| We Fix Ltd |
| Registered number: |
05649961 |
| Abbreviated Balance Sheet |
| as at 31 January 2015 |
|
| Notes |
|
|
2015 |
|
|
2014 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
936 |
|
|
1,134 |
|
| Current assets |
| Stocks |
|
|
200 |
|
|
200 |
| Debtors |
|
|
2,510 |
|
|
800 |
| Cash at bank and in hand |
|
|
1,983 |
|
|
3,868 |
|
|
|
4,693 |
|
|
4,868 |
|
| Creditors: amounts falling due within one year |
|
|
(69,477) |
|
|
(77,891) |
|
| Net current liabilities |
|
|
|
(64,784) |
|
|
(73,023) |
|
| Net liabilities |
|
|
|
(63,848) |
|
|
(71,889) |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
3 |
|
|
1,000 |
|
|
1,000 |
| Profit and loss account |
|
|
|
(64,848) |
|
|
(72,889) |
|
| Shareholders' funds |
|
|
|
(63,848) |
|
|
(71,889) |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| Members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
| Mr P Johnson |
| Director |
| Approved by the board on 23 September 2015 |
|
| We Fix Ltd |
| Notes to the Abbreviated Accounts |
| for the year ended 31 January 2015 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
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 |
|
Turnover represents the value of sales during the year and is attributable to the one principal activity of the company. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Website |
25% reducing balance |
|
Office equipment |
25% reducing balance |
|
|
Stocks |
|
Stock is valued at the lower of cost and net realisable value. |
|
|
| 2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 February 2014 |
5,303 |
|
At 31 January 2015 |
5,303 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 February 2014 |
4,169 |
|
Charge for the year |
198 |
|
At 31 January 2015 |
4,367 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 January 2015 |
936 |
|
At 31 January 2014 |
1,134 |
|
|
|
|
|
|
|
|
| 3 |
Share capital |
Nominal |
|
2015 |
|
2015 |
|
2014 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
1,000 |
|
1,000 |
|
1,000 |
|
|
|
|
|
|
|
|
|
