Abbreviated Company Accounts - WAZ CONSULTING LTD

Abbreviated Company Accounts - WAZ CONSULTING LTD

WAZ CONSULTING LTD - Company Information

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Registered Number 06775653

WAZ CONSULTING LTD

Abbreviated Accounts

31 December 2014

WAZ CONSULTING LTD Registered Number 06775653

Abbreviated Balance Sheet as at 31 December 2014

Notes 2014 2013
£ £
Fixed assets
Intangible assets 2 6,482 6,623
Investments 3 90,000 -
96,482 6,623
Current assets
Debtors 22,860 10,830
Cash at bank and in hand 38,017 4,344
60,877 15,174
Creditors: amounts falling due within one year (108,067) (21,580)
Net current assets (liabilities) (47,190) (6,406)
Total assets less current liabilities 49,292 217
Total net assets (liabilities) 49,292 217
Capital and reserves
Called up share capital 2 2
Profit and loss account 49,290 215
Shareholders' funds 49,292 217
  • For the year ending 31 December 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 28 September 2015

And signed on their behalf by:
Waseem Sarwar, Director

WAZ CONSULTING LTD Registered Number 06775653

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

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.

Plant and machinery 20% straight line

2Intangible fixed assets
£
Cost
At 1 January 2014 9,828
Additions 1,479
Disposals -
Revaluations -
Transfers -
At 31 December 2014 11,307
Amortisation
At 1 January 2014 3,205
Charge for the year 1,620
On disposals -
At 31 December 2014 4,825
Net book values
At 31 December 2014 6,482
At 31 December 2013 6,623

3Fixed assets Investments
Investment in wholesale buying and selling of computers.