Abbreviated Company Accounts - WASH DESIGN LIMITED

Abbreviated Company Accounts - WASH DESIGN LIMITED

WASH STUDIO LIMITED - Company Information

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Registered Number 04696891

WASH DESIGN LIMITED

Abbreviated Accounts

30 June 2015

WASH DESIGN LIMITED Registered Number 04696891

Abbreviated Balance Sheet as at 30 June 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 2,450 2,686
2,450 2,686
Current assets
Debtors 650,462 74,719
Cash at bank and in hand 63,596 23
714,058 74,742
Creditors: amounts falling due within one year (666,953) (53,554)
Net current assets (liabilities) 47,105 21,188
Total assets less current liabilities 49,555 23,874
Total net assets (liabilities) 49,555 23,874
Capital and reserves
Called up share capital 310 300
Profit and loss account 49,245 23,574
Shareholders' funds 49,555 23,874
  • For the year ending 30 June 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 9 October 2015

And signed on their behalf by:
A Walmsley, Director

WASH DESIGN LIMITED Registered Number 04696891

Notes to the Abbreviated Accounts for the period ended 30 June 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
The Company’s turnover represents the value, excluding Value Added Tax, of goods sold and services supplied to customers during the period.

Tangible assets depreciation policy
Depreciation has been provided to write off the cost of tangible fixed assets over their expected useful lives using the following rates:-

Computer Equipment - Straight Line over 3 Years
Office & Creative Equipment - Straight Line over 3 Years

2Tangible fixed assets
£
Cost
At 1 July 2014 25,277
Additions 2,860
Disposals -
Revaluations -
Transfers -
At 30 June 2015 28,137
Depreciation
At 1 July 2014 22,591
Charge for the year 3,096
On disposals -
At 30 June 2015 25,687
Net book values
At 30 June 2015 2,450
At 30 June 2014 2,686