WTN Engineering Services Ltd - Period Ending 2016-04-05

Registration number: 03284967

WTN Engineering Services Ltd

Unaudited Abbreviated Accounts

for the Year Ended 5 April 2016
 

Carter Collins & Myer Limited
  Accountants & Taxation Advisors
  Chichester House
  2 Chichester Street
  Rochdale
  Lancashire
  OL16 2AX

WTN Engineering Services Ltd
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

WTN Engineering Services Ltd
(Registration number: 03284967)
Abbreviated Balance Sheet at 5 April 2016

		Note			2016 £			2015 £
Fixed assets
Tangible fixed assets					870			1,164
Current assets
Debtors					8,440			12,887
Cash at bank and in hand					16,271			24,976
					24,711			37,863
Creditors: Amounts falling due within one year					(16,269)			(23,293)
Net current assets					8,442			14,570
Net assets					9,312			15,734
Capital and reserves
Called up share capital		3			100			100
Profit and loss account					9,212			15,634
Shareholders' funds					9,312			15,734

For the year ending 5 April 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 director acknowledges his 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 director on 15 November 2016

.........................................
Mr Wilfrid Thomas Nuttall
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

WTN Engineering Services Ltd
Notes to the Abbreviated Accounts for the Year Ended 5 April 2016
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective January 2015).

Turnover

Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Plant & Machinery	25% reducing balance
Computer Equipment	25% reducing balance

Pensions

The company operates a defined contribution pension scheme. Contributions are recognised in the profit and loss account in the period in which they become payable in accordance with the rules of the scheme.

2	Fixed assets

		Tangible assets £			Total £
Cost
At 6 April 2015		6,229			6,229
At 5 April 2016		6,229			6,229
Depreciation
At 6 April 2015		5,065			5,065
Charge for the year		294			294
At 5 April 2016		5,359			5,359
Net book value
At 5 April 2016		870			870
At 5 April 2015		1,164			1,164

Page 2

WTN Engineering Services Ltd
Notes to the Abbreviated Accounts for the Year Ended 5 April 2016
......... continued

3	Share capital

Allotted, called up and fully paid shares

	2016						2015
		No.			£			No.			£
Ordinary Shares of £1 each		100			100			100			100

During the year the company paid dividends of £23,000 to Mr Wilfrid Nuttall.

4	Related party transactions

Director's advances and credits

	2016 Advance/ Credit £	2016 Repaid £	2015 Advance/ Credit £	2015 Repaid £
Mr Wilfrid Thomas Nuttall
	7,022	-	8,030	8,030

The directors current account balance of £7,022. was repaid within nine months of the year end.

Page 3