Watson & Associates Consultants Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 04993190 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2016

FOR

WATSON & ASSOCIATES CONSULTANTS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

B Watson

Mrs C F Watson

SECRETARY:

Mrs C F Watson

REGISTERED OFFICE:

10 The Close

Upton

Newark

Nottinghamshire

NG23 5SS

REGISTERED NUMBER:

04993190 (England and Wales)

ACCOUNTANTS:

Beeley Hawley & Co Ltd

Chartered Accountants & Business Advisers

52A Westgate

Southwell

Nottinghamshire

NG25 0JX

FIXED ASSETS

Tangible assets

2

75

100

CURRENT ASSETS

Debtors

49

49

Cash at bank

94,253

50,567

94,302

50,616

CREDITORS

Amounts falling due within one year

27,921

16,367

NET CURRENT ASSETS

66,381

34,249

TOTAL ASSETS LESS CURRENT LIABILITIES

66,456

34,349

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

66,455

34,348

SHAREHOLDERS' FUNDS

66,456

34,349

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 8 December 2016 and were signed on its behalf by:

B Watson - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements 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 net invoiced sales of services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

2,070

DEPRECIATION

At 1 April 2015

1,970

Charge for year

25

At 31 March 2016

1,995

NET BOOK VALUE

At 31 March 2016

75

At 31 March 2015

100

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

1

Ordinary

£1

1

1