Abbreviated Company Accounts - WOLFSON RESEARCH LTD

Abbreviated Company Accounts - WOLFSON RESEARCH LTD

WOLFSON RESEARCH LTD - Company Information

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Registered Number 03996058

WOLFSON RESEARCH LTD

Abbreviated Accounts

28 May 2014

WOLFSON RESEARCH LTD Registered Number 03996058

Abbreviated Balance Sheet as at 28 May 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 85 170
85 170
Current assets
Debtors - -
Cash at bank and in hand 18,463 711
18,463 711
Creditors: amounts falling due within one year (17,250) (750)
Net current assets (liabilities) 1,213 (39)
Total assets less current liabilities 1,298 131
Total net assets (liabilities) 1,298 131
Capital and reserves
Called up share capital 1 1
Profit and loss account 1,297 130
Shareholders' funds 1,298 131
  • For the year ending 28 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 28 February 2015

And signed on their behalf by:
Julio Pires, Director

WOLFSON RESEARCH LTD Registered Number 03996058

Notes to the Abbreviated Accounts for the period ended 28 May 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Tangible assets depreciation policy
Depreciation has been provided on Plant and Machinery at the rate of 25% per year on the straight line method

2Tangible fixed assets
£
Cost
At 29 May 2013 340
Additions -
Disposals -
Revaluations -
Transfers -
At 28 May 2014 340
Depreciation
At 29 May 2013 170
Charge for the year 85
On disposals -
At 28 May 2014 255
Net book values
At 28 May 2014 85
At 28 May 2013 170