3-WISE LIMITED - Abbreviated accounts 16.3
3-WISE LIMITED - Abbreviated accounts 16.3
| REGISTERED NUMBER: |
| ABBREVIATED UNAUDITED ACCOUNTS |
| FOR THE YEAR ENDED 30 JUNE 2016 |
| FOR |
| 3-WISE LIMITED |
| 3-WISE LIMITED (Registered number: 04469057) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 30 JUNE 2016 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| 3-WISE LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 30 JUNE 2016 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| 3-WISE LIMITED (Registered number: 04469057) |
| ABBREVIATED BALANCE SHEET |
| 30 JUNE 2016 |
| 30.6.16 | 30.6.15 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 2 |
| Tangible assets | 3 |
| CURRENT ASSETS |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
| CAPITAL AND RESERVES |
| Called up share capital | 4 |
| Profit and loss account | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
| 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. |
| 3-WISE LIMITED (Registered number: 04469057) |
| ABBREVIATED BALANCE SHEET - continued |
| 30 JUNE 2016 |
| The financial statements were approved by the Board of Directors on its behalf by: |
| 3-WISE LIMITED (Registered number: 04469057) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 30 JUNE 2016 |
| 1. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| The company relies on the continued support of the director who is the major creditor. The financial |
| statements have been prepared on a going concern basis on the understanding that the director will |
| not withdraw their loan to the detriment of other creditors. |
| Accounting convention |
| The financial statements have been prepared under the historical cost convention and in accordance |
| with the Financial Reporting Standard for Smaller Entities (effective January 2015). |
| The company was dormant throughout the current year and previous year. |
| Franchise fee |
| The franchise fee was purchased in 2002 and the directors are of the opinion that it's useful |
| economic life is 10 years. The cost is therefore being written off on a straight line basis over 10 |
| years. |
| Tangible fixed assets |
| Plant and machinery | - |
| Deferred tax |
| Deferred tax arises as a result of including items of income and expenditure in taxation |
| computations in period different from those in which they are included in the company's accounts. |
| Deferred tax is provided in full on timing differences which result in an obligation to pay more (or |
| less) tax at a future date, at the average tax rates that are expected to apply when the timing |
| differences reverse, based on current tax rates and laws. |
| Deferred tax is not provided on timing differences arising from the revaluation of fixed assets where |
| there is no commitment to sell the asset. |
| Deferred tax assets and liabilities are not discounted. |
| 3-WISE LIMITED (Registered number: 04469057) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| FOR THE YEAR ENDED 30 JUNE 2016 |
| 2. | INTANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 July 2015 |
| and 30 June 2016 |
| AMORTISATION |
| At 1 July 2015 |
| and 30 June 2016 |
| NET BOOK VALUE |
| At 30 June 2016 |
| At 30 June 2015 |
| 3. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 July 2015 |
| and 30 June 2016 |
| DEPRECIATION |
| At 1 July 2015 |
| and 30 June 2016 |
| NET BOOK VALUE |
| At 30 June 2016 |
| At 30 June 2015 |
| 4. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 30.6.16 | 30.6.15 |
| value: | £ | £ |
| Ordinary shares | £1 |