WTIS Ltd - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 04303918 (England and Wales)

WTIS LTD

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2014

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

W H W Tuttlebee

SECRETARY:

Mrs H E Tuttlebee

REGISTERED OFFICE:

51 St Blaize Road

Romsey

Hampshire

SO51 7JY

REGISTERED NUMBER:

04303918 (England and Wales)

ACCOUNTANTS:

Simplitax

19 Wilton Gardens

Upper Shirley

Southampton

Hampshire

SO15 7QS

FIXED ASSETS

Tangible assets

2

3,370

4,493

CURRENT ASSETS

Cash at bank

75,805

28,280

CREDITORS

Amounts falling due within one year

43,134

29,686

NET CURRENT ASSETS/(LIABILITIES)

32,671

(1,406

)

TOTAL ASSETS LESS CURRENT LIABILITIES

36,041

3,087

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

35,941

2,987

SHAREHOLDERS' FUNDS

36,041

3,087

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 24 October 2014 and were signed by:

W H W Tuttlebee - Director

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 April 2008).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

25% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

and 31 March 2014

9,478

DEPRECIATION

At 1 April 2013

4,985

Charge for year

1,123

At 31 March 2014

6,108

NET BOOK VALUE

At 31 March 2014

3,370

At 31 March 2013

4,493

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

100

Ordinary

£1

100

100