Weltec Data Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 04137399 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MAY 2015

FOR

WELTEC DATA LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

T Webb

J Webb

SECRETARY:

J Webb

REGISTERED OFFICE:

2nd Floor

61-67 Old Street

London

EC1V 9HX

REGISTERED NUMBER:

04137399 (England and Wales)

ACCOUNTANTS:

Fordhams & Co.

Chartered Accountants

Unit 003

Parma house

Clarendon Road

London

N22 6XF

FIXED ASSETS

Tangible assets

2

9,791

2,951

CURRENT ASSETS

Debtors

8,893

726

Cash at bank

-

33,095

8,893

33,821

CREDITORS

Amounts falling due within one year

13,890

14,936

NET CURRENT (LIABILITIES)/ASSETS

(4,997

)

18,885

TOTAL ASSETS LESS CURRENT LIABILITIES

4,794

21,836

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

4,694

21,736

SHAREHOLDERS' FUNDS

4,794

21,836

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2015 in accordance with Section 476 of the Companies Act 2006.

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.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 7 July 2015 and were signed on its behalf by:

T Webb - Director

J Webb - Director

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 net invoiced sales of goods, excluding value added tax.

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

-

33% on cost and 20% on reducing balance

Deferred tax

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

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2014

9,524

Additions

12,962

Disposals

(9,000

)

At 31 May 2015

13,486

DEPRECIATION

At 1 June 2014

6,573

Charge for year

3,274

Eliminated on disposal

(6,152

)

At 31 May 2015

3,695

NET BOOK VALUE

At 31 May 2015

9,791

At 31 May 2014

2,951

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.15

31.5.14

value:

£

£

100

Ordinary

£1

100

100