Abbreviated Company Accounts - THE WILL ASSOCIATES LTD

Abbreviated Company Accounts - THE WILL ASSOCIATES LTD

THE WILL ASSOCIATES LTD - Company Information

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Registered Number 07118208

THE WILL ASSOCIATES LTD

Abbreviated Accounts

31 January 2015

THE WILL ASSOCIATES LTD Registered Number 07118208

Abbreviated Balance Sheet as at 31 January 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 21,468 9,110
21,468 9,110
Current assets
Debtors 83,470 42,298
Cash at bank and in hand 358,561 87,763
442,031 130,061
Creditors: amounts falling due within one year (293,988) (70,004)
Net current assets (liabilities) 148,043 60,057
Total assets less current liabilities 169,511 69,167
Creditors: amounts falling due after more than one year (46,345) (47,115)
Provisions for liabilities (19,713) -
Total net assets (liabilities) 103,453 22,052
Capital and reserves
Called up share capital 100 100
Profit and loss account 103,353 21,952
Shareholders' funds 103,453 22,052
  • For the year ending 31 January 2015 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 July 2015

And signed on their behalf by:
Simon Wright, Director

THE WILL ASSOCIATES LTD Registered Number 07118208

Notes to the Abbreviated Accounts for the period ended 31 January 2015

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.

Turnover policy
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

2Tangible fixed assets
£
Cost
At 1 February 2014 12,310
Additions 19,515
Disposals -
Revaluations -
Transfers -
At 31 January 2015 31,825
Depreciation
At 1 February 2014 3,200
Charge for the year 7,157
On disposals -
At 31 January 2015 10,357
Net book values
At 31 January 2015 21,468
At 31 January 2014 9,110