Abbreviated Company Accounts - PHILIP WOOLLER LTD

PHILIP WOOLLER LTD - Company Information

08064416 PHILIP WOOLLER LTD 2016-05-31 false 2015-06-01 2016-05-31 true 08064416 2015-06-01 2016-05-31 08064416 2016-05-31 08064416 2015-05-31 08064416 uk-gaap-cd-bus:Director1 2015-06-01 2016-05-31 08064416 uk-gaap-cd-bus:Director2 2015-06-01 2016-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-06-01 2016-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass2 2015-06-01 2016-05-31 uk-gaap-cd-bus:OrdinaryShareClass2 2016-05-31 uk-gaap-cd-bus:OrdinaryShareClass2 2015-05-31 iso4217:GBP shares

Registered Number 08064416

PHILIP WOOLLER LTD

Abbreviated Accounts

31 May 2016

PHILIP WOOLLER LTD Registered Number 08064416

Abbreviated Balance Sheet as at 31 May 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	17,100	16,445
		17,100	16,445
Current assets
Debtors		30,955	42,075
Cash at bank and in hand		377,392	303,331
		408,347	345,406
Creditors: amounts falling due within one year		(192,833)	(209,712)
Net current assets (liabilities)		215,514	135,694
Total assets less current liabilities		232,614	152,139
Total net assets (liabilities)		232,614	152,139
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		232,514	152,039
Shareholders' funds		232,614	152,139

For the year ending 31 May 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 20 February 2017

And signed on their behalf by:
Philip Wooller, Director

PHILIP WOOLLER LTD Registered Number 08064416

Notes to the Abbreviated Accounts for the period ended 31 May 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

Turnover policy
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
Fixtures, fittings & equipment - 25% Reducing balance

2Tangible fixed assets

	£
Cost
At 1 June 2015	27,063
Additions	6,354
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2016	33,417
Depreciation
At 1 June 2015	10,618
Charge for the year	5,699
On disposals	-
At 31 May 2016	16,317
Net book values
At 31 May 2016	17,100
At 31 May 2015	16,445

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
50 A Ordinary shares of £1 each	50	50
50 B Ordinary shares of £1 each	50	50