| TheWagon Ltd |
| Registered number: |
08472597 |
| Abbreviated Balance Sheet |
| as at 31 December 2015 |
|
| Notes |
|
|
2015 |
|
|
2014 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
4,652 |
|
|
4,462 |
|
| Current assets |
| Debtors |
|
|
76,189 |
|
|
87,973 |
| Cash at bank and in hand |
|
|
10,161 |
|
|
7,110 |
|
|
|
86,350 |
|
|
95,083 |
|
| Creditors: amounts falling due within one year |
|
|
(55,940) |
|
|
(89,173) |
|
| Net current assets |
|
|
|
30,410 |
|
|
5,910 |
|
| Net assets |
|
|
|
35,062 |
|
|
10,372 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
3 |
|
|
155 |
|
|
155 |
| Share premium |
|
|
|
269,945 |
|
|
219,945 |
| Profit and loss account |
|
|
|
(235,038) |
|
|
(209,728) |
|
| Shareholders' funds |
|
|
|
35,062 |
|
|
10,372 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
|
| …………………………………………… |
|
| Mr F Waters |
| Director |
| Approved by the board on 06.07.2016 |
|
| TheWagon Ltd |
| Notes to the Abbreviated unaudited financial statements |
| for the year ended 31 December 2015 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The unaudited financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015). |
|
|
Turnover |
|
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Fixtures, fittings and equipment |
20% straight line |
|
|
| 2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 January 2015 |
5,906 |
|
Additions |
2,483 |
|
Disposals |
(1,641) |
|
At 31 December 2015 |
6,748 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 January 2015 |
1,444 |
|
Charge for the year |
980 |
|
On disposals |
(328) |
|
At 31 December 2015 |
2,096 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 December 2015 |
4,652 |
|
At 31 December 2014 |
4,462 |
|
|
|
|
|
|
|
|
| 3 |
Share capital |
Nominal |
|
2015 |
|
2015 |
|
2014 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
A Ordinary shares |
0.0001p |
|
500,000 |
|
50 |
|
50 |
|
B Ordinary shares |
0.0001p |
|
500,000 |
|
50 |
|
50 |
|
C Ordinary shares |
0.0001p |
|
550,000 |
|
55 |
|
55 |
|
|
|
|
|
|
155 |
|
155 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Advances to directors |
|
Description and conditions |
B/fwd |
Paid |
Repaid |
C/fwd |
| £ |
£ |
£ |
£ |
|
|
Mr J F Freestone |
10,898 |
|
20,502 |
|
(16,735) |
|
14,665 |
|
|
Mr F Waters |
8,800 |
|
23,607 |
|
(23,994) |
|
8,413 |
|
|
|
19,698 |
|
44,109 |
|
(40,729) |
|
23,078 |
|
|
|
|
|
|
|
|
|
|
The advances detailed above were paid to the directors, interest free and repayable on demand. |
