Accounts filed on 31-10-2016


Registered number: 07417862






WellBuild Limited


ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31/10/2016
























Prepared By:
KJW Accountancy Services Limited
Chartered Certified Accountants
3c Hillgate Place
18-20 Balham Hill
London
SW12 9ER


ABBREVIATED ACCOUNTS


FOR THE YEAR ENDED 31/10/2016

















INDEX TO THE ACCOUNTS




Abbreviated Balance Sheet		2

Notes to the Abbreviated Accounts		3



The company's registered number is 07417862


Registered Number: 07417862

BALANCE SHEET AT 31/10/2016

			2016		2015
	Notes		£		£

FIXED ASSETS
Tangible assets	2		14,289		3,768

CURRENT ASSETS
Debtors (amounts falling due within one year)	3	9,458		2,409
Cash at bank and in hand		98,184		64,661
		107,642		67,070
CREDITORS: Amounts falling due within one year		51,673		34,158
NET CURRENT ASSETS			55,969		32,912
TOTAL ASSETS LESS CURRENT LIABILITIES			70,258		36,680


CREDITORS: Amounts falling due after more than one year	4		10,839		1,792

NET ASSETS			59,419		34,888

CAPITAL AND RESERVES

Called up share capital	5		3		3
Profit and loss account			59,416		34,885
SHAREHOLDERS' FUNDS			59,419		34,888

For the year ending 31/10/2016 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 09/11/2016 and signed on their behalf by




Grzegorz Bugajski
Director

1. ACCOUNTING POLICIES




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).




1b. Cash Flow Statement
The Company is exempt from including a statement of cash flows in its accounts in accordance with Financial Reporting Standard for Smaller Entities (effective January 2015).




1c. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and Machinery		straight line 25%
Equipment		straight line 25%




1d. Taxation
Corporation tax payable is provided on taxable profits at the current rates.
Provision is made for deferred taxation in so far as a liability or asset has arisen as a result of transactions that had occurred by the balance sheet date and have given rise to an obligation to pay more tax in the future, or the right to pay less tax in the future. An asset has not been recognised to the extent that the transfer of economic benefits in the future is uncertain. Deferred tax assets and liabilities recognised have not been discounted.




1e. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.




3. DEBTORS	2016	2015
	£	£

Amounts falling due within one year:
Trade debtors	7,115	-
Other debtors	2,343	2,409
	9,458	2,409




4. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
	2016	2015
	£	£
Other creditors	10,839	1,792
	10,839	1,792


Included in other creditors are:
Obligations under hire purchase	10,839	1,792




5. SHARE CAPITAL	2016	2015
	£	£
Allotted, issued and fully paid:
3 Ordinary shares of £1 each	3	3
	3	3