Abbreviated Company Accounts - WATERSLADE LIMITED

WATERSLADE LIMITED - Company Information

02782750 WATERSLADE LIMITED 2015-03-31 false 2014-04-01 2015-03-31 true 02782750 2014-04-01 2015-03-31 02782750 2015-03-31 02782750 2014-03-31 02782750 uk-gaap-cd-bus:Director1 2014-04-01 2015-03-31 02782750 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 02782750

WATERSLADE LIMITED

Abbreviated Accounts

31 March 2015

WATERSLADE LIMITED Registered Number 02782750

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	138,984	82,120
		138,984	82,120
Current assets
Stocks		55,000	35,000
Debtors		606,192	509,154
Cash at bank and in hand		66,026	112,183
		727,218	656,337
Creditors: amounts falling due within one year		(252,403)	(415,719)
Net current assets (liabilities)		474,815	240,618
Total assets less current liabilities		613,799	322,738
Total net assets (liabilities)		613,799	322,738
Capital and reserves
Called up share capital	3	30	30
Profit and loss account		613,769	322,708
Shareholders' funds		613,799	322,738

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 3 September 2015

And signed on their behalf by:
M Howarth, Director

WATERSLADE LIMITED Registered Number 02782750

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
Turnover represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of services falling within the company's ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
Fixtures, fittings and equipment - 50% straight line, 25% reducing balance, 25% straight line

Valuation information and policy
Work in progress is valued at the lower of cost and net realisable value. Cost includes all direct
expenditure and an appropriate proportion of fixed and variable overheads.

2Tangible fixed assets

	£
Cost
At 1 April 2014	408,927
Additions	103,192
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	512,119
Depreciation
At 1 April 2014	326,807
Charge for the year	46,328
On disposals	-
At 31 March 2015	373,135
Net book values
At 31 March 2015	138,984
At 31 March 2014	82,120

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
30 Ordinary shares of £1 each	30	30