Abbreviated Company Accounts - NEW WAVE COMMISSIONING LIMITED

Abbreviated Company Accounts - NEW WAVE COMMISSIONING LIMITED


Registered Number 07714489

NEW WAVE COMMISSIONING LIMITED

Abbreviated Accounts

31 July 2015

NEW WAVE COMMISSIONING LIMITED Registered Number 07714489

Abbreviated Balance Sheet as at 31 July 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 269 359
269 359
Current assets
Debtors 7,663 7,379
Cash at bank and in hand 74,899 46,131
82,562 53,510
Creditors: amounts falling due within one year (44,517) (36,831)
Net current assets (liabilities) 38,045 16,679
Total assets less current liabilities 38,314 17,038
Total net assets (liabilities) 38,314 17,038
Capital and reserves
Called up share capital 3 1 1
Profit and loss account 38,313 17,037
Shareholders' funds 38,314 17,038
  • For the year ending 31 July 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 18 January 2016

And signed on their behalf by:
J Arnold, Director

NEW WAVE COMMISSIONING LIMITED Registered Number 07714489

Notes to the Abbreviated Accounts for the period ended 31 July 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The full financial statements, from which these abbreviated accounts have been extracted, 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 comprises revenue recognised by the company in respect of goods and services supplied during the year, exclusive of Value Added Tax and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Office equipment - 25% reducing balance

2Tangible fixed assets
£
Cost
At 1 August 2014 479
Additions -
Disposals -
Revaluations -
Transfers -
At 31 July 2015 479
Depreciation
At 1 August 2014 120
Charge for the year 90
On disposals -
At 31 July 2015 210
Net book values
At 31 July 2015 269
At 31 July 2014 359
3Called Up Share Capital
Allotted, called up and fully paid:
2015
£
2014
£
1 Ordinary shares of £1 each 1 1