Abbreviated Company Accounts - WIRING SOLUTIONS LIMITED

WIRING SOLUTIONS LIMITED - Company Information

03887592 WIRING SOLUTIONS LIMITED 2016-04-05 false 2015-04-06 2016-04-05 true 03887592 2015-04-06 2016-04-05 03887592 2016-04-05 03887592 2015-04-05 03887592 uk-gaap-cd-bus:Director1 2015-04-06 2016-04-05 03887592 uk-gaap-cd-bus:Director2 2015-04-06 2016-04-05 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-06 2016-04-05 uk-gaap-cd-bus:OrdinaryShareClass1 2016-04-05 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-05 iso4217:GBP shares

Registered Number 03887592

WIRING SOLUTIONS LIMITED

Abbreviated Accounts

5 April 2016

WIRING SOLUTIONS LIMITED Registered Number 03887592

Abbreviated Balance Sheet as at 5 April 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	24,716	27,918
Investments	3	126,003	126,003
		150,719	153,921
Current assets
Stocks		238,946	266,578
Debtors		895,665	618,031
Cash at bank and in hand		490,632	710,441
		1,625,243	1,595,050
Creditors: amounts falling due within one year		(261,649)	(315,452)
Net current assets (liabilities)		1,363,594	1,279,598
Total assets less current liabilities		1,514,313	1,433,519
Total net assets (liabilities)		1,514,313	1,433,519
Capital and reserves
Called up share capital	4	12	12
Share premium account		260,000	260,000
Profit and loss account		1,254,301	1,173,507
Shareholders' funds		1,514,313	1,433,519

For the year ending 5 April 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 14 December 2016

And signed on their behalf by:
Mr Graham Pearce, Director

WIRING SOLUTIONS LIMITED Registered Number 03887592

Notes to the Abbreviated Accounts for the period ended 5 April 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover policy
Turnover represents amounts receivable for goods and services net of VAT 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 the estimated residual value of each asset over its expected useful life, as follows:
Plant and machinery 25% reducing balance
Motor vehicles 25% reducing balance

2Tangible fixed assets

	£
Cost
At 6 April 2015	136,598
Additions	2,819
Disposals	-
Revaluations	-
Transfers	-
At 5 April 2016	139,417
Depreciation
At 6 April 2015	108,680
Charge for the year	6,021
On disposals	-
At 5 April 2016	114,701
Net book values
At 5 April 2016	24,716
At 5 April 2015	27,918

3Fixed assets Investments
Fixed asset investments are stated at cost and no provision is made for diminution in value.

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

	2016 £	2015 £
115 Ordinary shares of £0.10 each	12	12