Abbreviated Company Accounts - PHILIP WOOLLER LTD

PHILIP WOOLLER LTD - Company Information

08064416 PHILIP WOOLLER LTD 2015-05-31 false 2014-06-01 2015-05-31 true 08064416 2014-06-01 2015-05-31 08064416 2015-05-31 08064416 2014-05-31 08064416 uk-gaap-cd-bus:Director1 2014-06-01 2015-05-31 08064416 uk-gaap-cd-bus:Director2 2014-06-01 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-06-01 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-05-31 uk-gaap-cd-bus:OrdinaryShareClass2 2014-06-01 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass2 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass2 2014-05-31 iso4217:GBP shares

Registered Number 08064416

PHILIP WOOLLER LTD

Abbreviated Accounts

31 May 2015

PHILIP WOOLLER LTD Registered Number 08064416

Abbreviated Balance Sheet as at 31 May 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	16,445	7,909
		16,445	7,909
Current assets
Debtors		42,075	1,500
Cash at bank and in hand		303,331	285,819
		345,406	287,319
Creditors: amounts falling due within one year		(209,712)	(231,928)
Net current assets (liabilities)		135,694	55,391
Total assets less current liabilities		152,139	63,300
Total net assets (liabilities)		152,139	63,300
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		152,039	63,200
Shareholders' funds		152,139	63,300

For the year ending 31 May 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 5 November 2015

And signed on their behalf by:
Philip Wooller, Director

PHILIP WOOLLER LTD Registered Number 08064416

Notes to the Abbreviated Accounts for the period ended 31 May 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 amounts receivable for goods and services net of VAT 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 less estimated residual value of each asset over its expected useful life, as follows:
Fixtures, fittings & equipment 25% reducing balance

Other accounting policies
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).

2Tangible fixed assets

	£
Cost
At 1 June 2014	13,045
Additions	14,017
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2015	27,062
Depreciation
At 1 June 2014	5,136
Charge for the year	5,481
On disposals	-
At 31 May 2015	10,617
Net book values
At 31 May 2015	16,445
At 31 May 2014	7,909

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
50 A Ordinary shares of £1 each	50	50
50 B Ordinary shares of £1 each	50	50