Abbreviated Company Accounts - W.A.S. & K.A. TAYLOR LTD.

W.A.S. & K.A. TAYLOR LTD. - Company Information

SC249871 W.A.S. & K.A. TAYLOR LTD. 2015-03-31 false 2014-04-01 2015-03-31 true SC249871 2014-04-01 2015-03-31 SC249871 2015-03-31 SC249871 2014-03-31 SC249871 uk-gaap-cd-bus:Director1 2014-04-01 2015-03-31 SC249871 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 SC249871

W.A.S. & K.A. TAYLOR LTD.

Abbreviated Accounts

31 March 2015

W.A.S. & K.A. TAYLOR LTD. Registered Number SC249871

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	114,541	5,450
		114,541	5,450
Current assets
Debtors		36,705	31,261
Cash at bank and in hand		75,706	217,502
		112,411	248,763
Creditors: amounts falling due within one year		(36,056)	(40,136)
Net current assets (liabilities)		76,355	208,627
Total assets less current liabilities		190,896	214,077
Total net assets (liabilities)		190,896	214,077
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		190,894	214,075
Shareholders' funds		190,896	214,077

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 15 December 2015

And signed on their behalf by:
W A S Taylor, Director

W.A.S. & K.A. TAYLOR LTD. Registered Number SC249871

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 January 2015.

Turnover policy
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Computer Equipment 25% straight line
Equipment 25% straight line

Other accounting policies
Deferred taxation
Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.

2Tangible fixed assets

	£
Cost
At 1 April 2014	20,475
Additions	112,993
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	133,468
Depreciation
At 1 April 2014	15,025
Charge for the year	3,902
On disposals	-
At 31 March 2015	18,927
Net book values
At 31 March 2015	114,541
At 31 March 2014	5,450

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

	2015 £	2014 £
2 Ordinary shares of £1 each	2	2