Woohoo.co.uk Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: SC256216 (Scotland)

Woohoo.co.uk Limited

Abbreviated Unaudited Accounts

for the Year Ended 30 September 2015

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

F Edwards

SECRETARY:

F J Edwards

REGISTERED OFFICE:

9 Ainslie Place

Edinburgh

EH3 6AT

REGISTERED NUMBER:

SC256216 (Scotland)

ACCOUNTANTS:

Whitelaw Wells

9 Ainslie Place

Edinburgh

EH3 6AT

BANKERS:

HSBC

76 Hanover Street

Edinburgh

EH2 1EL

FIXED ASSETS

Tangible assets

2

80

258

CURRENT ASSETS

Stocks

11,993

11,323

Debtors

4,873

17,145

Cash at bank

57,316

80,181

74,182

108,649

CREDITORS

Amounts falling due within one year

13,933

22,989

NET CURRENT ASSETS

60,249

85,660

TOTAL ASSETS LESS CURRENT LIABILITIES

60,329

85,918

PROVISIONS FOR LIABILITIES

16

52

NET ASSETS

60,313

85,866

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

60,213

85,766

SHAREHOLDERS' FUNDS

60,313

85,866

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 24 February 2016 and were signed by:

F Edwards - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in

accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover and revenue recognition

Turnover represents net amounts invoiced for the provision of internet marketing and web design,

excluding value added tax. Revenue is recognised when the service has been provided to the

customers.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Equipment - 25% straight line

Fixture and fittings - 25% straight line

Stocks

Stock, being domain names are valued at the lower of cost and net realisable value, after making

due allowance for obsolete and slow moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed

at the balance sheet date where transactions or events have occurred at that date that will result in

an obligation to pay more, or a right to pay less or to receive more, tax, Deferred tax assets are

recognised only to the extent that the directors consider that it is more likely than not that there

will be suitable taxable profits from which the future reversal of the underlying timing differences

can be deducted. Deferred tax is measured on an undiscounted basis at the rates that are expected

to apply in the periods in which timing differences reverse, based in tax rates and laws enacted or

substantively enacted at the balance sheet

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line

basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the

company's pension scheme are charged to the profit and loss account in the period to which they

relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2014

4,721

Disposals

(788

)

At 30 September 2015

3,933

DEPRECIATION

At 1 October 2014

4,463

Charge for year

178

Eliminated on disposal

(788

)

At 30 September 2015

3,853

NET BOOK VALUE

At 30 September 2015

80

At 30 September 2014

258

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

100

Ordinary

£1

100

100