Abbreviated Company Accounts - WILLS MANAGEMENT LTD.

WILLS MANAGEMENT LTD. - Company Information

SC403987 WILLS MANAGEMENT LTD. 2014-07-31 false 2013-08-01 2014-07-31 true SC403987 2013-08-01 2014-07-31 SC403987 2014-07-31 SC403987 2013-07-31 SC403987 uk-gaap-cd-bus:Director1 2013-08-01 2014-07-31 SC403987 uk-gaap-cd-bus:Director2 2013-08-01 2014-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-08-01 2014-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-07-31 iso4217:GBP shares

Registered Number SC403987

WILLS MANAGEMENT LTD.

Abbreviated Accounts

31 July 2014

WILLS MANAGEMENT LTD. Registered Number SC403987

Abbreviated Balance Sheet as at 31 July 2014

	Notes	2014	2013
		£	£
Current assets
Debtors	2	468	826
Cash at bank and in hand		274	95
		742	921
Prepayments and accrued income		-	13
Creditors: amounts falling due within one year		(295)	(793)
Net current assets (liabilities)		447	141
Total assets less current liabilities		447	141
Total net assets (liabilities)		447	141
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		347	41
Shareholders' funds		447	141

For the year ending 31 July 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 29 April 2015

And signed on their behalf by:
Brian O'Neill, Director

WILLS MANAGEMENT LTD. Registered Number SC403987

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

1Accounting Policies

Basis of measurement and preparation of accounts
ACCOUNTING POLICIES
Accounting convention
The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
Turnover
Turnover represents net invoiced sales of services, excluding value added tax.
Goodwill
Goodwill is valued annually by the director with reference to the sale price achievable at the balance sheet date. Any permanent diminution in value is written off to the profit & loss account in the year it occurs.
Tangible fixed assets
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% on cost
Deferred tax
Deferred tax is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes.
The deferred tax balance has not been discounted.

2Debtors

AMOUNTS FALLING DUE WITHIN ONE YEAR

2014 2013
£ £
Other debtors 468 826

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
100 Ordinary shares of £1 each	100	100

Allotted, issued and fully paid
Number Class Nominal Value 2014 2013
100 Ordinary £1 £100 £100