Woodward Associates (UK) Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 03297090 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

FOR

WOODWARD ASSOCIATES (UK) LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mr R H E Woodward

Mrs K M Woodward

SECRETARY:

Mr R H E Woodward

REGISTERED OFFICE:

3 Clarence Crescent

Windsor

Berkshire

SL4 5DT

REGISTERED NUMBER:

03297090 (England and Wales)

ACCOUNTANTS:

Fraser CGA Winchester

Luccam House

Church Lane

Twyford

Winchester

Hampshire

SO21 1NT

FIXED ASSETS

Tangible assets

2

323,210

319,234

Investments

3

6,500

329,710

325,734

CURRENT ASSETS

Debtors

440,977

330,430

Cash at bank

429,902

414,682

870,879

745,112

CREDITORS

Amounts falling due within one year

(496,139

)

(519,077

)

NET CURRENT ASSETS

374,740

226,035

TOTAL ASSETS LESS CURRENT
LIABILITIES

704,450

551,769

CAPITAL AND RESERVES

Called up share capital

4

106

Profit and loss account

704,344

551,663

SHAREHOLDERS' FUNDS

704,450

551,769

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 13 December 2016 and were signed on its behalf
by:

Mr R H E Woodward - 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 goods, 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.

Office equipment

-

25% on reducing balance

Computer equipment

-

33.33% straight line

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

339,051

Additions

11,395

At 31 March 2016

350,446

DEPRECIATION

At 1 April 2015

19,817

Charge for year

7,419

At 31 March 2016

27,236

NET BOOK VALUE

At 31 March 2016

323,210

At 31 March 2015

319,234

3.	FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:

2016

2015

£

Vintage car

6,500

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

106

Ordinary

£1

106