Abbreviated Company Accounts - WALTON-GILL LIMITED

WALTON-GILL LIMITED - Company Information

07861278 WALTON-GILL LIMITED 2015-11-30 false 2014-12-01 2015-11-30 true 07861278 2014-12-01 2015-11-30 07861278 2015-11-30 07861278 2014-11-30 07861278 uk-gaap-cd-bus:Director1 2014-12-01 2015-11-30 07861278 uk-gaap-cd-bus:Director2 2014-12-01 2015-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-01 2015-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-11-30 iso4217:GBP shares

Registered Number 07861278

WALTON-GILL LIMITED

Abbreviated Accounts

30 November 2015

WALTON-GILL LIMITED Registered Number 07861278

Abbreviated Balance Sheet as at 30 November 2015

	Notes	2015	2014
		£	£
Fixed assets
Intangible assets	2	22,000	22,000
Tangible assets	3	321	377
		22,321	22,377
Current assets
Stocks		1,200	1,184
Debtors		23,951	10,614
Cash at bank and in hand		929	405
		26,080	12,203
Creditors: amounts falling due within one year		(15,524)	(14,330)
Net current assets (liabilities)		10,556	(2,127)
Total assets less current liabilities		32,877	20,250
Accruals and deferred income		(724)	-
Total net assets (liabilities)		32,153	20,250
Capital and reserves
Called up share capital	4	1	1
Profit and loss account		32,152	20,249
Shareholders' funds		32,153	20,250

For the year ending 30 November 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 31 August 2016

And signed on their behalf by:
Valerie Walton, Director

WALTON-GILL LIMITED Registered Number 07861278

Notes to the Abbreviated Accounts for the period ended 30 November 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.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less it's estimated residual value, over the useful economic life of the asset.

2Intangible fixed assets

	£
Cost
At 1 December 2014	22,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 November 2015	22,000
Amortisation
At 1 December 2014	-
Charge for the year	-
On disposals	-
At 30 November 2015	-
Net book values
At 30 November 2015	22,000
At 30 November 2014	22,000

3Tangible fixed assets

	£
Cost
At 1 December 2014	521
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 November 2015	521
Depreciation
At 1 December 2014	144
Charge for the year	56
On disposals	-
At 30 November 2015	200
Net book values
At 30 November 2015	321
At 30 November 2014	377

4Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
1 Ordinary shares of £1 each	1	1