Willow Ross Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 07687580 (England and Wales)

Abbreviated Accounts for the Year Ended 30 June 2015

for

Willow Ross Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Report of the Accountants

6

DIRECTOR:

Mrs B M J Ross

SECRETARY:

REGISTERED OFFICE:

34 Willow Lane

Milton

Abingdon

Oxfordshire

OX14 4EG

REGISTERED NUMBER:

07687580 (England and Wales)

ACCOUNTANTS:

Westell Accountants

3 Bradfield Court

Drayton Mill, Milton Road

Drayton

Abingdon

Oxfordshire

OX14 4EF

FIXED ASSETS

Intangible assets

2

2,000

4,000

Tangible assets

3

5,629

6,760

7,629

10,760

CURRENT ASSETS

Debtors

1,540

846

Cash at bank

7,460

5,344

9,000

6,190

CREDITORS

Amounts falling due within one year

8,610

6,786

NET CURRENT ASSETS/(LIABILITIES)

390

(596

)

TOTAL ASSETS LESS CURRENT LIABILITIES

8,019

10,164

PROVISIONS FOR LIABILITIES

1,126

1,352

NET ASSETS

6,893

8,812

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

6,793

8,712

SHAREHOLDERS' FUNDS

6,893

8,812

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 17 November 2015 and were signed by:

Mrs B M J Ross - Director

1.	ACCOUNTING POLICIES

Accounting convention

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 invoiced sales of services, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets

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

Plant and machinery etc

-

20% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2014

and 30 June 2015

10,000

AMORTISATION

At 1 July 2014

6,000

Amortisation for year

2,000

At 30 June 2015

8,000

NET BOOK VALUE

At 30 June 2015

2,000

At 30 June 2014

4,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2014

10,325

Additions

246

At 30 June 2015

10,571

DEPRECIATION

At 1 July 2014

3,565

Charge for year

1,377

At 30 June 2015

4,942

NET BOOK VALUE

At 30 June 2015

5,629

At 30 June 2014

6,760

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.15

30.6.14

value:

£

£

100

Ordinary

£1

100

100

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 five)

have been prepared.

As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended 30 June 2015 set out on pages three to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Westell Accountants

3 Bradfield Court

Drayton Mill, Milton Road

Drayton

Abingdon

Oxfordshire

OX14 4EF

Date: .............................................