Abbreviated Company Accounts - WARWICK ANALYTICAL SOFTWARE LIMITED

WA REALISATIONS LIMITED - Company Information

07724630 WARWICK ANALYTICAL SOFTWARE LIMITED 2014-08-31 false 2013-09-01 2014-08-31 true 07724630 2013-09-01 2014-08-31 07724630 2014-08-31 07724630 2013-08-31 07724630 uk-gaap-cd-bus:Director1 2013-09-01 2014-08-31 07724630 uk-gaap-cd-bus:Director2 2013-09-01 2014-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-09-01 2014-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-08-31 iso4217:GBP shares

Registered Number 07724630

WARWICK ANALYTICAL SOFTWARE LIMITED

Abbreviated Accounts

31 August 2014

WARWICK ANALYTICAL SOFTWARE LIMITED Registered Number 07724630

Abbreviated Balance Sheet as at 31 August 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	3,614	-
		3,614	-
Current assets
Debtors		61,676	48,946
Cash at bank and in hand		5,774	95,882
		67,450	144,828
Creditors: amounts falling due within one year		(38,117)	(11,947)
Net current assets (liabilities)		29,333	132,881
Total assets less current liabilities		32,947	132,881
Total net assets (liabilities)		32,947	132,881
Capital and reserves
Called up share capital	3	56,184	55,303
Share premium account		175,189	162,089
Profit and loss account		(198,426)	(84,511)
Shareholders' funds		32,947	132,881

For the year ending 31 August 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 22 May 2015

And signed on their behalf by:
D P Somers, Director

WARWICK ANALYTICAL SOFTWARE LIMITED Registered Number 07724630

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

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Office equipment – 25% reducing balance per annum
Computer equipment – 25% reducing balance per annum

Other accounting policies
Government grants relating to tangible fixed assets are treated as deferred income and released to the profit and loss account over the expected useful lives of the assets concerned. Other grants are credited to the profit and loss account as the related expenditure is incurred.

2Tangible fixed assets

	£
Cost
At 1 September 2013	-
Additions	4,819
Disposals	-
Revaluations	-
Transfers	-
At 31 August 2014	4,819
Depreciation
At 1 September 2013	-
Charge for the year	1,205
On disposals	-
At 31 August 2014	1,205
Net book values
At 31 August 2014	3,614
At 31 August 2013	-

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

	2014 £	2013 £
56,184 Ordinary shares of £1 each (55,303 shares for 2013)	56,184	55,303

During the year 881 ordinary shares of £1 each were allotted and fully paid for cash consideration of £13,981 to provide additional working capital.