Abbreviated Company Accounts - R WALKER & CO (NORTH EAST) LIMITED

R WALKER & CO (NORTH EAST) LIMITED - Company Information

Registered Number 08345166

R WALKER & CO (NORTH EAST) LIMITED

Abbreviated Accounts

31 March 2015

R WALKER & CO (NORTH EAST) LIMITED Registered Number 08345166

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Intangible assets	2	90,750	80,750
Tangible assets	3	12,649	13,882
		103,399	94,632
Current assets
Debtors		16,973	17,305
Cash at bank and in hand		26,292	11,404
		43,265	28,709
Creditors: amounts falling due within one year		(35,348)	(26,121)
Net current assets (liabilities)		7,917	2,588
Total assets less current liabilities		111,316	97,220
Creditors: amounts falling due after more than one year		(58,100)	(66,400)
Total net assets (liabilities)		53,216	30,820
Capital and reserves
Called up share capital		100	100
Profit and loss account		53,116	30,720
Shareholders' funds		53,216	30,820

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 22 December 2015

And signed on their behalf by:
MR K PRIESTMAN, Director

R WALKER & CO (NORTH EAST) LIMITED Registered Number 08345166

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 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.

Plant and machinery 15% reducing balance

Intangible assets amortisation policy
Goodwill Straight line over 20 years

2Intangible fixed assets

	£
Cost
At 1 April 2014	85,000
Additions	15,000
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	100,000
Amortisation
At 1 April 2014	4,250
Charge for the year	5,000
On disposals	-
At 31 March 2015	9,250
Net book values
At 31 March 2015	90,750
At 31 March 2014	80,750

3Tangible fixed assets

	£
Cost
At 1 April 2014	16,332
Additions	1,000
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	17,332
Depreciation
At 1 April 2014	2,450
Charge for the year	2,233
On disposals	-
At 31 March 2015	4,683
Net book values
At 31 March 2015	12,649
At 31 March 2014	13,882