Abbreviated Company Accounts - WEBCAN LTD

Abbreviated Company Accounts - WEBCAN LTD


Registered Number 04371835

WEBCAN LTD

Abbreviated Accounts

28 February 2016

WEBCAN LTD Registered Number 04371835

Abbreviated Balance Sheet as at 28 February 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 29,559 29,559
29,559 29,559
Creditors: amounts falling due within one year (28,056) (28,056)
Net current assets (liabilities) (28,056) (28,056)
Total assets less current liabilities 1,503 1,503
Total net assets (liabilities) 1,503 1,503
Capital and reserves
Called up share capital 3 2 2
Profit and loss account 1,501 1,501
Shareholders' funds 1,503 1,503
  • For the year ending 28 February 2016 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 7 March 2016

And signed on their behalf by:
Abdul Sattar, Director

WEBCAN LTD Registered Number 04371835

Notes to the Abbreviated Accounts for the period ended 28 February 2016

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 amount of rents received.

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:-

Land and buildings - Straight line over fifty years

2Tangible fixed assets
£
Cost
At 1 March 2015 29,559
Additions -
Disposals -
Revaluations -
Transfers -
At 28 February 2016 29,559
Depreciation
At 1 March 2015 -
Charge for the year -
On disposals -
At 28 February 2016 -
Net book values
At 28 February 2016 29,559
At 28 February 2015 29,559
3Called Up Share Capital
Allotted, called up and fully paid:
2016
£
2015
£
2 Ordinary shares of £1 each 2 2