Abbreviated Company Accounts - WHISPERS ENTERPRISE LIMITED

WHISPERS ENTERPRISE LIMITED - Company Information

Registered Number 07133843

WHISPERS ENTERPRISE LIMITED

Abbreviated Accounts

31 July 2015

WHISPERS ENTERPRISE LIMITED Registered Number 07133843

Abbreviated Balance Sheet as at 31 July 2015

	Notes	2015	2014
		£	£
Fixed assets
Intangible assets	2	-	2,000
Tangible assets	3	3,301	8,501
		3,301	10,501
Current assets
Stocks		18,355	5,560
Debtors		11,588	7,342
Cash at bank and in hand		9,760	21,905
		39,703	34,807
Creditors: amounts falling due within one year		(42,885)	(41,500)
Net current assets (liabilities)		(3,182)	(6,693)
Total assets less current liabilities		119	3,808
Total net assets (liabilities)		119	3,808
Capital and reserves
Called up share capital		2	2
Profit and loss account		117	3,806
Shareholders' funds		119	3,808

For the year ending 31 July 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 17 May 2016

And signed on their behalf by:
Gita De Sparham, Director

WHISPERS ENTERPRISE LIMITED Registered Number 07133843

Notes to the Abbreviated Accounts for the period ended 31 July 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.

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:

Leasehold properties - 20% straight line
Fixtures, fittings and equipment - 20% straight line

Intangible assets amortisation policy
Goodwill
Acquired goodwill is written off in equal annual instalments over its estimated useful economic life of 5 years.

2Intangible fixed assets

	£
Cost
At 1 August 2014	10,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2015	10,000
Amortisation
At 1 August 2014	8,000
Charge for the year	2,000
On disposals	-
At 31 July 2015	10,000
Net book values
At 31 July 2015	0
At 31 July 2014	2,000

3Tangible fixed assets

	£
Cost
At 1 August 2014	36,953
Additions	2,740
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2015	39,693
Depreciation
At 1 August 2014	28,452
Charge for the year	7,940
On disposals	-
At 31 July 2015	36,392
Net book values
At 31 July 2015	3,301
At 31 July 2014	8,501