Company Registration No. 04623264 (England and Wales)
WOLBRIDGE LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2015
WOLBRIDGE LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2
WOLBRIDGE LIMITED
ABBREVIATED BALANCE SHEET
AS AT
30 SEPTEMBER 2015
30 September 2015
- 1 -
2015
2014
Notes
£
£
£
£
Fixed assets
Tangible assets
2
152,669
144,532
Current assets
Stocks
26,500
15,000
Debtors
136,936
184,730
163,436
199,730
Creditors: amounts falling due within one year
(257,712)
(302,231)
Net current liabilities
(94,276)
(102,501)
Total assets less current liabilities
58,393
42,031
Creditors: amounts falling due after more than one year
(56,044)
(40,000)
2,349
2,031
Capital and reserves
Called up share capital
3
200
200
Profit and loss account
2,149
1,831
Shareholders' funds
2,349
2,031
For the financial year ended 30 September 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 30 June 2016
Mr B Singh
Director
Company Registration No. 04623264
WOLBRIDGE LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2015
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.
1.4
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Plant and machinery
10% Reducing Balance
Computer equipment
25% Reducing Balance
Fixtures, fittings & equipment
25% Reducing Balance
2
Fixed assets
Tangible assets
£
Cost
At 1 October 2014
209,445
Additions
25,250
At 30 September 2015
234,695
Depreciation
At 1 October 2014
64,913
Charge for the year
17,113
At 30 September 2015
82,026
Net book value
At 30 September 2015
152,669
At 30 September 2014
144,532
3
Share capital
2015
2014
£
£
Allotted, called up and fully paid
200 ordinary shares of £1 each
200
200
2015-09-302014-10-01falsetruetruetruetruetruetmpCAB7.html2016-06-30046232642014-10-012015-09-30046232642015-09-30046232642014-09-30046232642014-09-3004623264uk-bus:Director12014-10-012015-09-3004623264uk-gaap:PlantMachinery2014-10-012015-09-3004623264uk-gaap:ComputerEquipment2014-10-012015-09-3004623264uk-gaap:FixturesFittingsToolsEquipment2014-10-012015-09-3004623264uk-bus:OrdinaryShareClass12014-10-012015-09-3004623264uk-bus:OrdinaryShareClass12015-09-3004623264uk-bus:OrdinaryShareClass12014-09-30xbrli:purexbrli:sharesiso4217:GBP
