Abbreviated Company Accounts - RADIO WAVES COMMUNICATIONS UK LIMITED

Abbreviated Company Accounts - RADIO WAVES COMMUNICATIONS UK LIMITED


Registered Number 07014976

RADIO WAVES COMMUNICATIONS UK LIMITED

Abbreviated Accounts

31 August 2015

RADIO WAVES COMMUNICATIONS UK LIMITED Registered Number 07014976

Abbreviated Balance Sheet as at 31 August 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 2,062 3,949
2,062 3,949
Current assets
Stocks 23,035 15,543
Debtors 11,497 15,469
Cash at bank and in hand 7,629 4,253
42,161 35,265
Creditors: amounts falling due within one year (35,748) (31,862)
Net current assets (liabilities) 6,413 3,403
Total assets less current liabilities 8,475 7,352
Total net assets (liabilities) 8,475 7,352
Capital and reserves
Called up share capital 3 1 1
Profit and loss account 8,474 7,351
Shareholders' funds 8,475 7,352
  • For the year ending 31 August 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 26 April 2016

And signed on their behalf by:
T N Pedley, Director

RADIO WAVES COMMUNICATIONS UK LIMITED Registered Number 07014976

Notes to the Abbreviated Accounts for the period ended 31 August 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 the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.

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:

Plant & machinery - 25% reducing balance basis/over four years
Fixtures, fittings and equipment - 25% reducing balance basis/over four years

Other accounting policies
LEASING
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

STOCK
Stock is valued at the lower of cost and net realisable value.

2Tangible fixed assets
£
Cost
At 1 September 2014 17,069
Additions -
Disposals -
Revaluations -
Transfers -
At 31 August 2015 17,069
Depreciation
At 1 September 2014 13,120
Charge for the year 1,887
On disposals -
At 31 August 2015 15,007
Net book values
At 31 August 2015 2,062
At 31 August 2014 3,949
3Called Up Share Capital
Allotted, called up and fully paid:
2015
£
2014
£
1 Ordinary shares of £1 each 1 1