Company registration number:
SC415075
Wallarts Products and Services Limited
Unaudited filleted financial statements
31 March 2021
Wallarts Products and Services Limited
Contents
Directors and other information
Accountants report
Statement of financial position and notes to the financial statements
Wallarts Products and Services Limited
Directors and other information
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Director
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W Cox
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Secretary
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S Cox
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Company number
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SC415075
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Registered office
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38 Tomnahurich Street
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Inverness
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IV3 5DS
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Business address
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38 Tomnahurich Street
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Inverness
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IV3 5DS
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Accountants
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Frame Kennedy
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31-33 High Street
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Inverness
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IV1 1HT
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Wallarts Products and Services Limited
Report to the director on the preparation of the
unaudited statutory financial statements of Wallarts Products and Services Limited
Year ended 31 March 2021
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Wallarts Products and Services Limited for the year ended 31 March 2021 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of ICAS , we are subject to its ethical and other professional requirements which are detailed at http://www.icas.com/accountspreparationguidance.
This report is made solely to the director of Wallarts Products and Services Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Wallarts Products and Services Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with the requirements of ICAS as detailed at http://www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Wallarts Products and Services Limited and its director as a body for our work or for this report.
It is your duty to ensure that Wallarts Products and Services Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Wallarts Products and Services Limited. You consider that Wallarts Products and Services Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Wallarts Products and Services Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Frame Kennedy
Chartered Accountants
31-33 High Street
Inverness
IV1 1HT
7 July 2021
Wallarts Products and Services Limited
Statement of financial position
31 March 2021
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2021
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2020
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£
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£
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Fixed assets
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20,363
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26,906
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_______
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_______
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Current assets
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7,638
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16,948
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Creditors: amounts falling due within one year
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(
2,505)
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(
5,627)
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_______
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_______
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Net current assets
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5,133
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11,321
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_______
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Total assets less current liabilities
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25,496
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38,227
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Creditors: amounts falling due after more than one year
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15,000)
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16,171)
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Accruals and deferred income
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(
1,384)
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(
850)
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_______
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Net assets
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9,112
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21,206
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Capital and reserves
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9,112
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21,206
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_______
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Notes to the financial statements
Wallarts Products and Services Limited
Year ended 31 March 2021
1.
Employee numbers
The average number of persons employed by the company during the year amounted to
1
(2020:
1
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2.
Events after the end of the reporting period
The COVID-19 outbreak had developed rapidly in 2020 with a significant number of infections. Measures taken by the governments to contain the virus have affected our economic activity. Depending on the duration of the COVID-19 crisis and the continued negative impact on economic activity, the company may experience further negative results. The exact impact on our activities for the remainder of 2021 and thereafter cannot be predicted.
For the year ending 31 March 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsiblities:
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The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
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The director acknowledges responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the
board of directors
and authorised for issue on
07 July 2021
, and are signed on behalf of the board by:
W Cox
Director
Company registration number:
SC415075
The company is a private company limited by shares, registered in Scotland.