Abbreviated Company Accounts - AJR WATT ASSOCIATES LTD

Abbreviated Company Accounts - AJR WATT ASSOCIATES LTD

AJR WATT ASSOCIATES LTD - Company Information

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Registered Number 06607192

AJR WATT ASSOCIATES LTD

Abbreviated Accounts

31 May 2015

AJR WATT ASSOCIATES LTD Registered Number 06607192

Abbreviated Balance Sheet as at 31 May 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 699 932
699 932
Current assets
Debtors 1,937 300
Cash at bank and in hand 7,844 6,686
9,781 6,986
Creditors: amounts falling due within one year (8,821) (6,837)
Net current assets (liabilities) 960 149
Total assets less current liabilities 1,659 1,081
Total net assets (liabilities) 1,659 1,081
Capital and reserves
Called up share capital 1 1
Profit and loss account 1,658 1,080
Shareholders' funds 1,659 1,081
  • 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 19 August 2015

And signed on their behalf by:
ANDREW WATT, Director

AJR WATT ASSOCIATES LTD Registered Number 06607192

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 net invoiced sales of services, excluding value added tax.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:
Computer equipment - 25% on reducing balance

2Tangible fixed assets
£
Cost
At 1 June 2014 2,683
Additions -
Disposals -
Revaluations -
Transfers -
At 31 May 2015 2,683
Depreciation
At 1 June 2014 1,751
Charge for the year 233
On disposals -
At 31 May 2015 1,984
Net book values
At 31 May 2015 699
At 31 May 2014 932