Abbreviated Company Accounts - THE WILL ASSOCIATES LTD

THE WILL ASSOCIATES LTD - Company Information

07118208 THE WILL ASSOCIATES LTD 2016-01-31 false 2015-02-01 2016-01-31 true 07118208 2015-02-01 2016-01-31 07118208 2016-01-31 07118208 2015-01-31 07118208 uk-gaap-cd-bus:Director1 2015-02-01 2016-01-31 07118208 uk-gaap-cd-bus:Director2 2015-02-01 2016-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-02-01 2016-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-01-31 iso4217:GBP shares

Registered Number 07118208

THE WILL ASSOCIATES LTD

Abbreviated Accounts

31 January 2016

THE WILL ASSOCIATES LTD Registered Number 07118208

Abbreviated Balance Sheet as at 31 January 2016

	Notes	2016	2015
		£	£
Called up share capital not paid		-	-
Fixed assets
Tangible assets	2	145,909	21,467
		145,909	21,467
Current assets
Debtors	3	210,533	74,957
Cash at bank and in hand		353,782	355,960
		564,315	430,917
Creditors: amounts falling due within one year	4	(488,748)	(315,996)
Net current assets (liabilities)		75,567	114,921
Total assets less current liabilities		221,476	136,388
Creditors: amounts falling due after more than one year	4	(91,748)	(47,115)
Total net assets (liabilities)		129,728	89,273
Capital and reserves
Called up share capital	5	100	100
Profit and loss account		129,628	89,173
Shareholders' funds		129,728	89,273

For the year ending 31 January 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 October 2016

And signed on their behalf by:
Simon Wright, Director

THE WILL ASSOCIATES LTD Registered Number 07118208

Notes to the Abbreviated Accounts for the period ended 31 January 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 amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Tangible assets depreciation policy
Depreciation is provided on tangible assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life.

2Tangible fixed assets

	£
Cost
At 1 February 2015	34,648
Additions	139,164
Disposals	-
Revaluations	-
Transfers	-
At 31 January 2016	173,812
Depreciation
At 1 February 2015	13,181
Charge for the year	14,722
On disposals	-
At 31 January 2016	27,903
Net book values
At 31 January 2016	145,909
At 31 January 2015	21,467

3Debtors

	2016 £	2015 £
Debtors include the following amounts due after more than one year	0	0

An increase in debtors has arisen because of a change from cash to credit sales

4Creditors

	2016 £	2015 £
Secured Debts	55,741	0
Instalment debts due after 5 years	0	0
Non-instalment debts due after 5 years	0	0

5Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
100 Ordinary shares of £1 each	100	100