Waypoint (UK) Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 04638677 (England and Wales)

WAYPOINT (UK) LIMITED

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2015

The following reproduces the text of the report prepared for the director in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to four)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Waypoint (UK) Limited for the year ended 31 March 2015 which comprise the Profit and Loss

Account, the Balance Sheet and the related notes from the company's accounting records and from information and

explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the director of Waypoint (UK) Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Waypoint (UK) Limited and state those matters that we have agreed to state to the director of Waypoint (UK) Limited in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Waypoint (UK) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Waypoint (UK) Limited. You consider that Waypoint (UK) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Waypoint (UK) Limited. For

this reason, we have not verified the accuracy or completeness of the accounting records or information and

explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Rothman Pantall LLP

Chartered Accountants

Fryern House

125 Winchester Road

Chandlers Ford

Hampshire

SO53 2DR

22 December 2015

Page

Chartered Accountants' Report

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

FIXED ASSETS

Tangible assets

2

-

1,446

CURRENT ASSETS

Debtors

100

24,667

Cash at bank

-

41,787

100

66,454

CREDITORS

Amounts falling due within one year

-

41,887

NET CURRENT ASSETS

100

24,567

TOTAL ASSETS LESS CURRENT LIABILITIES

100

26,013

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

-

25,913

SHAREHOLDERS' FUNDS

100

26,013

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 22 December 2015 and were signed by:

Mr P Blowers - Director

1.	ACCOUNTING POLICIES

Basis of accounting

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net amounts invoiced during the year (excluding value added tax) adjusted for accrued and

deferred income where applicable.

Depreciation

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% straight line

Computer equipment

-

50% on cost

Fixed assets

All fixed assets are initially recorded at cost.

Taxation

The charge for taxation is based on the profit for the year and takes into account taxation deferred.

Current tax is measured at amounts expected to be paid using tax rates and laws that have been enacted or

substantively enacted by the balance sheet date.

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 right to pay less or to receive more, tax.

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.

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised

when paid. Final equity dividends are recognised when approved by the shareholders at an annual general

meeting.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

22,418

Additions

109

Hive up

(22,527

)

At 31 March 2015

-

DEPRECIATION

At 1 April 2014

20,972

Charge for year

529

Hive up

(21,501

)

At 31 March 2015

-

NET BOOK VALUE

At 31 March 2015

-

At 31 March 2014

1,446

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

35

A Ordinary

£1

35

35

35

B Ordinary

£1

35

35

15

C Ordinary

£1

15

15

15

D Ordinary

£1

15

15

100

100

4.	ULTIMATE PARENT COMPANY

The ultimate parent company is Hurst (UK) Limited.