Abbreviated Company Accounts - M C WHITTON & SON LIMITED

Abbreviated Company Accounts - M C WHITTON & SON LIMITED

M C WHITTON & SON LIMITED - Company Information

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Registered Number 05944336

M C WHITTON & SON LIMITED

Abbreviated Accounts

30 September 2015

M C WHITTON & SON LIMITED Registered Number 05944336

Abbreviated Balance Sheet as at 30 September 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 17,834 5,010
17,834 5,010
Current assets
Debtors 731 1,775
Cash at bank and in hand 58,968 37,166
59,699 38,941
Creditors: amounts falling due within one year (16,841) (5,785)
Net current assets (liabilities) 42,858 33,156
Total assets less current liabilities 60,692 38,166
Creditors: amounts falling due after more than one year (11,328) -
Total net assets (liabilities) 49,364 38,166
Capital and reserves
Called up share capital 100 100
Profit and loss account 49,264 38,066
Shareholders' funds 49,364 38,166
  • For the year ending 30 September 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 20 June 2016

And signed on their behalf by:
Mr M Whitton, Director
Mr J Whitton, Director

M C WHITTON & SON LIMITED Registered Number 05944336

Notes to the Abbreviated Accounts for the period ended 30 September 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
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Plant & Machinery - 20% reducing balance
Fixtures, Fittings and Equipment - 25% reducing balance
Motor Vehicles - 25% reducing balance

2Tangible fixed assets
£
Cost
At 1 October 2014 17,504
Additions 17,995
Disposals (4,995)
Revaluations -
Transfers -
At 30 September 2015 30,504
Depreciation
At 1 October 2014 12,494
Charge for the year 2,362
On disposals (2,186)
At 30 September 2015 12,670
Net book values
At 30 September 2015 17,834
At 30 September 2014 5,010