Abbreviated Company Accounts - M.A. WILLIAMS ACCOUNTANCY LTD

M.A. WILLIAMS ACCOUNTANCY LTD - Company Information

06156380 M.A. WILLIAMS ACCOUNTANCY LTD 2016-03-31 false 2015-04-01 2016-03-31 true 06156380 2015-04-01 2016-03-31 06156380 2016-03-31 06156380 2015-03-31 06156380 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 06156380 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 06156380

M.A. WILLIAMS ACCOUNTANCY LTD

Abbreviated Accounts

31 March 2016

M.A. WILLIAMS ACCOUNTANCY LTD Registered Number 06156380

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Intangible assets	2	37,800	43,200
Tangible assets	3	5,565	1,900
		43,365	45,100
Current assets
Stocks		7,078	6,883
Debtors		14,555	12,915
Cash at bank and in hand		7,821	4,697
		29,454	24,495
Prepayments and accrued income		44	83
Creditors: amounts falling due within one year		(39,848)	(42,772)
Net current assets (liabilities)		(10,350)	(18,194)
Total assets less current liabilities		33,015	26,906
Provisions for liabilities		(200)	0
Total net assets (liabilities)		32,815	26,906
Capital and reserves
Called up share capital	4	100	100
Profit and loss account		32,715	26,806
Shareholders' funds		32,815	26,906

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 28 December 2016

And signed on their behalf by:
M A Williams, Director

M.A. WILLIAMS ACCOUNTANCY LTD Registered Number 06156380

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 April 2008.

Turnover policy
Turnover comprises the invoiced value of goods and services supplied by the Company net of Value Added Tax and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost, less estimated residual values, over their expected useful lives, using the reducing balance basis, at the following rates: Equipment and Office Furniture 25% Motor Vehicle 25%

Intangible assets amortisation policy
Intangible fixed assets are stated at cost less amortisation. Amortisation is provided at rates calculated to write off the cost, less estimated residual values, over their expected useful lives, using the straight line basis, at the following rate: Goodwill 10%

2Intangible fixed assets

	£
Cost
At 1 April 2015	54,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	54,000
Amortisation
At 1 April 2015	10,800
Charge for the year	5,400
On disposals	-
At 31 March 2016	16,200
Net book values
At 31 March 2016	37,800
At 31 March 2015	43,200

3Tangible fixed assets

	£
Cost
At 1 April 2015	6,592
Additions	6,392
Disposals	(2,750)
Revaluations	-
Transfers	-
At 31 March 2016	10,234
Depreciation
At 1 April 2015	4,692
Charge for the year	1,857
On disposals	(1,880)
At 31 March 2016	4,669
Net book values
At 31 March 2016	5,565
At 31 March 2015	1,900

4Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
100 Ordinary shares of £1 each	100	100