Amanda Wilsher Associates Ltd
Amanda Wilsher Associates Ltd
Registered number: 8995052
Abbreviated accounts
For The Year Ended 31 March 2016
Amanda Wilsher Associates Ltd
Company No. 8995052
Abbreviated Balance Sheet
31 March 2016
Abbreviated Balance Sheet
| 31 March 2016 | Period to 31 March 2015 | ||||
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| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| Tangible Assets | 2 |
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| 225 | 300 | ||||
| CURRENT ASSETS | |||||
| Debtors |
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| Cash at bank and in hand |
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| Creditors: Amounts Falling Due Within One Year | 3 |
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| NET CURRENT ASSETS (LIABILITIES) |
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| TOTAL ASSETS LESS CURRENT LIABILITIES |
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| NET ASSETS |
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| CAPITAL AND RESERVES | |||||
| Called up share capital | 4 |
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| Profit and Loss Account |
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| SHAREHOLDERS' FUNDS |
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Directors' responsibilities:
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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 abbreviated accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2015).
On behalf of the board
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Amanda Wilsher Associates Ltd
Notes to the Abbreviated Accounts
For The Year Ended 31 March 2016
Notes to the Abbreviated Accounts
1.
Accounting Policies
1.1.
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
1.2.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
1.3.
Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
| Plant & Machinery |
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| Computer Equipment |
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2.
Tangible Assets
| Total | |
|---|---|
| Cost | £ |
| As at |
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| As at |
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| Depreciation | |
| As at |
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| Provided during the period |
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| As at |
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| Net Book Value | |
| As at |
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| As at |
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3.
Creditors: Amounts Falling Due Within One Year
| 31 March 2016 | Period to 31 March 2015 | ||
|---|---|---|---|
| £ | £ | ||
| Corporation tax |
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| Other taxes and social security |
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| VAT |
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| Net wages | 1,332 | - | |
| Accruals and deferred income |
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| Directors' loan accounts | 5,028 | - | |
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Amanda Wilsher Associates Ltd
Notes to the Abbreviated Accounts (continued)
For The Year Ended 31 March 2016
5.
Transactions With and Loans to Directors
Included within Creditors are the following loans from directors:
| As at |
Amounts advanced | Amounts repaid | As at |
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|---|---|---|---|---|
| £ | £ | £ | £ | |
| Miss Amanda Wilsher | (4,108) | - | 9,136 | 5,028 |
The above loan is unsecured, interest free and repayable on demand.
Dividends paid to directors
| 31 March 2016 | Period to 31 March 2015 | |
|---|---|---|
| £ | £ | |
| Miss Amanda Wilsher | 25,000 | 2,500 |
| Mr David Clarke | 23,000 | 2,500 |
6.
Ultimate Controlling Party
The company's ultimate controlling parties are the Amanda Wilsher and David Clarke by virtue of their ownership of 50% each of the issued share capital in the company.
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