Company Registration No. 10130490 (England and Wales)
Shieldwise Services Limited
Unaudited accounts
for the period from 1 May 2017 to 31 March 2018
Shieldwise Services Limited
Unaudited accounts
Contents
Shieldwise Services Limited
Company Information
for the period from 1 May 2017 to 31 March 2018
Director
Ann Wangechi Ngugi
Company Number
10130490 (England and Wales)
Registered Office
28 Parsonage Leys
Harlow
Essex
CM20 3PE
Accountants
Twiga Accountants Ltd.
Suite A, Unit 1
Advanced House Business Mews
Harlow
Essex
CM20 2ST
Shieldwise Services Limited
Statement of financial position
as at
31 March 2018
Tangible assets
3,525
528
Cash at bank and in hand
2,419
20
Creditors: amounts falling due within one year
(15,587)
(3,026)
Net current assets/(liabilities)
15,905
(197)
Called up share capital
1
1
Profit and loss account
19,429
330
Shareholders' funds
19,430
331
For the period ending 31 March 2018 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.
Approved by the Board on 18 January 2019.
Ann Wangechi Ngugi
Director
Company Registration No. 10130490
Shieldwise Services Limited
Notes to the Accounts
for the period from 1 May 2017 to 31 March 2018
Shieldwise Services Limited is a private company, limited by shares, registered in England and Wales, registration number 10130490. The registered office is 28 Parsonage Leys, Harlow, Essex, CM20 3PE.
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 period, 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.
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:
Motor vehicles
25% Reducing balance
Computer equipment
25% Reducing balance
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 31 March 2018
3,650
563
4,213
Charge for the period
521
132
653
At 31 March 2018
521
167
688
At 31 March 2018
3,129
396
3,525
At 30 April 2017
-
528
528
Shieldwise Services Limited
Notes to the Accounts
for the period from 1 May 2017 to 31 March 2018
Trade debtors
24,491
2,809
Accrued income and prepayments
423
-
6
Creditors: amounts falling due within one year
2018
2017
Taxes and social security
7,138
-
Loans from directors
-
2,426
7
Share capital
2018
2017
Allotted, called up and fully paid:
100 Ordinary shares of £0.01 each
1
1
8
Average number of employees
During the period the average number of employees was 6 (2017: 0).