W J Dando Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 01216562 (England and Wales)

W J DANDO LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2016

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

R A Dando

R W J Dando

Mrs I M Dando

SECRETARY:

R A Dando

REGISTERED OFFICE:

13 Hill End Lane

Mottram

Hyde

Cheshire

SK14 6JR

REGISTERED NUMBER:

01216562 (England and Wales)

ACCOUNTANTS:

Usher Spiby & Co

76 Manchester Road

Denton

Manchester

M34 3PS

FIXED ASSETS

Tangible assets

2

126,817

127,293

CURRENT ASSETS

Stocks

886

750

Debtors

984

-

Cash at bank

347

2,210

2,217

2,960

CREDITORS

Amounts falling due within one year

24,285

27,876

NET CURRENT LIABILITIES

(22,068

)

(24,916

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

104,749

102,377

CAPITAL AND RESERVES

Called up share capital

3

Revaluation reserve

2,210

Profit and loss account

102,536

100,164

SHAREHOLDERS' FUNDS

104,749

102,377

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 14 March 2017 and were signed on its behalf by:

R A Dando - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention as modified by the revaluation

of certain assets and in accordance with the Financial Reporting Standard for Smaller Entities (effective January

2015).

Turnover

Turnover represents net invoiced sales of goods, 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.

Office equipment

-

20% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

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 OR VALUATION

At 1 July 2015

and 30 June 2016

130,554

DEPRECIATION

At 1 July 2015

3,261

Charge for year

476

At 30 June 2016

3,737

NET BOOK VALUE

At 30 June 2016

126,817

At 30 June 2015

127,293

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.16

30.6.15

value:

£

3

Ordinary

1

3