Abbreviated Company Accounts - WESSAR (INTERNATIONAL) LIMITED

Abbreviated Company Accounts - WESSAR (INTERNATIONAL) LIMITED

WESSAR (INTERNATIONAL) LIMITED - Company Information

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Registered Number 07733291

WESSAR (INTERNATIONAL) LIMITED

Abbreviated Accounts

31 August 2015

WESSAR (INTERNATIONAL) LIMITED Registered Number 07733291

Abbreviated Balance Sheet as at 31 August 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 31,322 56,981
31,322 56,981
Current assets
Debtors 842 1,750
Cash at bank and in hand 2,333 4,150
3,175 5,900
Creditors: amounts falling due within one year (39,985) (49,544)
Net current assets (liabilities) (36,810) (43,644)
Total assets less current liabilities (5,488) 13,337
Creditors: amounts falling due after more than one year (255,689) (254,294)
Total net assets (liabilities) (261,177) (240,957)
Capital and reserves
Called up share capital 100 100
Profit and loss account (261,277) (241,057)
Shareholders' funds (261,177) (240,957)
  • For the year ending 31 August 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 13 November 2015

And signed on their behalf by:
S Sartin, Director

WESSAR (INTERNATIONAL) LIMITED Registered Number 07733291

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

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements are prepared under the historical cost convention and comply with financial reporting standards of the Accounting Standards Board.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year.

Tangible assets depreciation policy
App development costs - 20% straight line
Fixtures, fittings and equipment - 25% reducing balance

2Tangible fixed assets
£
Cost
At 1 September 2014 139,959
Additions 2,204
Disposals -
Revaluations -
Transfers -
At 31 August 2015 142,163
Depreciation
At 1 September 2014 82,978
Charge for the year 27,863
On disposals -
At 31 August 2015 110,841
Net book values
At 31 August 2015 31,322
At 31 August 2014 56,981