WORKOUT EXPRESS YORKSHIRE LTD Small abbreviated accounts

WORKOUT EXPRESS YORKSHIRE LTD Small abbreviated accounts

WORKOUT EXPRESS YORKSHIRE LIMITED - Company Information

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FY Private Limited Company Company accounts 2016-12-28 2016-12-28 false true false false false false false false false false false false true true 2015-04-01 true xbrli:pure xbrli:shares iso4217:GBP 07347604 2015-04-01 2016-03-31 07347604 2016-03-31 07347604 2015-03-31 07347604 2015-03-31 07347604 uk-gaap:OfficeEquipment 2015-04-01 2016-03-31 07347604 uk-bus:EntityAccountantsOrAuditors uk-bus:PrincipalAgent 2015-04-01 2016-03-31 07347604 uk-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 07347604 uk-bus:Director1 2015-04-01 2016-03-31 07347604 uk-gaap:AllSubsidiaries 2015-04-01 2016-03-31 07347604 uk-bus:EntityAccountantsOrAuditors uk-bus:PrincipalAgent 2016-03-31 07347604 uk-bus:OrdinaryShareClass1 2016-03-31 07347604 uk-bus:OrdinaryShareClass1 2015-03-31 07347604 uk-lang:English 2015-04-01 2016-03-31 07347604 uk-curr:PoundSterling 2015-04-01 2016-03-31
COMPANY REGISTRATION NUMBER 07347604
WORKOUT EXPRESS YORKSHIRE LTD
ABBREVIATED ACCOUNTS
31 March 2016
SHIELD ACCOUNTING SERVICES
Chartered Management Accountants
Unit 1.22
SOAR Enterprise Centre
Knutton Road
Sheffield
S5 9NU
WORKOUT EXPRESS YORKSHIRE LTD
ACCOUNTANTS' REPORT TO THE DIRECTOR OF WORKOUT EXPRESS
YORKSHIRE LTD
YEAR ENDED 31 MARCH 2016
As described on the balance sheet, the director of the company is responsible for the preparation of the abbreviated accounts for the year ended 31 March 2016.
You consider that the company is exempt from an audit under the Companies Act 2006.
In accordance with your instructions we have compiled these unaudited abbreviated accounts in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.
SHIELD ACCOUNTING SERVICES Chartered Management Accountants
Unit 1.22 SOAR Enterprise Centre Knutton Road Sheffield S5 9NU
28 December 2016
WORKOUT EXPRESS YORKSHIRE LTD
ABBREVIATED BALANCE SHEET
31 March 2016
2016
2015
Note
£
£
£
FIXED ASSETS
2
Tangible assets
5,489
7,319
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-------
CURRENT ASSETS
Stocks
1,550
1,376
Debtors
-
20,858
Cash at bank and in hand
7,290
6,814
-------
---------
8,840
29,048
CREDITORS: Amounts falling due within one year
26,845
5,405
---------
---------
NET CURRENT (LIABILITIES)/ASSETS
( 18,005)
23,643
---------
---------
TOTAL ASSETS LESS CURRENT LIABILITIES
( 12,516)
30,962
CREDITORS: Amounts falling due after more than one year
-
37,456
---------
---------
( 12,516)
( 6,494)
---------
---------
CAPITAL AND RESERVES
Called up equity share capital
3
2
2
Profit and loss account
( 12,518)
( 6,496)
---------
-------
DEFICIT
( 12,516)
( 6,494)
---------
-------
For the year ended 31 March 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These abbreviated accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime.
These abbreviated accounts were approved and signed by the director and authorised for issue on 28 December 2016 .
Mr. A. J Shield Director
Company Registration Number: 07347604
WORKOUT EXPRESS YORKSHIRE LTD
NOTES TO THE ABBREVIATED ACCOUNTS
YEAR ENDED 31 MARCH 2016
1. ACCOUNTING POLICIES
Basis of accounting
The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
Turnover
The turnover shown in the profit and loss account represents amounts invoiced during the year. In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion.
Fixed assets
All fixed assets are initially recorded at cost.
Depreciation
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Equipment-25% Reducing Balance
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Operating lease agreements
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.
2. FIXED ASSETS
Tangible Assets
£
COST
At 1 April 2015 and 31 March 2016
16,015
---------
DEPRECIATION
At 1 April 2015
8,696
Charge for year
1,830
---------
At 31 March 2016
10,526
---------
NET BOOK VALUE
At 31 March 2016
5,489
-------
At 31 March 2015
7,319
-------
3. SHARE CAPITAL
Allotted, called up and fully paid:
2016
2015
No
£
No
£
Ordinary shares of £ 1 each
2
2
2
2
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