Walker Innovation Networks Ltd - Limited company - abbreviated

REGISTERED NUMBER: 06381991 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2015

FOR

WALKER INNOVATION NETWORKS LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

C H Walker

Mrs J A Walker

SECRETARY:

Mrs J A Walker

REGISTERED OFFICE:

7 Church Lane

Costock

Loughborough

Leicestershire

LE12 6UZ

REGISTERED NUMBER:

06381991 (England and Wales)

ACCOUNTANTS:

PWH Accountancy Ltd

The Counting House

High Street

Lutterworth

Leicestershire

LE17 4AY

FIXED ASSETS

Tangible assets

2

3,492

4,108

CURRENT ASSETS

Debtors

8,430

7,145

Cash at bank and in hand

10,826

8,880

19,256

16,025

CREDITORS

Amounts falling due within one year

13,650

13,174

NET CURRENT ASSETS

5,606

2,851

TOTAL ASSETS LESS CURRENT
LIABILITIES

9,098

6,959

PROVISIONS FOR LIABILITIES

675

794

NET ASSETS

8,423

6,165

CAPITAL AND RESERVES

Called up share capital

3

1,000

Profit and loss account

7,423

5,165

SHAREHOLDERS' FUNDS

8,423

6,165

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 16 October 2015 and were signed on its behalf by:

C H Walker - Director

Mrs J A Walker - 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 services, 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.

Fixtures, fittings and equipment

-

15% 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 October 2014

and 30 September 2015

7,058

DEPRECIATION

At 1 October 2014

2,950

Charge for year

616

At 30 September 2015

3,566

NET BOOK VALUE

At 30 September 2015

3,492

At 30 September 2014

4,108

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.15

30.9.14

value:

£

500

A Ordinary

£1

500

B Ordinary

£1

500

1,000

Walker Innovation Networks Ltd - Limited company - abbreviated - 11.9

Walker Innovation Networks Ltd - Limited company - abbreviated - 11.9