Abbreviated Company Accounts - WCP ASSOCIATES LIMITED

WCP ASSOCIATES LIMITED - Company Information

05308553 WCP ASSOCIATES LIMITED 2013-12-31 false 2013-01-01 2013-12-31 true 05308553 2013-01-01 2013-12-31 05308553 2013-12-31 05308553 2012-12-31 05308553 uk-gaap-cd-bus:Director1 2013-01-01 2013-12-31 05308553 uk-gaap-cd-bus:Director2 2013-01-01 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-01-01 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2012-12-31 iso4217:GBP shares

Registered Number 05308553

WCP ASSOCIATES LIMITED

Abbreviated Accounts

31 December 2013

WCP ASSOCIATES LIMITED Registered Number 05308553

Abbreviated Balance Sheet as at 31 December 2013

	Notes	2013	2012
		£	£
Fixed assets
Intangible assets	2	50,000	50,000
Tangible assets	3	12,284	23,881
		62,284	73,881
Current assets
Debtors		65,220	72,360
Cash at bank and in hand		113,986	125,208
		179,206	197,568
Creditors: amounts falling due within one year		(53,957)	(92,854)
Net current assets (liabilities)		125,249	104,714
Total assets less current liabilities		187,533	178,595
Creditors: amounts falling due after more than one year		-	(7,882)
Provisions for liabilities		(1,272)	(1,138)
Total net assets (liabilities)		186,261	169,575
Capital and reserves
Called up share capital	4	55	55
Profit and loss account		186,206	169,520
Shareholders' funds		186,261	169,575

For the year ending 31 December 2013 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 24 September 2014

And signed on their behalf by:
Robert SEGER, Director
Gavin Alan GARNER, Director

WCP ASSOCIATES LIMITED Registered Number 05308553

Notes to the Abbreviated Accounts for the period ended 31 December 2013

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 total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.

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

Plant and machinery - 10% reducing balance
Fixtures, fittings and equipment - 10% reducing balance
Motor vehicles - 25% reducing balance

2Intangible fixed assets

	£
Cost
At 1 January 2013	50,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2013	50,000
Amortisation
At 1 January 2013	-
Charge for the year	-
On disposals	-
At 31 December 2013	-
Net book values
At 31 December 2013	50,000
At 31 December 2012	50,000

3Tangible fixed assets

	£
Cost
At 1 January 2013	52,517
Additions	1,205
Disposals	(30,500)
Revaluations	-
Transfers	-
At 31 December 2013	23,222
Depreciation
At 1 January 2013	28,636
Charge for the year	1,365
On disposals	(19,063)
At 31 December 2013	10,938
Net book values
At 31 December 2013	12,284
At 31 December 2012	23,881

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

	2013 £	2012 £
55 Ordinary shares of £1 each	55	55