Wightlaw Service Company Limited - Limited company - abbreviated - 11.6
Wightlaw Service Company Limited - Limited company - abbreviated - 11.6
| REGISTERED NUMBER: |
| ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 JANUARY 2015 |
| FOR |
| WIGHTLAW SERVICE COMPANY LIMITED |
| WIGHTLAW SERVICE COMPANY LIMITED (REGISTERED NUMBER: 00988164) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31 JANUARY 2015 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 | to | 3 |
| Notes to the Abbreviated Accounts | 4 | to | 5 |
| WIGHTLAW SERVICE COMPANY LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31 JANUARY 2015 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| WIGHTLAW SERVICE COMPANY LIMITED (REGISTERED NUMBER: 00988164) |
| ABBREVIATED BALANCE SHEET |
| 31 JANUARY 2015 |
| 2015 | 2014 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| Investment property | 3 |
| CURRENT ASSETS |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 4 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
4 |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 5 |
| Revaluation reserve |
| Capital redemption reserve |
| Other reserves |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| The directors acknowledge their responsibilities for: |
| (a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| (b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
| WIGHTLAW SERVICE COMPANY LIMITED (REGISTERED NUMBER: 00988164) |
| ABBREVIATED BALANCE SHEET - continued |
| 31 JANUARY 2015 |
| The financial statements were approved by the Board of Directors on |
| I Pratt - Director | N Gale - Director |
| Mrs S Higgs - Director |
| WIGHTLAW SERVICE COMPANY LIMITED (REGISTERED NUMBER: 00988164) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31 JANUARY 2015 |
| 1. | 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 amounts invoiced during the year. |
| Tangible fixed assets |
| Plant and machinery etc | - |
| Investment properties |
| In accordance with Statement of Accounting Practice No 19, the company's properties are held for long-term |
| investment and are included in the balance sheet at their open market values. The surplus or deficits on annual |
| revaluation of such properties are transferred to the investment property revaluation reserve. Depreciation is |
| not provided in respect of freehold investment properties. |
| This policy represents a departure from statutory accounting policies, which require depreciation to be provided |
| on all fixed assets. The directors consider that this policy is necessary in order that the financial statements may |
| give a true and fair view, because current values and changes in current values are of prime importance rather |
| than the calculation of systematic annual depreciation. Depreciation is only one of many factors reflected in the |
| annual valuation and the amount which might otherwise have been shown cannot be separately identified or |
| quantified. |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 February 2014 |
| and 31 January 2015 |
| DEPRECIATION |
| At 1 February 2014 |
| and 31 January 2015 |
| NET BOOK VALUE |
| At 31 January 2015 |
| At 31 January 2014 |
| 3. | INVESTMENT PROPERTY |
| Total |
| £ |
| COST |
| At 1 February 2014 |
| and 31 January 2015 |
| NET BOOK VALUE |
| At 31 January 2015 |
| At 31 January 2014 |
| WIGHTLAW SERVICE COMPANY LIMITED (REGISTERED NUMBER: 00988164) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| FOR THE YEAR ENDED 31 JANUARY 2015 |
| 4. | CREDITORS |
| Creditors include an amount of £ |
| They also include the following debts falling due in more than five years: |
| 2015 | 2014 |
| £ | £ |
| Repayable by instalments | 92,377 | 82,172 |
| 5. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2015 | 2014 |
| value: | £ | £ |
| Ordinary shares | £1 |
| 6. | RELATED PARTY DISCLOSURES |
| RJR Solicitors |
| A business in which the directors of the company are partners |
| Income of £47,000 (2014: £47,000) was received from RJR Solicitors in the year. |