Abbreviated Company Accounts - WAPPING WHARF LIMITED

WAPPING WHARF LIMITED - Company Information

Registered Number 04222412

WAPPING WHARF LIMITED

Abbreviated Accounts

31 July 2016

WAPPING WHARF LIMITED Registered Number 04222412

Abbreviated Balance Sheet as at 31 July 2016

	Notes	2016	2015
		£	£
Fixed assets
Intangible assets	2	54,893	61,079
Tangible assets	3	27,393	30,017
		82,286	91,096
Current assets
Stocks		4,653	4,159
Debtors		20,000	20,000
Cash at bank and in hand		17,116	1,008
		41,769	25,167
Creditors: amounts falling due within one year		(157,116)	(158,308)
Net current assets (liabilities)		(115,347)	(133,141)
Total assets less current liabilities		(33,061)	(42,045)
Creditors: amounts falling due after more than one year		(34,864)	(46,460)
Total net assets (liabilities)		(67,925)	(88,505)
Capital and reserves
Called up share capital		2	2
Profit and loss account		(67,927)	(88,507)
Shareholders' funds		(67,925)	(88,505)

For the year ending 31 July 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 30 September 2016

And signed on their behalf by:
WK Cheung, Director

WAPPING WHARF LIMITED Registered Number 04222412

Notes to the Abbreviated Accounts for the period ended 31 July 2016

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 represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at 20% net book value in order to write off the assets over their estimated useful lives.

Intangible assets amortisation policy
Goodwill is being written off in equal annual instalment over its estimated economic life of 25 years.

2Intangible fixed assets

	£
Cost
At 1 August 2015	131,876
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2016	131,876
Amortisation
At 1 August 2015	70,797
Charge for the year	6,186
On disposals	-
At 31 July 2016	76,983
Net book values
At 31 July 2016	54,893
At 31 July 2015	61,079

3Tangible fixed assets

	£
Cost
At 1 August 2015	88,027
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2016	88,027
Depreciation
At 1 August 2015	58,010
Charge for the year	2,624
On disposals	-
At 31 July 2016	60,634
Net book values
At 31 July 2016	27,393
At 31 July 2015	30,017