Abbreviated Company Accounts - ADAPT (WM) UK LIMITED

06927956 ADAPT (WM) UK LIMITED 2015-12-31 false 2014-07-01 2015-12-31 true 06927956 2014-07-01 2015-12-31 06927956 2015-12-31 06927956 2014-06-30 06927956 uk-gaap-cd-bus:Director1 2014-07-01 2015-12-31 06927956 uk-gaap-cd-bus:Director2 2014-07-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-07-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-06-30 uk-gaap-cd-bus:PreferenceShareClass1 2014-07-01 2015-12-31 uk-gaap-cd-bus:PreferenceShareClass1 2015-12-31 uk-gaap-cd-bus:PreferenceShareClass1 2014-06-30 uk-gaap-cd-bus:PreferenceShareClass2 2014-07-01 2015-12-31 uk-gaap-cd-bus:PreferenceShareClass2 2015-12-31 uk-gaap-cd-bus:PreferenceShareClass2 2014-06-30 iso4217:GBP shares

Registered Number 06927956

ADAPT (WM) UK LIMITED

Abbreviated Accounts

31 December 2015

ADAPT (WM) UK LIMITED Registered Number 06927956

Abbreviated Balance Sheet as at 31 December 2015

	Notes	31/12/2015	30/06/2014
		£	£
Fixed assets
Tangible assets	2	4,567	5,904
Investments	3	75	75
		4,642	5,979
Current assets
Stocks		88,461	72,805
Debtors		267,007	293,981
Cash at bank and in hand		30,991	20,618
		386,459	387,404
Creditors: amounts falling due within one year		(288,814)	(162,181)
Net current assets (liabilities)		97,645	225,223
Total assets less current liabilities		102,287	231,202
Creditors: amounts falling due after more than one year		(251,541)	(251,541)
Total net assets (liabilities)		(149,254)	(20,339)
Capital and reserves
Called up share capital	4	209,904	209,904
Other reserves		(49,943)	(49,943)
Profit and loss account		(309,215)	(180,300)
Shareholders' funds		(149,254)	(20,339)

For the year ending 31 December 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 30 August 2016

And signed on their behalf by:
G McKay, Director

ADAPT (WM) UK LIMITED Registered Number 06927956

Notes to the Abbreviated Accounts for the period ended 31 December 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.
The accounts are prepared on agoing concern basis which assumes the continuing support of it's parent company.

Turnover policy
Turnover represents the net invoiced value for goods and services provided, excluding value added tax, and derives from the company's principal trading activity.

Tangible assets depreciation policy
Depreciation is provided to write off the cost, less estimated residual value of each asset over their expected useful lives on a straight line basis at rates between 15% and 33%.

Valuation information and policy
Stocks are valued at the lower of cost and net realisable value, after making allowance for obsolete and slow moving items.

2Tangible fixed assets

	£
Cost
At 1 July 2014	19,414
Additions	517
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2015	19,931
Depreciation
At 1 July 2014	13,510
Charge for the year	1,854
On disposals	-
At 31 December 2015	15,364
Net book values
At 31 December 2015	4,567
At 30 June 2014	5,904

3Fixed assets Investments
This represents the company's 75% investment in Ergosquad UK Ltd. Company registered in England & Wales company registration number 07755338.

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

	31/12/2015 £	30/06/2014 £
1 Ordinary share of £1 each	1	1
42 A Ordinary shares of £1 each	42	42
209,861 Redeemable Preference shares of £1.0267 each (20,961 shares for 30/06/2014)	215,464	21,521