Accounts filed on 30-04-2016

Accounts filed on 30-04-2016

WILLIAM DOWNIE ASSOCIATES LTD - Company Information

Print Friendly Version

093998492015-05-012016-04-30falsetruehttp://www.companieshouse.gov.uk/cd:Director12015-05-012016-04-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12015-05-012016-04-30http://www.companieshouse.gov.uk/pt:ToolsEquipment2016-04-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass22015-05-012016-04-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12016-04-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass22016-04-30http://www.companieshouse.gov.uk/pt:ToolsEquipment2015-05-012016-04-30http://www.companieshouse.gov.uk/2015-05-012016-04-30http://www.companieshouse.gov.uk/2016-04-30http://www.companieshouse.gov.uk/cd:EntityAccountantsOrAuditors2015-05-012016-04-30http://www.companieshouse.gov.uk/2015-04-30iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 09399849
William Downie Associates Ltd
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30/04/2016
Prepared By:
David Reed Associates Ltd
54D Frome Road
Bradford on Avon
Wiltshire
BA15 1LA
William Downie Associates Ltd
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30/04/2016
INDEX TO THE ACCOUNTS
Abbreviated Balance Sheet2
Notes to the Abbreviated Accounts3
The company's registered number is 09399849
William Downie Associates Ltd
Registered Number: 09399849
BALANCE SHEET AT 30/04/2016
2016
Notes£
FIXED ASSETS
Tangible assets23,496
CURRENT ASSETS
Debtors (amounts falling due within one year)324,235
Cash at bank and in hand40,258
64,493
CREDITORS: Amounts falling due within one year41,481
NET CURRENT ASSETS23,012
TOTAL ASSETS LESS CURRENT LIABILITIES26,508
CAPITAL AND RESERVES
Called up share capital4100
Profit and loss account26,408
SHAREHOLDERS' FUNDS26,508
For the year ending 30/04/2016 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 14/09/2016 and signed on their behalf by
Mr W Downie
Director
William Downie Associates Ltd
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30/04/2016
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Equipmentreducing balance 20%
1c. Taxation
Corporation tax payable is provided on taxable profits at the current rates.
1d. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.
2. TANGIBLE FIXED ASSETS
EquipmentTotal
££
Cost
Additions4,3704,370
At 30/04/20164,3704,370
Depreciation
For the year874874
At 30/04/2016874874
Net Book Amounts
At 30/04/20163,4963,496
William Downie Associates Ltd
3. DEBTORS 2016
£
Amounts falling due within one year:
Trade debtors23,798
Other debtors437
24,235
4. SHARE CAPITAL 2016
£
Allotted, issued and fully paid:
51 Class 1 shares of £1 each51
49 Class 2 shares of £1 each49
100
New shares issued during period:
51 Class 1 shares of £1 each51
49 Class 2 shares of £1 each49
100
5. TRANSACTIONS WITH DIRECTORS
At the balance sheet date the company owed the director £12,840.