Abbreviated Company Accounts - DECISIONWISE LTD

04754708 DECISIONWISE LTD 2014-05-31 false 2013-06-01 2014-05-31 true 04754708 2013-06-01 2014-05-31 04754708 2014-05-31 04754708 2013-05-31 04754708 uk-gaap-cd-bus:Director1 2013-06-01 2014-05-31 04754708 uk-gaap-cd-bus:Director2 2013-06-01 2014-05-31 uk-gaap-cd-bus:Director3 2013-06-01 2014-05-31 uk-gaap-cd-bus:Director3 2014-05-31 uk-gaap-cd-bus:Director3 2013-05-31 iso4217:GBP shares

Registered Number 04754708

DECISIONWISE LTD

Abbreviated Accounts

31 May 2014

DECISIONWISE LTD Registered Number 04754708

Abbreviated Balance Sheet as at 31 May 2014

	Notes	2014	2013
		£	£
Called up share capital not paid		-	-
Fixed assets
Intangible assets		-	-
Tangible assets	2	2,805	3,740
Investments		-	-
		2,805	3,740
Current assets
Stocks		-	-
Debtors	3	644,166	664,050
Investments		-	-
Cash at bank and in hand		661,966	373,532
		1,306,132	1,037,582
Creditors: amounts falling due within one year		(108,819)	(87,365)
Net current assets (liabilities)		1,197,313	950,217
Total assets less current liabilities		1,200,118	953,957
Creditors: amounts falling due after more than one year		0	0
Provisions for liabilities		(590)	(750)
Total net assets (liabilities)		1,199,528	953,207
Capital and reserves
Called up share capital		1	1
Share premium account		0	0
Revaluation reserve		0	0
Other reserves		0	0
Profit and loss account		1,199,527	953,206
Shareholders' funds		1,199,528	953,207

For the year ending 31 May 2014 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 20 February 2015

And signed on their behalf by:
W K Whetstone, Director

DECISIONWISE LTD Registered Number 04754708

Notes to the Abbreviated Accounts for the period ended 31 May 2014

1Accounting Policies

Turnover policy
Turnover represents net invoiced sales of services, excluding value added tax

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life

Plant and machinery,etc - 25% straight line

Other accounting policies
Deferred Tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date

2Tangible fixed assets

	£
Cost
At 1 June 2013	7,606
Additions	0
Disposals	0
Revaluations	0
Transfers	0
At 31 May 2014	7,606
Depreciation
At 1 June 2013	3,866
Charge for the year	935
On disposals	0
At 31 May 2014	4,801
Net book values
At 31 May 2014	2,805
At 31 May 2013	3,740

3Debtors

	2014 £	2013 £
Debtors include the following amounts due after more than one year	120,899	119,726

4Transactions with directors

Name of director receiving advance or credit:	W K Whetstone
Description of the transaction:	Advances and Credits to Director
Balance at 1 June 2013:	£ 478,904
Advances or credits made:	£ 46,923
Advances or credits repaid:	£ 42,233
Balance at 31 May 2014:	£ 483,594