Roy Welling Associates Limited - Abbreviated accounts

Registered number

06256254

Roy Welling Associates Limited

Abbreviated Accounts

31 May 2016

Roy Welling Associates Limited
Registered number:		06256254
Abbreviated Balance Sheet
as at 31 May 2016

Notes			2016			2015
£				£
Fixed assets
Intangible assets	2		25,900			52,100
Tangible assets	3		799			1,024
			26,699			53,124

Current assets
Debtors		22,506			35,313
Investments held as current assets		67,774			70,339
Cash at bank and in hand		9,895			10,136
		100,175			115,788

Creditors: amounts falling due within one year		(16,323)			(23,974)

Net current assets			83,852			91,814

Net assets			110,551			144,938

Capital and reserves
Called up share capital	4		101			101
Profit and loss account			110,450			144,837

Shareholders' funds			110,551			144,938

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.



Roy Welling
Director
Approved by the board on 16 February 2017

Roy Welling Associates Limited
Notes to the Abbreviated Accounts
for the year ended 31 May 2016

1	Accounting policies

	Turnover
	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.

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

	Plant and machinery			15% straight line



2	Intangible fixed assets					£

	Cost
	At 1 June 2015					262,000
	At 31 May 2016					262,000

	Amortisation
	At 1 June 2015					209,900
	Provided during the year					26,200
	At 31 May 2016					236,100

	Net book value
	At 31 May 2016					25,900
	At 31 May 2015					52,100


3	Tangible fixed assets					£

	Cost
	At 1 June 2015					2,839
	At 31 May 2016					2,839

	Depreciation
	At 1 June 2015					1,815
	Charge for the year					225
	At 31 May 2016					2,040

	Net book value
	At 31 May 2016					799
	At 31 May 2015					1,024


4	Share capital	Nominal		2016		2016		2015
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		101		101		101