Wrixon Associates Limited - Abbreviated accounts 16.3
Wrixon Associates Limited - Abbreviated accounts 16.3
| REGISTERED NUMBER: |
| ABBREVIATED UNAUDITED ACCOUNTS |
| FOR THE PERIOD 1 JANUARY 2015 TO 31 MARCH 2016 |
| FOR |
| WRIXON ASSOCIATES LIMITED |
| WRIXON ASSOCIATES LIMITED (REGISTERED NUMBER: 08799162) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| FOR THE PERIOD 1 JANUARY 2015 TO 31 MARCH 2016 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| WRIXON ASSOCIATES LIMITED |
| COMPANY INFORMATION |
| FOR THE PERIOD 1 JANUARY 2015 TO 31 MARCH 2016 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| WRIXON ASSOCIATES LIMITED (REGISTERED NUMBER: 08799162) |
| ABBREVIATED BALANCE SHEET |
| 31 MARCH 2016 |
| 2016 | 2014 |
| as restated |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Investment property | 2 |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital | 3 |
| SHAREHOLDERS' FUNDS |
| The director acknowledges her 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. |
| The financial statements were approved by the director on |
| WRIXON ASSOCIATES LIMITED (REGISTERED NUMBER: 08799162) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| FOR THE PERIOD 1 JANUARY 2015 TO 31 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). |
| The company was dormant throughout the current period and previous period. |
| Investment property |
| The company's properties are held for investment purposes. |
| In accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015) no |
| depreciation is provided on Investment Properties. Although this represents a departure from the Companies Act, |
| the director considers that the adoption of this policy is necessary in order for the financial statements to show a |
| true and fair view. |
| The properties are frequently revalued by the director to reflect their open market value and the aggregate |
| surplus or deficit taken to the statement of total recognised gains and losses. No taxation charge arises from |
| these revaluations until the disposal of a property. |
| Investment properties are recognised in the financial statement once an irrevocable purchase contract has been |
| entered into. Sales of investment properties are recorded once an irrevocable sales contract has been entered into, |
| provided that the sale has been completed by the date the financial statements are approved by the Board. |
| Investment properties are treated as fixed asset investments until the date of sale. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
| sheet date. |
| 2. | INVESTMENT PROPERTY |
| Total |
| £ |
| COST |
| At 1 January 2015 |
| Additions |
| At 31 March 2016 |
| NET BOOK VALUE |
| At 31 March 2016 |
| At 31 December 2014 |
| 3. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2016 | 2014 |
| value: | as restated |
| £ | £ |
| Ordinary | £1 |
| 4. | ULTIMATE PARENT COMPANY |