25 Wt Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 06940498 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 June 2015

for

25 Wt Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

S Furneaux

M N Harb

P Kohout

Professor R Leonardi

SECRETARY:

S Furneaux

REGISTERED OFFICE:

25, Westbourne Terrace

London

W2 3UN

REGISTERED NUMBER:

06940498 (England and Wales)

ACCOUNTANTS:

Abasy Yates & Co

27, Lexham Gardens

London

W8 5JJ

FIXED ASSETS

Tangible assets

2

74,000

CURRENT ASSETS

Cash in hand

4

CREDITORS

Amounts falling due within one year

74,004

NET CURRENT LIABILITIES

(74,000

)

TOTAL ASSETS LESS CURRENT LIABILITIES

-

RESERVES

-

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

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

The directors acknowledge their 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 surplus or deficit 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 Board of Directors on 11 March 2016 and were signed on its behalf by:

S Furneaux - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

Tangible fixed assets and depreciation

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 Nil

The company acquired the freehold interest of 25, Westbourne Terrace, London W2 3UN in order to best protect

the interests of the lessees. The directors do not consider it appropriate to depreciate the property

Deferred taxation

The company is a non-profit making organisation and under present legislation will only be liable for tax if any

income is received. In the opinion of the directors the company will have no deferred tax liabilities.

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).

The company was dormant throughout the year ended 30 June 2015.

Tangible fixed assets

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

Deferred tax

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

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2014

and 30 June 2015

74,000

NET BOOK VALUE

At 30 June 2015

74,000

At 30 June 2014

74,000