Company Registration No. 6604853 (England and Wales)
WEP FABRICATIONS LIMITED
Abbreviated unaudited accounts
for the year ended 31 May 2016
WEP FABRICATIONS LIMITED
Abbreviated Balance Sheet
as at 31 May 2016
Tangible assets
144,775
139,547
Cash at bank and in hand
244,897
204,233
Creditors: amounts falling due within one year
(173,514)
(235,846)
Net current assets
121,026
45,810
Net assets
265,801
185,357
Called up share capital
200
200
Profit and loss account
265,601
185,157
Total shareholders' funds
265,801
185,357
For the year ending 31 May 2016 the company was entitled to exemption from audit 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 and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Approved by the board on 7 February 2017
Mr W E Pentelow
Director
Company Registration No. 6604853
WEP FABRICATIONS LIMITED
Notes to the Abbreviated Accounts
for the year ended 31 May 2016
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
No depreciation provided
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Allotted, called up and fully paid:
100 Ordinary shares - class A of £1 each
100
100
92 Ordinary shares - class B of £1 each
92
92
8 Ordinary shares - class C of £1 each
8
8
