Abbreviated Company Accounts - WATSON SKIP HIRE LIMITED

Abbreviated Company Accounts - WATSON SKIP HIRE LIMITED

MDW SCOTLAND LTD - Company Information

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Registered Number SC206317

WATSON SKIP HIRE LIMITED

Abbreviated Accounts

31 March 2016

WATSON SKIP HIRE LIMITED Registered Number SC206317

Abbreviated Balance Sheet as at 31 March 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 328,046 401,146
328,046 401,146
Current assets
Debtors 121,611 101,316
Cash at bank and in hand 232,951 264,793
354,562 366,109
Creditors: amounts falling due within one year (115,022) (131,840)
Net current assets (liabilities) 239,540 234,269
Total assets less current liabilities 567,586 635,415
Creditors: amounts falling due after more than one year (213,702) (279,333)
Total net assets (liabilities) 353,884 356,082
Capital and reserves
Called up share capital 2 2
Profit and loss account 353,882 356,080
Shareholders' funds 353,884 356,082
  • For the year ending 31 March 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 27 May 2016

And signed on their behalf by:
M D Watson, Director

WATSON SKIP HIRE LIMITED Registered Number SC206317

Notes to the Abbreviated Accounts for the period ended 31 March 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.

2Tangible fixed assets
£
Cost
At 1 April 2015 937,506
Additions 12,942
Disposals -
Revaluations -
Transfers -
At 31 March 2016 950,448
Depreciation
At 1 April 2015 536,360
Charge for the year 86,042
On disposals -
At 31 March 2016 622,402
Net book values
At 31 March 2016 328,046
At 31 March 2015 401,146