Abbreviated Company Accounts - PW PROCESS LIMITED

PW PROCESS LIMITED - Company Information

08499829 PW PROCESS LIMITED 2015-04-28 false 2014-05-01 2015-04-28 true 08499829 2014-05-01 2015-04-28 08499829 2015-04-28 08499829 2014-04-30 08499829 uk-gaap-cd-bus:Director1 2014-05-01 2015-04-28 08499829 uk-gaap-cd-bus:Director2 2014-05-01 2015-04-28 uk-gaap-cd-bus:Director3 2014-05-01 2015-04-28 uk-gaap-cd-bus:Director3 2015-04-28 uk-gaap-cd-bus:Director3 2014-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-05-01 2015-04-28 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-28 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-30 iso4217:GBP shares

Registered Number 08499829

PW PROCESS LIMITED

Abbreviated Accounts

28 April 2015

PW PROCESS LIMITED Registered Number 08499829

Abbreviated Balance Sheet as at 28 April 2015

	Notes	2015	2014
		£	£
Called up share capital not paid		-	-
Fixed assets
Tangible assets	2	63,074	24,150
		63,074	24,150
Current assets
Debtors		174,914	222,805
Cash at bank and in hand		200,531	225,930
		375,445	448,735
Creditors: amounts falling due within one year		(135,531)	(290,748)
Net current assets (liabilities)		239,914	157,987
Total assets less current liabilities		302,988	182,137
Total net assets (liabilities)		302,988	182,137
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		302,888	182,037
Shareholders' funds		302,988	182,137

For the year ending 28 April 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 28 April 2016

And signed on their behalf by:
P K Wright, Director

PW PROCESS LIMITED Registered Number 08499829

Notes to the Abbreviated Accounts for the period ended 28 April 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 goods and 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:

Plant, machinery and motor vehicles - 25% straight line on cost

Other accounting policies
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit and loss account on a straight line basis over the period of the lease.

Pensions
The company operates a defined contribution pension scheme. Contributions payable for the period are charged in the profit and loss account.

2Tangible fixed assets

	£
Cost
At 1 May 2014	28,588
Additions	95,494
Disposals	(51,074)
Revaluations	-
Transfers	-
At 28 April 2015	73,008
Depreciation
At 1 May 2014	4,438
Charge for the year	13,905
On disposals	(8,409)
At 28 April 2015	9,934
Net book values
At 28 April 2015	63,074
At 30 April 2014	24,150

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
100 Ordinary shares of £1 each	100	100

4Transactions with directors

Name of director receiving advance or credit:	Mr P K Wright and Mrs K Wright
Description of the transaction:	Directors account
Balance at 1 May 2014:	£ 2,479
Advances or credits made:	£ 60,000
Advances or credits repaid:	£ 60,801
Balance at 28 April 2015:	£ 1,678

During the period, one of the directors, Mrs K Wright acquired a motor vehicle that belonged to the company at a valuation of £26000. The valuation had been assessed and prepared by a local motor dealership.