Abbreviated Company Accounts - WILLIAM WILLIS & CO LIMITED

WILLIAM WILLIS & CO LIMITED - Company Information

NI006927 WILLIAM WILLIS & CO LIMITED 2015-04-30 false 2014-05-01 2015-04-30 true NI006927 2014-05-01 2015-04-30 NI006927 2015-04-30 NI006927 2014-04-30 NI006927 uk-gaap-cd-bus:Director1 2014-05-01 2015-04-30 NI006927 uk-gaap-cd-bus:Director2 2014-05-01 2015-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-05-01 2015-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-30 iso4217:GBP shares

Registered Number NI006927

WILLIAM WILLIS & CO LIMITED

Abbreviated Accounts

30 April 2015

WILLIAM WILLIS & CO LIMITED Registered Number NI006927

Abbreviated Balance Sheet as at 30 April 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	119	239
Investments	3	750,000	750,000
		750,119	750,239
Current assets
Debtors		5,989	5,989
Cash at bank and in hand		110,949	115,562
		116,938	121,551
Creditors: amounts falling due within one year		(15,063)	(15,959)
Net current assets (liabilities)		101,875	105,592
Total assets less current liabilities		851,994	855,831
Total net assets (liabilities)		851,994	855,831
Capital and reserves
Called up share capital	4	18,709	18,709
Revaluation reserve		557,389	557,389
Profit and loss account		275,896	279,733
Shareholders' funds		851,994	855,831

For the year ending 30 April 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:
Mr John Willis, Director

WILLIAM WILLIS & CO LIMITED Registered Number NI006927

Notes to the Abbreviated Accounts for the period ended 30 April 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 rents receivable.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided at rates calculated to write off the cost or valuation less estimated residual value of each asset over its expected useful life, as follows:

Computer equipment 25% straight line

Other accounting policies
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

Investments
Fixed asset investments are stated at directors valuation.

Dividends
Dividends paid are included in the Company financial statements in the period in which the related dividends are actually paid.

2Tangible fixed assets

	£
Cost
At 1 May 2014	1,277
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2015	1,277
Depreciation
At 1 May 2014	1,038
Charge for the year	120
On disposals	-
At 30 April 2015	1,158
Net book values
At 30 April 2015	119
At 30 April 2014	239

3Fixed assets Investments
Cost or valuation
At 1 May 2014 & at 30 April 2015 £750,000

Net book value
At 30 April 2015 & at 30 April 2014 £750,000

The directors re-valued the investment property during the year ended 30 April 2012. The directors are of the opinion that the value of the Investment Property as stated in the financial statements represents the Open Market Value as at 30 April 2015

4Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
18,709 Ordinary shares of £1 each	18,709	18,709