Winware Ltd - Abbreviated accounts 16.1
Winware Ltd - Abbreviated accounts 16.1
| REGISTERED NUMBER: |
| Abbreviated Unaudited Accounts |
| for the Year Ended 31st March 2016 |
| for |
| Winware Ltd |
| Winware Ltd (Registered number: 08964987) |
| Contents of the Abbreviated Accounts |
| for the year ended 31st March 2016 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| Winware Ltd |
| Company Information |
| for the year ended 31st March 2016 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| Winware Ltd (Registered number: 08964987) |
| Abbreviated Balance Sheet |
| 31st March 2016 |
| 2016 | 2015 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 2 |
| Tangible assets | 3 |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 4 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| 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. |
| Winware Ltd (Registered number: 08964987) |
| Abbreviated Balance Sheet - continued |
| 31st March 2016 |
| The financial statements were approved by the Board of Directors on |
| Winware Ltd (Registered number: 08964987) |
| Notes to the Abbreviated Accounts |
| for the year ended 31st March 2016 |
| 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. |
| Turnover is recognised as earned when, and to the extent that, the company obtains the right to consideration in |
| exchange for performance of contracted services. |
| Goodwill |
| Goodwill arising on the aquisition of businesses, represents the excess of the fair value of consideration over the fair |
| value of identifiable assets and liabilities acquired. |
| Goodwill is amortised in equal instalments over it's estimated useful life, except where it has been identified as |
| impaired in the period, in which case it is written down as appropriate. |
| Tangible fixed assets |
| Fixtures and fittings | - |
| Computer equipment | - |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow |
| moving items. |
| Taxation |
| Current tax is provided at amounts expected to be paid (or recovered) using the tax rates and laws that have been |
| enacted or substantively enacted by the balance sheet date. |
| Deferred taxation is accounted for at expected tax rates on all differences arising from the inclusion of items of |
| income and expenditure in taxation computations in periods different from those in which they are included in the |
| financial statements. A deferred tax asset is only recognised when it is more likely than not that the asset will be |
| recoverable in the foreseeable future out of suitable taxable profits from which the underlying timing differences can |
| be deducted. |
| 2. | INTANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1st April 2015 |
| and 31st March 2016 |
| AMORTISATION |
| At 1st April 2015 |
| Amortisation for year |
| At 31st March 2016 |
| NET BOOK VALUE |
| At 31st March 2016 |
| At 31st March 2015 |
| Winware Ltd (Registered number: 08964987) |
| Notes to the Abbreviated Accounts - continued |
| for the year ended 31st March 2016 |
| 3. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1st April 2015 |
| Additions |
| At 31st March 2016 |
| DEPRECIATION |
| At 1st April 2015 |
| Charge for year |
| At 31st March 2016 |
| NET BOOK VALUE |
| At 31st March 2016 |
| At 31st March 2015 |
| 4. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2016 | 2015 |
| value: | £ | £ |
| Ordinary A Shares | 1 |
| Ordinary B Shares | 1 |
| Ordinary C Shares | 1 |
| 100 | 100 |