Abbreviated Company Accounts - W.A.S. & K.A. TAYLOR LTD.

W.A.S. & K.A. TAYLOR LTD. - Company Information

SC249871 W.A.S. & K.A. TAYLOR LTD. 2016-03-31 false 2015-04-01 2016-03-31 true SC249871 2015-04-01 2016-03-31 SC249871 2016-03-31 SC249871 2015-03-31 SC249871 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 SC249871 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP shares

Registered Number SC249871

W.A.S. & K.A. TAYLOR LTD.

Abbreviated Accounts

31 March 2016

W.A.S. & K.A. TAYLOR LTD. Registered Number SC249871

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	111,615	114,541
		111,615	114,541
Current assets
Debtors		34,344	36,705
Cash at bank and in hand		122,002	75,706
		156,346	112,411
Creditors: amounts falling due within one year		(56,213)	(36,056)
Net current assets (liabilities)		100,133	76,355
Total assets less current liabilities		211,748	190,896
Total net assets (liabilities)		211,748	190,896
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		211,746	190,894
Shareholders' funds		211,748	190,896

For the year ending 31 March 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 20 December 2016

And signed on their behalf by:
W A S Taylor, Director

W.A.S. & K.A. TAYLOR LTD. Registered Number SC249871

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover policy
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off assets over their estimated useful lives.
Computer Equipment 25% straight line
Equipment 25% straight line

Other accounting policies
Deferred taxation
Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.

2Tangible fixed assets

	£
Cost
At 1 April 2015	133,468
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	133,468
Depreciation
At 1 April 2015	18,927
Charge for the year	2,926
On disposals	-
At 31 March 2016	21,853
Net book values
At 31 March 2016	111,615
At 31 March 2015	114,541

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
2 Ordinary shares of £1 each	2	2