Accounts filed on 30-06-2016

Accounts filed on 30-06-2016

WFO PRESS LIMITED - Company Information

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WFO PRESS LIMITED

Company Registration Number:
04129594 (England and Wales)

Abbreviated (Unaudited) Accounts

Period of accounts

Start date: 01 July 2015

End date: 30 June 2016

WFO PRESS LIMITED

Abbreviated Balance sheet

As at 30 June 2016


Notes
2016
£
2015
£
Fixed assets
Tangible assets: 2 53,959 54,693
Total fixed assets: 53,959 54,693
Current assets
Debtors: 0 12,071
Cash at bank and in hand: 17,150 23,238
Total current assets: 17,150 35,309
Creditors: amounts falling due within one year: ( 38,287 ) ( 39,091 )
Net current assets (liabilities): ( 21,137 ) ( 3,782 )
Total assets less current liabilities: 32,822 50,911
Total net assets (liabilities): 32,822 50,911

The notes form part of these financial statements

WFO PRESS LIMITED

Balance sheet continued

As at 30 June 2016


Notes
2016
£
2015
£
Capital and reserves
Called up share capital: 3 100 100
Revaluation reserve: 29,046
Profit and loss account: 3,676 50,811
Shareholders funds: 32,822 50,911

For the year ending 30 June 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 and in accordance with the Financial Reporting Standard for Smaller Entities 2015.

The financial statements were approved by the Board of Directors on 21 December 2016

SIGNED ON BEHALF OF THE BOARD BY:

Name: Andrew Frith
Status: Director

The notes form part of these financial statements

WFO PRESS LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 30 June 2016

  • 1. Accounting policies

    Basis of measurement and preparation of accounts

    The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities 2015

    Turnover policy

    The turnover represents amounts receivable for services net of VAT and trade discounts

    Tangible fixed assets depreciation policy

    Depreciation is calculated at the following rates to write off the cost of an asset, less its residual value, over its estimated useful economic lifetime
    Land and buildings 2% on cost
    Included in land and buildings is freehold land valued at £18000 which is not depreciated.

WFO PRESS LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 30 June 2016

  • 2. Tangible assets

    Total
    Cost £
    01 July 2015: 54,693
    Additions: 0
    Disposals: 0
    Revaluations: 0
    Transfers: 0
    30 June 2016: 54,693
    Depreciation
    01 July 2015: 0
    Charge for year: 734
    On disposals: 0
    Other adjustments: 0
    30 June 2016: 734
    Net book value
    30 June 2016: 53,959
    30 June 2015: 54,693

    Tangible assets consists of land and buildings. Land is valued at £18,000 which is not depreciated. Buildings at 2% of cost.

WFO PRESS LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 30 June 2016

  • 3. Called up share capital

    Allotted, called up and paid

    Previous period
    2015
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 100 1.00 100
    Preference shares: 0
    Total share capital (£): 100
    Current period
    2016
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 100 1.00 100
    Preference shares: 0
    Total share capital (£): 100