Abbreviated Company Accounts - WESTWAY MANAGEMENT LIMITED

Abbreviated Company Accounts - WESTWAY MANAGEMENT LIMITED


Registered Number 05523658

WESTWAY MANAGEMENT LIMITED

Abbreviated Accounts

31 December 2015

WESTWAY MANAGEMENT LIMITED Registered Number 05523658

Abbreviated Balance Sheet as at 31 December 2015

Notes 2015 2014
£ £
Current assets
Debtors 110 110
Cash at bank and in hand 21 23
131 133
Creditors: amounts falling due within one year (8,153) (8,034)
Net current assets (liabilities) (8,022) (7,901)
Total assets less current liabilities (8,022) (7,901)
Total net assets (liabilities) (8,022) (7,901)
Capital and reserves
Called up share capital 1 1
Profit and loss account (8,023) (7,902)
Shareholders' funds (8,022) (7,901)
  • 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:
Patrik Alfvegren, Director

WESTWAY MANAGEMENT LIMITED Registered Number 05523658

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.

Other accounting policies
The financial statements are prepared in Sterling. Monetary assets and liabilities denominated in
foreign currencies are translated into Sterling at the rates of exchange ruling at the balance sheet
date, adjusted for subsequent significant changes. Exchange differences arising, together with
exchange differences on transactions which are translated at the rate ruling at the date of the
transaction, are dealt with in the profit and loss account.

Significant foreign exchange rates at 31st December 2015:
GBP/EUR: 1.35861

The accounts have been prepared on a going concern basis as the shareholder has indicated
the intention to support the Company notwithstanding the negative equity reflected in these
accounts.