following companies: |
|
Capital and |
Profit (loss) |
|
Company |
Shares held |
reserves |
for the year |
|
|
Class |
% |
£ |
£ |
|
Wavelength Companies Ltd |
Ordinary |
100 |
|
234,769 |
|
389,263 |
|
Wavelength Connect Ltd |
Ordinary |
100 |
|
94,199 |
|
238,624 |
|
3 |
Debtors |
2017 |
|
2016 |
£ |
£ |
|
|
Amounts owed by group undertakings |
|
- |
|
6,932 |
|
Other debtors |
1,508 |
|
200 |
|
|
|
|
|
|
1,508 |
|
7,132 |
|
|
|
|
|
|
|
|
|
|
4 |
Creditors: amounts falling due within one year |
2017 |
|
2016 |
£ |
£ |
|
|
Amounts owed to group undertakings |
|
2 |
|
2 |
|
Other creditors |
10,683 |
|
7,132 |
|
|
|
|
|
|
10,685 |
|
7,134 |
|
|
|
|
|
|
|
|
|
|
5 |
Related party transactions |
|
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Included in other debtors is £1,308 due from Mr A Simpson a director of the company (2016 amount due to director - £911). Included in other creditors is £9,604 (2016 - £5,311) due to Mrs J Stack and £1,078 (2016 - £911) due to Mr L Black, both directors of the company.
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6 |
Controlling party |
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The ultimate controlling party at the balance sheet date was Mr A Simpson and Mrs J Stack by virtue of their directorship and 62.5% shareholding.
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7 |
Other information |
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Wavelength Holdings Companies Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
Oakhurst |
|
Chiltern Road |
|
Ballinger |
|
Buckinghamshire |
|
HP16 9LJ |