Abbreviated Company Accounts - WILLOWROCK LIMITED

Abbreviated Company Accounts - WILLOWROCK LIMITED

WILLOWROCK LIMITED - Company Information

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Registered Number 07495107

WILLOWROCK LIMITED

Abbreviated Accounts

31 March 2016

WILLOWROCK LIMITED Registered Number 07495107

Abbreviated Balance Sheet as at 31 March 2016

Notes 2016 2015
$ $
Current assets
Debtors 104,574 93,360
104,574 93,360
Creditors: amounts falling due within one year (194,508) (168,053)
Net current assets (liabilities) (89,934) (74,693)
Total assets less current liabilities (89,934) (74,693)
Total net assets (liabilities) (89,934) (74,693)
Capital and reserves
Called up share capital 5 5
Profit and loss account (89,939) (74,698)
Shareholders' funds (89,934) (74,693)
  • For the year ending 31 March 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 21 March 2017

And signed on their behalf by:
Carandale Limited, Director
Gerald Morrissey, Director

WILLOWROCK LIMITED Registered Number 07495107

Notes to the Abbreviated Accounts for the period ended 31 March 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 have been drawn up on a going concern basis as in the opinion of the directors adequate finance will be obtained or made available to allow the company to continue to trade for the foreseeable future and be able to meet its liabilities as they fall due.

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

Other accounting policies
Monetary assets and liabilities denominated in foreign currencies are translated into US$ at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All differences are taken to the profit and loss account.