W.h. Maintenance Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: SC191024

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 NOVEMBER 2015

FOR

W.H. MAINTENANCE LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

W B Houston

SECRETARY:

V A Houston

REGISTERED OFFICE:

Kenilworth

49 Adele Street

Motherwell

ML1 2QE

REGISTERED NUMBER:

SC191024

ACCOUNTANTS:

McDaid & Partners

Stanley House

69/71 Hamilton Road

Motherwell

Lanarkshire

ML1 3DG

FIXED ASSETS

Tangible assets

2

48,163

30,127

CURRENT ASSETS

Debtors

125,048

96,893

Cash at bank

321,899

269,054

446,947

365,947

CREDITORS

Amounts falling due within one year

78,609

47,694

NET CURRENT ASSETS

368,338

318,253

TOTAL ASSETS LESS CURRENT LIABILITIES

416,501

348,380

PROVISIONS FOR LIABILITIES

9,632

4,721

NET ASSETS

406,869

343,659

CAPITAL AND RESERVES

Called up share capital

3

7

5

Profit and loss account

406,862

343,654

SHAREHOLDERS' FUNDS

406,869

343,659

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 6 April 2016 and were signed by:

W B Houston - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover is stated net of VAT and trade discounts. Turnover from the supply of services represents the value of

services provided under contracts to the extent that there is a right to consideration and is recorded at the value

of the consideration due. Where the contract has only been partially completed at the balance sheet date turnover

represents the value of the service provided to date based on a proportion of the total contract value. Where

payments are received from customers in advance of services provided, the amounts are recorded as deferred

income and included as part of creditors due within one year.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant & machinery

-

20% on cost

Motor vehicles

-

25% on cost

Computer equipment

-

20% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed by the

balance sheet date. Deferred tax is not recognised when assets are revalued unless, by the balance sheet date, the

company has entered into a binding agreement to sell the assets recognised the gains and losses expected to arise

on sale or where assets have been sold and it is expected that the taxable gain will be rolled over into a

replacement asset.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held

under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases

are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The

capital element of the future payments is treated as a liability.

Pensions

The company operates a defined contribution pension scheme. Contributions payable for the year are charged in

the profit and loss account.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2014

96,948

Additions

42,619

Disposals

(81,008

)

At 30 November 2015

58,559

DEPRECIATION

At 1 December 2014

66,821

Charge for year

12,050

Eliminated on disposal

(68,475

)

At 30 November 2015

10,396

NET BOOK VALUE

At 30 November 2015

48,163

At 30 November 2014

30,127

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.15

30.11.14

value:

£

£

7

Ordinary

£1

7

5

2 Ordinary shares of £1 each were allotted and fully paid for cash at par during the year.

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 November 2015 and

30 November 2014:

30.11.15

30.11.14

£

£

W B Houston

Balance outstanding at start of year

29,958

56,317

Amounts advanced

1,038

6,321

Amounts repaid

(45,040

)

(32,680

)

Balance outstanding at end of year

(14,044

)

29,958