A.M.Wandsworth Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 08031131 (England and Wales)

Abbreviated Accounts for the Year Ended 31 December 2015

for

A.M.WANDSWORTH LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Report of the Accountants

5

DIRECTORS:

A W Kwok

H Kwok

Mrs A Y C Kwok

Mrs M S W Kwok

SECRETARY:

Mrs A Y C Kwok

REGISTERED OFFICE:

233 Brompton Road

London

SW3 2EP

REGISTERED NUMBER:

08031131 (England and Wales)

ACCOUNTANTS:

Sayer & Co

11 Mytten Close

Cuckfield

Haywards Heath

West Sussex

RH17 5LN

FIXED ASSETS

Tangible assets

2

59,608

35,870

CURRENT ASSETS

Stocks

5,161

6,319

Debtors

59,777

46,175

Cash at bank

30,353

163,760

95,291

216,254

CREDITORS

Amounts falling due within one year

115,491

141,045

NET CURRENT (LIABILITIES)/ASSETS

(20,200

)

75,209

TOTAL ASSETS LESS CURRENT
LIABILITIES

39,408

111,079

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

39,308

110,979

SHAREHOLDERS' FUNDS

39,408

111,079

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 29 June 2016 and were signed on its behalf by:

H Kwok - 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 January 2015).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

20% on cost

Computer equipment

-

20% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

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

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period

of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2015

47,677

Additions

35,073

Disposals

(3

)

At 31 December 2015

82,747

DEPRECIATION

At 1 January 2015

11,807

Charge for year

11,335

Eliminated on disposal

(3

)

At 31 December 2015

23,139

NET BOOK VALUE

At 31 December 2015

59,608

At 31 December 2014

35,870

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

100

Ordinary

£1

100

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to four) have

been prepared.

As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended 31 December 2015 set out on pages three to seven and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Sayer & Co

11 Mytten Close

Cuckfield

Haywards Heath

West Sussex

RH17 5LN

29 June 2016