AWELO LIMITED


true Mr. F. 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Registered number: 8977458
AWELO LIMITED
Abbreviated accounts
For The Year Ended 30 April 2016
Abbreviated Balance Sheet
2016 2015
Notes £ £ £ £
CURRENT ASSETS
Debtors 2,400 -
Cash at bank and in hand 48,636 75,455
51,036 75,455
Creditors: Amounts Falling Due Within One Year (23,570 ) (29,293 )
NET CURRENT ASSETS (LIABILITIES) 27,466 46,162
TOTAL ASSETS LESS CURRENT LIABILITIES 27,466 46,162
NET ASSETS 27,466 46,162
CAPITAL AND RESERVES
Called up share capital 2 1 1
Profit and Loss Account 27,465 46,161
SHAREHOLDERS' FUNDS 27,466 46,162
For the year ending 30 April 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities
  • The member has 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 abbreviated accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2015).
On behalf of the board
Frederick Angole
05/01/2017
Notes to the Abbreviated Accounts
1. Accounting Policies
1.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
1.2. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2. Share Capital
Value Number 2016 2015
Allotted, called up and fully paid £ £ £
Ordinary shares 0.010 100 1 1
3. Transactions With and Loans to Directors
Dividends paid to directors
2016 2015
£ £
Frederick Angole 77,726 42,190
4. Ultimate Controlling Party
The company's ultimate controlling party is Mr. F. Angole by virtue of his ownership of 100% of the issued share capital in the company.
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