Powertool World Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 07172880 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 March 2016

for

Powertool World Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mrs S Guy

C M Guy

REGISTERED OFFICE:

Park 2000

Millenium Way

Newton Aycliffe

DL5 6AR

REGISTERED NUMBER:

07172880 (England and Wales)

ACCOUNTANTS:

Anderson Barrowcliff LLP

Chartered Accountants

Waterloo House

Teesdale South

Thornaby Place

Thornaby on Tees

TS17 6SA

CREDITORS

Amounts falling due within one year

821

821

NET CURRENT LIABILITIES

(821

)

(821

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(821

)

(821

)

CAPITAL AND RESERVES

Called up share capital

2

2

2

Profit and loss account

(823

)

(823

)

SHAREHOLDERS' FUNDS

(821

)

(821

)

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 12 December 2016 and were signed on its behalf by:

Mrs S Guy - 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).

The company was dormant throughout the year ended 31 March 2016. However, reference to information

relating to the year ended 31 March 2015 has been made where appropriate.

Deferred tax

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

sheet date.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

2

Ordinary

1

2

2