Registration number:
Wealth Creation (Uk) Ltd
trading as
for the Year Ended 31 October 2017
Wealth Creation (Uk) Ltd
trading as Wealth Creation (UK)
Contents
Company Information |
|
Accountants' Report |
|
Balance Sheet |
|
Notes to the Financial Statements |
|
Detailed Profit and Loss Account |
Wealth Creation (Uk) Ltd
trading as Wealth Creation (UK)
Company Information
Director |
Mr Mark L Robinson |
Registered office |
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Accountants |
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Page 1 |
Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Wealth Creation (Uk) Ltd
trading as Wealth Creation (UK)
for the Year Ended 31 October 2017
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Wealth Creation (Uk) Ltd for the year ended 31 October 2017 as set out on pages 3 to 3 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Wealth Creation (Uk) Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Wealth Creation (Uk) Ltd and state those matters that we have agreed to state to the Board of Directors of Wealth Creation (Uk) Ltd, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Wealth Creation (Uk) Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Wealth Creation (Uk) Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Wealth Creation (Uk) Ltd. You consider that Wealth Creation (Uk) Ltd 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 accounts of Wealth Creation (Uk) Ltd. 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 accounts.
......................................
Buxton
Derbyshire
SK17 7DW
Page 2 |
Wealth Creation (Uk) Ltd
trading as Wealth Creation (UK)
(Registration number: 06047698)
Balance Sheet as at 31 October 2017
2017 |
2016 |
|
Fixed assets |
|
|
Current assets |
|
|
Prepayments and accrued income |
( |
( |
Creditors: Amounts falling due within one year |
( |
( |
Net current liabilities |
( |
( |
Total assets less current liabilities |
|
|
Creditors: Amounts falling due after more than one year |
( |
( |
Accruals and deferred income |
( |
( |
|
|
|
Capital and reserves |
|
|
General information |
The company is a private company limited by share capital, incorporated in England & Wales.
The address of its registered office is:
England
These financial statements were authorised for issue by the
Basis of preparation
The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.
These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Approved and authorised by the
.........................................
Director
Page 3 |
Wealth Creation (Uk) Ltd
trading as Wealth Creation (UK)
Detailed Profit and Loss Account for the Year Ended 31 October 2017
2017 |
2016 |
|
Turnover (analysed below) |
8,747 |
77,244 |
Gross profit (%) |
100% |
100% |
Administrative expenses |
||
Employment costs (analysed below) |
- |
(2,318) |
Establishment costs (analysed below) |
(6,130) |
(36,369) |
General administrative expenses (analysed below) |
(25,754) |
(752,210) |
Finance charges (analysed below) |
(255) |
(332) |
Depreciation costs (analysed below) |
(912) |
(300) |
(33,051) |
(791,529) |
|
Other operating income (analysed below) |
- |
933 |
Operating loss |
(24,304) |
(713,352) |
Other interest receivable and similar income (analysed below) |
2 |
155 |
Loss before tax |
(24,302) |
(713,197) |
Page 4 |
Wealth Creation (Uk) Ltd
trading as Wealth Creation (UK)
Detailed Profit and Loss Account for the Year Ended 31 October 2017 (continued)
2017 |
2016 |
|
Turnover |
||
Sales class 1 UK |
8,747 |
77,244 |
Employment costs |
||
Wages and salaries (excl. N.I.) |
- |
(2,318) |
Establishment costs |
||
Premises charges |
(491) |
(17,764) |
Rent & rates |
- |
(13,507) |
Insurance |
(5,484) |
(5,098) |
Equipment Repairs |
(155) |
- |
(6,130) |
(36,369) |
|
General administrative expenses |
||
Telephone |
- |
(338) |
Software costs |
- |
(499) |
Printing, postage and stationery |
- |
(4,160) |
Subscription |
(120) |
- |
Equipment hire |
- |
(386) |
Sundry expenses allowable |
(2,398) |
(6,894) |
Court fines/penalties |
- |
(952) |
Management charges |
(808) |
(6,278) |
Travelling expenses |
(813) |
(797) |
Advertising |
- |
(17,654) |
Accounancy fees |
(570) |
(2,466) |
Consultancy fees |
(7,084) |
(10,691) |
Legal and prof fees allowable |
(12,773) |
(559,941) |
Currency Charges |
- |
(14,931) |
Investment interest |
(1,188) |
(126,223) |
(25,754) |
(752,210) |
|
Finance charges |
||
Bank charges |
(255) |
(332) |
Depreciation costs |
||
Computer Equipment Depreciation |
(912) |
(300) |
Other operating income |
||
Sundry Income |
- |
933 |
Operating loss |
(24,304) |
(713,352) |
Page 5 |
Wealth Creation (Uk) Ltd
trading as Wealth Creation (UK)
Detailed Profit and Loss Account for the Year Ended 31 October 2017 (continued)
2017 |
2016 |
|
Other interest receivable and similar income |
||
Bank interest received |
2 |
155 |
Loss before tax |
(24,302) |
(713,197) |
Page 6 |
Wealth Creation (Uk) Ltd
trading as Wealth Creation (UK)
Detailed Profit and Loss Account for the Year Ended 31 October 2017 (continued)
2017 |
2016 |
Turnover |
||
Sales class 1 UK |
8,747 |
77,244 |
Employment costs |
||
Wages and salaries (excl. N.I.) |
- |
(2,318) |
Establishment costs |
||
Premises charges |
(491) |
(17,764) |
Rent & rates |
- |
(13,507) |
Insurance |
(5,484) |
(5,098) |
Equipment Repairs |
(155) |
- |
(6,130) |
(36,369) |
General administrative expenses |
||
Telephone |
- |
(338) |
Software costs |
- |
(499) |
Printing, postage and stationery |
- |
(4,160) |
Subscription |
(120) |
- |
Equipment hire |
- |
(386) |
Sundry expenses allowable |
(2,398) |
(6,894) |
Court fines/penalties |
- |
(952) |
Management charges |
(808) |
(6,278) |
Travelling expenses |
(813) |
(797) |
Advertising |
- |
(17,654) |
Accounancy fees |
(570) |
(2,466) |
Consultancy fees |
(7,084) |
(10,691) |
Legal and prof fees allowable |
(12,773) |
(559,941) |
Currency Charges |
- |
(14,931) |
Investment interest |
(1,188) |
(126,223) |
(25,754) |
(752,210) |
Finance charges |
||
Bank charges |
(255) |
(332) |
Depreciation costs |
||
Computer Equipment Depreciation |
(912) |
(300) |
Other operating income |
||
Sundry Income |
- |
933 |
Other interest receivable and similar income |
||
Bank interest received |
2 |
155 |
Page 7 |