Wall2wall Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 06978492 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 December 2015

for

Wall2wall Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mrs L P Helm

REGISTERED OFFICE:

High Winds

Skinners Lane

Waltham

Grimsby

N E Lincolnshire

DN37 0EU

REGISTERED NUMBER:

06978492 (England and Wales)

FIXED ASSETS

Tangible assets

2

19,047

6,017

CURRENT ASSETS

Stocks

1,000

1,350

Debtors

151,490

82,103

Cash at bank

23,755

27,433

176,245

110,886

CREDITORS

Amounts falling due within one year

83,299

33,241

NET CURRENT ASSETS

92,946

77,645

TOTAL ASSETS LESS CURRENT
LIABILITIES

111,993

83,662

PROVISIONS FOR LIABILITIES

3,809

-

NET ASSETS

108,184

83,662

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

108,084

83,562

SHAREHOLDERS' FUNDS

108,184

83,662

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 director acknowledges her 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 director on 30 September 2016 and were signed by:

Mrs L P Helm - 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.

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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2015

7,521

Additions

18,167

At 31 December 2015

25,688

DEPRECIATION

At 1 January 2015

1,504

Charge for year

5,137

At 31 December 2015

6,641

NET BOOK VALUE

At 31 December 2015

19,047

At 31 December 2014

6,017

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.15

31.12.14

value:

£

100

Ordinary

£1

100

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2015 and

31 December 2014:

31.12.15

31.12.14

£

Mrs L P Helm

Balance outstanding at start of year

(14,687

)

(14,687

)

Amounts advanced

81,794

-

Amounts repaid

(36,300

)

-

Balance outstanding at end of year

30,807

(14,687

)