Wiser Solutions Limited

WISER SOLUTIONS LTD - Company Information

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Registered number: 06508960

Abbreviated accounts

For The Year Ended 28 February 2016

Wiser Solutions Limited

Company No. 06508960

Abbreviated Balance Sheet 28 February 2016

Abbreviated Balance Sheet

		2016		2015
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	2		863		1,052

			863		1,052
CURRENT ASSETS
Cash at bank and in hand		13,787		18,642

		13,787		18,642
Creditors: Amounts Falling Due Within One Year		(22,831 )		(22,553 )

NET CURRENT ASSETS (LIABILITIES)			(9,044 )		(3,911 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(8,181 )		(2,859 )

NET ASSETS			(8,181 )		(2,859 )

Profit and Loss Account			(8,181 )		(2,859 )

SHAREHOLDERS' FUNDS			(8,181 )		(2,859 )

Wiser Solutions Limited

Company No. 06508960

Abbreviated Balance Sheet (continued) 28 February 2016

For the year ending 28 February 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities

The member has 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 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

Mr James Barrington

29th November 2016

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Wiser Solutions Limited

Notes to the Abbreviated Accounts

For The Year Ended 28 February 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

18% reducing balance / 100% AIA

2. Tangible Assets


	Total
Cost	£
As at 1 March 2015	2,896

As at 28 February 2016	2,896

Depreciation
As at 1 March 2015	1,844
Provided during the period	189

As at 28 February 2016	2,033

Net Book Value
As at 28 February 2016	863

As at 1 March 2015	1,052

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