Abbreviated Company Accounts - TLA WSM LTD

08970891 TLA WSM LTD 2016-03-31 false 2015-04-01 2016-03-31 true 08970891 2015-04-01 2016-03-31 08970891 2016-03-31 08970891 2015-03-31 08970891 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 08970891 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 08970891

TLA WSM LTD

Abbreviated Accounts

31 March 2016

TLA WSM LTD Registered Number 08970891

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Intangible assets	2	12,800	14,400
Tangible assets	3	4,618	5,772
		17,418	20,172
Current assets
Stocks		14,750	-
Debtors		-	5,830
Cash at bank and in hand		2,213	4,324
		16,963	10,154
Creditors: amounts falling due within one year		(18,246)	(8,574)
Net current assets (liabilities)		(1,283)	1,580
Total assets less current liabilities		16,135	21,752
Creditors: amounts falling due after more than one year		(15,719)	(21,228)
Total net assets (liabilities)		416	524
Capital and reserves
Called up share capital	4	1	1
Profit and loss account		415	523
Shareholders' funds		416	524

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 31 December 2016

And signed on their behalf by:
Ross Brinsdon, Director

TLA WSM LTD Registered Number 08970891

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 represents the value, net of value added tax and discounts, of goods provided to
customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their
estimated useful lives.

Computers & Equipment 20%
Reducing Balance

Intangible assets amortisation policy
To be amortised equally over 10 years on straight line basis

2Intangible fixed assets

	£
Cost
At 1 April 2015	16,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	16,000
Amortisation
At 1 April 2015	1,600
Charge for the year	1,600
On disposals	-
At 31 March 2016	3,200
Net book values
At 31 March 2016	12,800
At 31 March 2015	14,400

3Tangible fixed assets

	£
Cost
At 1 April 2015	7,215
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	7,215
Depreciation
At 1 April 2015	1,443
Charge for the year	1,154
On disposals	-
At 31 March 2016	2,597
Net book values
At 31 March 2016	4,618
At 31 March 2015	5,772

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

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