Abbreviated Company Accounts - WWW WEBMASTER LIMITED

WWW WEBMASTER LIMITED - Company Information

03727470 WWW WEBMASTER LIMITED 2015-03-31 false 2014-04-01 2015-03-31 true 03727470 2014-04-01 2015-03-31 03727470 2015-03-31 03727470 2014-03-31 03727470 uk-gaap-cd-bus:Director1 2014-04-01 2015-03-31 03727470 uk-gaap-cd-bus:Director2 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 iso4217:GBP shares

Registered Number 03727470

WWW WEBMASTER LIMITED

Abbreviated Accounts

31 March 2015

WWW WEBMASTER LIMITED Registered Number 03727470

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	3,029	4,038
Investments	3	6,733	6,733
		9,762	10,771
Current assets
Debtors	4	24,593	57,673
Cash at bank and in hand		584,624	447,311
		609,217	504,984
Creditors: amounts falling due within one year		(53,579)	(80,063)
Net current assets (liabilities)		555,638	424,921
Total assets less current liabilities		565,400	435,692
Total net assets (liabilities)		565,400	435,692
Capital and reserves
Called up share capital	5	1	1
Profit and loss account		565,399	435,691
Shareholders' funds		565,400	435,692

For the year ending 31 March 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 11 December 2015

And signed on their behalf by:
Mr C L May, Director

WWW WEBMASTER LIMITED Registered Number 03727470

Notes to the Abbreviated Accounts for the period ended 31 March 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 turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset over the useful economic life of that asset as follows:

Equipment - 25% reducing balance

Other accounting policies
Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more tax.

Deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted.

Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rate of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

2Tangible fixed assets

	£
Cost
At 1 April 2014	8,302
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	8,302
Depreciation
At 1 April 2014	4,264
Charge for the year	1,009
On disposals	-
At 31 March 2015	5,273
Net book values
At 31 March 2015	3,029
At 31 March 2014	4,038

3Fixed assets Investments
Capital Bond
Cost at 1 April 2014 and 31 March 2015 £6,733
Net Book Value at 31 March 2014 and 31 March 2015 £6,733

4Debtors

Trade Debtors 2015: £24,593 2014: £57,673

5Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
1 Ordinary shares of £1 each	1	1