Company Registration No. 08363391 (England and Wales)
D WRAY CONSULTING LIMITED
Unaudited accounts
for the year ended 31 January 2020
D WRAY CONSULTING LIMITED
Unaudited accounts
Contents
D WRAY CONSULTING LIMITED
Company Information
for the year ended 31 January 2020
Company Number
08363391 (England and Wales)
Registered Office
WNR ASSOCIATES LIMITED
35 TEMPSFORD AVENUE
BOREHAMWOOD
HERTFORDSHIRE
WD6 2PD
Accountants
WNR Associates Limited
63/66 Hatton Garden
Fifth Floor Suite 23
London
EC1N 8LE
D WRAY CONSULTING LIMITED
Statement of financial position
as at
31 January 2020
Tangible assets
4,285
5,714
Cash at bank and in hand
(1,341)
(3,949)
Creditors: amounts falling due within one year
(24,268)
(11,283)
Net current liabilities
(22,274)
(9,429)
Total assets less current liabilities
(17,989)
(3,715)
Creditors: amounts falling due after more than one year
(4,156)
(2,059)
Provisions for liabilities
Net liabilities
(22,145)
(5,950)
Called up share capital
1
1
Profit and loss account
(22,146)
(5,951)
Shareholders' funds
(22,145)
(5,950)
For the year ending 31 January 2020 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 her 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.
The financial statements were approved by the Board and authorised for issue on 13 January 2021 and were signed on its behalf by
Donna WRAY
Director
Company Registration No. 08363391
D WRAY CONSULTING LIMITED
Notes to the Accounts
for the year ended 31 January 2020
D WRAY CONSULTING LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08363391. The registered office is WNR ASSOCIATES LIMITED, 35 TEMPSFORD AVENUE, BOREHAMWOOD, HERTFORDSHIRE, WD6 2PD.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing balance
The company at present is showing a deficit on resources and in the Balance sheet totals.
The Director has showed her intention to continue supporting the company financially until such a time as when the company can operate on its own funding.
The Director has also showed her intention not to draw down on any loans made to the company until such a time when the company is able to begin repayment without adversely affecting its operations.
In light of the above, the director has reasonable expectations that the company has adequate resources to continue in operational existence for the foreseeable future.
For this reason, she continues to adopt the going concern basis in preparing the accounts.
D WRAY CONSULTING LIMITED
Notes to the Accounts
for the year ended 31 January 2020
4
Tangible fixed assets
Plant & machinery
Cost or valuation
At cost
At 1 February 2019
18,060
At 31 January 2020
18,060
At 1 February 2019
12,346
Charge for the year
1,429
At 31 January 2020
13,775
Other debtors
3,335
5,803
6
Creditors: amounts falling due within one year
2020
2019
Taxes and social security
253
-
Loans from directors
24,308
10,483
7
Creditors: amounts falling due after more than one year
2020
2019
8
Share capital
2020
2019
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
9
Average number of employees
During the year the average number of employees was 1 (2019: 1).