Roland Webster Associates Limited - Limited company - abbreviated - 11.9
Roland Webster Associates Limited - Limited company - abbreviated - 11.9
| REGISTERED NUMBER: |
| ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 JANUARY 2016 |
| FOR |
| ROLAND WEBSTER ASSOCIATES LIMITED |
| ROLAND WEBSTER ASSOCIATES LIMITED (REGISTERED NUMBER: 06816025) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31 JANUARY 2016 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| ROLAND WEBSTER ASSOCIATES LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31 JANUARY 2016 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| ROLAND WEBSTER ASSOCIATES LIMITED (REGISTERED NUMBER: 06816025) |
| ABBREVIATED BALANCE SHEET |
| 31 JANUARY 2016 |
| 2016 | 2015 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| CURRENT ASSETS |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 3 |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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 financial statements were approved by the director on |
| ROLAND WEBSTER ASSOCIATES LIMITED (REGISTERED NUMBER: 06816025) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31 JANUARY 2016 |
| 1. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| These financial statements have been prepared in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015) and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. |
| These financial statements have been prepared on the basis that the company will continue to be a going concern. If |
| this assumption is not considered valid, then adjustments would need to be made to reduce the value of assets to |
| their recoverable amount, to provide for any further liabilities that might arise and to reclassify fixed assets and long |
| term liabilities as current assets and liabilities. |
| Turnover |
| Turnover represents sales of services net of VAT. Turnover is recognised at the point the customer is entitled to |
| consideration. |
| Tangible fixed assets |
| Plant and machinery | - |
| Fixtures and fittings | - |
| Computer equipment | - |
| Deferred tax |
| Deferred taxation is provided in full on timing differences which represent a liability at the balance sheet date, at |
| rates expected to apply when they crystallise based on current tax rates and law. Timing differences arise from the |
| inclusion of items of income and expenditure in taxation computations in periods different from those in which they |
| are included in financial statements. Deferred tax is not provided on timing differences arising from the revaluation of |
| fixed assets where there is no commitment to sell the asset. Deferred tax assets and liabilities are not discounted. |
| 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 profit or loss in the period to which they relate. |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 February 2015 |
| Additions |
| At 31 January 2016 |
| DEPRECIATION |
| At 1 February 2015 |
| Charge for year |
| At 31 January 2016 |
| NET BOOK VALUE |
| At 31 January 2016 |
| At 31 January 2015 |
| ROLAND WEBSTER ASSOCIATES LIMITED (REGISTERED NUMBER: 06816025) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| FOR THE YEAR ENDED 31 JANUARY 2016 |
| 3. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2016 | 2015 |
| value: | £ | £ |
| Ordinary | £1 |
| 4. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
| During the year, R Webster decreased his loan to the company. As at 31 January 2016, the company owed him |
| £11,302 (2015: £24,891). This balance represented the maximum amount outstanding during the year and the loan |
| is interest free and repayable on demand. |
| During the year, the company voted R Webster dividends of £29,100. The company also paid him rent amounting to |
| £1,586 (2015: £1,510) as a result of utilising space within his home. |
| 5. | ACCOUNTING BASIS |
| As stated in the accounting policy note, these financial statements have been prepared on the basis that the company |
| will continue to be a going concern. As at the year end the current liabilities exceeded current assets by £1,484. |
| The validity of this basis depends upon the continued support of the company's director. The director confirms that |
| he will give the required support. |