William Pope Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 07903704 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 January 2016

for

WILLIAM POPE LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

W J Pope

Mrs S R Pope

SECRETARY:

Mrs S R Pope

REGISTERED OFFICE:

Portmeadow House

Common Road

Malmesbury

Wiltshire

SN16 0HN

REGISTERED NUMBER:

07903704 (England and Wales)

ACCOUNTANTS:

Grosvenor House Practice Limited

Chartered Certified Accountants

Avening

Priory Park

London Road

TETBURY

Gloucestershire

GL8 8HZ

FIXED ASSETS

Tangible assets

2

26,740

32,553

CURRENT ASSETS

Stocks

250

250

Debtors

6,248

2,914

Cash at bank

3,332

833

9,830

3,997

CREDITORS

Amounts falling due within one year

(96,433

)

(94,787

)

NET CURRENT LIABILITIES

(86,603

)

(90,790

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(59,863

)

(58,237

)

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

(59,963

)

(58,337

)

SHAREHOLDERS' FUNDS

(59,863

)

(58,237

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2016 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 26 October 2016 and were signed on its behalf by:

Mrs S R Pope - 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 April 2008).

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 etc

-

25% on reducing balance

Stocks

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

obsolete and slow moving items.

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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 February 2015

67,575

Additions

3,100

At 31 January 2016

70,675

DEPRECIATION

At 1 February 2015

35,022

Charge for year

8,913

At 31 January 2016

43,935

NET BOOK VALUE

At 31 January 2016

26,740

At 31 January 2015

32,553

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.16

31.1.15

value:

£

£

100

Ordinary

1

100

100