Web Harmonics (UK) Limited - Period Ending 2016-03-31

Web Harmonics (UK) Limited - Period Ending 2016-03-31


Web Harmonics (UK) Limited 08441439 false true 2015-04-01 2016-03-31 2016-03-31 08441439 2015-04-01 2016-03-31 08441439 2016-03-31 08441439 uk-bus:Director1 2015-04-01 2016-03-31 08441439 uk-bus:EntityAccountantsOrAuditors 2015-04-01 2016-03-31 08441439 uk-gaap:PlantMachinery 2015-04-01 2016-03-31 08441439 2015-03-31 08441439 2015-03-31 iso4217:GBP

Registration number: 08441439

Web Harmonics (UK) Limited

Unaudited Abbreviated Accounts

for the Year Ended 31 March 2016
 

Mint Strategies Ltd t/a Mint Accounting
56 King Street
Aberdeen
AB24 5AX

 

Web Harmonics (UK) Limited
Contents

Accountants' Report

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3 to 4

 

The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 4) have been prepared.

Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Web Harmonics (UK) Limited
for the Year Ended 31 March 2016

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Web Harmonics (UK) Limited for the year ended 31 March 2016 set out on pages 2 to 4 from the company's accounting records and from information and explanations you have given us.

This report is made solely to the Board of Directors of Web Harmonics (UK) Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Web Harmonics (UK) Limited and state those matters that we have agreed to state to them, as a body, in this report . To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Web Harmonics (UK) Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Web Harmonics (UK) Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Web Harmonics (UK) Limited. You consider that Web Harmonics (UK) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Web Harmonics (UK) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Mint Strategies Ltd t/a Mint Accounting
56 King Street
Aberdeen
AB24 5AX

28 December 2016

 

Web Harmonics (UK) Limited
(Registration number: 08441439)
Abbreviated Balance Sheet at 31 March 2016

   

Note

   

2016
£

   

2015
£

 

Fixed assets

 

             

Tangible fixed assets

 

   

1,569

   

1,841

 

Current assets

 

             

Debtors

 

   

6,888

   

3,332

 

Cash at bank and in hand

 

   

23,322

   

34,628

 
   

   

30,210

   

37,960

 

Creditors: Amounts falling due within one year

 

   

(24,353)

   

(15,508)

 

Net current assets

 

   

5,857

   

22,452

 

Net assets

 

   

7,426

   

24,293

 

Capital and reserves

 

             

Called up share capital

 

3

   

100

   

100

 

Profit and loss account

 

   

7,326

   

24,193

 

Shareholders' funds

 

   

7,426

   

24,293

 

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 director acknowledges his 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 director on 28 December 2016

.........................................
Mr Robert Dobson
Director

The notes on pages 3 to 4 form an integral part of these financial statements.
Page 2

 

Web Harmonics (UK) Limited
Notes to the Abbreviated Accounts for the Year Ended 31 March 2016
......... continued

1

Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective January 2015).

Turnover

Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class

Depreciation method and rate

Plant and machinery

25% reducing balance

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2

Fixed assets

   

Tangible assets
£

   

Total
£

 

Cost

           

At 1 April 2015

 

2,549

   

2,549

 

Additions

 

219

   

219

 

At 31 March 2016

 

2,768

   

2,768

 

Depreciation

           

At 1 April 2015

 

708

   

708

 

Charge for the year

 

491

   

491

 

At 31 March 2016

 

1,199

   

1,199

 

Net book value

           

At 31 March 2016

 

1,569

   

1,569

 

At 31 March 2015

 

1,841

   

1,841

 
 

Web Harmonics (UK) Limited
Notes to the Abbreviated Accounts for the Year Ended 31 March 2016
......... continued

3

Share capital

Allotted, called up and fully paid shares

 

2016

2015

   

No.

   

£

   

No.

   

£

 

Ordinary shares of £1 each

 

100

   

100

   

100

   

100

                         

4

Related party transactions

Director's advances and credits

 

2016
Advance/ Credit
£

2016
Repaid
£

2015
Advance/ Credit
£

2015
Repaid
£

Mr Robert Dobson

During the year the director provided the company with an interest free loan, which is unsecured, repayable on demand and shown under Other Creditors.

8,535

714

2,733

232