Abbreviated Company Accounts - COMPUTERWORLD (WALES) LIMITED

COMPUTERWORLD (WALES) LIMITED - Company Information

02753460 COMPUTERWORLD (WALES) LIMITED 2015-12-31 false 2015-01-01 2015-12-31 true 02753460 2015-01-01 2015-12-31 02753460 2015-12-31 02753460 2014-12-31 02753460 uk-gaap-cd-bus:Director1 2015-01-01 2015-12-31 02753460 uk-gaap-cd-bus:Director2 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 iso4217:GBP shares

Registered Number 02753460

COMPUTERWORLD (WALES) LIMITED

Abbreviated Accounts

31 December 2015

COMPUTERWORLD (WALES) LIMITED Registered Number 02753460

Abbreviated Balance Sheet as at 31 December 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	18,796	29,319
		18,796	29,319
Current assets
Stocks		60,556	34,732
Debtors		627,534	560,034
Cash at bank and in hand		55,435	109,673
		743,525	704,439
Creditors: amounts falling due within one year		(324,002)	(261,615)
Net current assets (liabilities)		419,523	442,824
Total assets less current liabilities		438,319	472,143
Provisions for liabilities		(2,522)	(4,755)
Total net assets (liabilities)		435,797	467,388
Capital and reserves
Called up share capital	3	30,000	30,000
Profit and loss account		405,797	437,388
Shareholders' funds		435,797	467,388

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 28 August 2016

And signed on their behalf by:
S Parsons, Director

COMPUTERWORLD (WALES) LIMITED Registered Number 02753460

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.

Turnover policy
Turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax

Tangible assets depreciation policy
Depreciation is provided to write off each individual asset over its estimated useful, less its estimated residual value.

2Tangible fixed assets

	£
Cost
At 1 January 2015	130,070
Additions	1,944
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2015	132,014
Depreciation
At 1 January 2015	100,751
Charge for the year	12,467
On disposals	-
At 31 December 2015	113,218
Net book values
At 31 December 2015	18,796
At 31 December 2014	29,319

Included within the net book value is £1,533 (2014: £4,408) relating to assets held under hire purchase agreements. The depreciation charged to the accounts in the year in respect of such assets amounted to £2,875 (2014: £2,875)

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
30,000 Ordinary shares of £1 each	30,000	30,000