Willem Barentsz Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 09127207 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 JULY 2016

FOR

WILLEM BARENTSZ LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

M J F Claessens

REGISTERED OFFICE:

3 Mandeville Place

London

W1U 3AP

REGISTERED NUMBER:

09127207 (England and Wales)

ACCOUNTANT:

Richards Associates Limited

Chartered Accountants

North Lodge

Hawkesyard

Armitage Lane

Rugeley

Staffordshire

WS15 1PS

FIXED ASSETS

Tangible assets

2

11,427

-

CURRENT ASSETS

Stocks

9,522

-

Debtors

6,813

800

Cash at bank

71,699

3,732

88,034

4,532

CREDITORS

Amounts falling due within one year

238,149

24,499

NET CURRENT LIABILITIES

(150,115

)

(19,967

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(138,688

)

(19,967

)

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

(138,689

)

(19,968

)

SHAREHOLDERS' FUNDS

(138,688

)

(19,967

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 25 April 2017 and were signed by:

M J F Claessens - Director

1.	ACCOUNTING POLICIES

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).

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.

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

Additions

12,697

At 31 July 2016

12,697

DEPRECIATION

Charge for year

1,270

At 31 July 2016

1,270

NET BOOK VALUE

At 31 July 2016

11,427

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.16

31.7.15

value:

£

£

1

Ordinary

£1

1

1

4.	GOING CONCERN

These accounts have been prepared on the going concern basis on the understanding that the

company is able to meet its liabilities as they fall due.