Woodlempark Ltd - Period Ending 2016-08-31

Registration number: 07348263

Woodlempark Ltd

Unaudited Abbreviated Accounts

for the Year Ended 31 August 2016
 

Chatha & Co
Chartered Certified Accountants
115-116 Spon End
Coventry
West Midlands
CV1 3HF

Woodlempark Ltd
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

Woodlempark Ltd
(Registration number: 07348263)
Abbreviated Balance Sheet at 31 August 2016

		Note			2016 £			2015 £
Fixed assets
Tangible fixed assets					922			922
Investments					-			60
					922			982
Current assets
Cash at bank and in hand					347			753
Creditors: Amounts falling due within one year					-			(300)
Net current assets					347			453
Net assets					1,269			1,435
Capital and reserves
Called up share capital		3			100			100
Profit and loss account					1,169			1,335
Shareholders' funds					1,269			1,435

For the year ending 31 August 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 director acknowledges her 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 director on 15 May 2017

.........................................
Dr S A Rafeeka
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

Woodlempark Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 August 2016
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective January 2015).

Depreciation

Depreciation is provided over the useful life of tangigle assets.

Asset class	Depreciation method and rate
Fixtures and equipment	10-25% reducing balance

Fixed asset investments

Fixed asset investments are stated at historical cost less provision for any diminution in value.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2	Fixed assets

		Tangible assets £			Investments £			Total £
Cost
At 1 September 2015		1,861			60			1,921
Disposals		-			(60)			(60)
At 31 August 2016		1,861			-			1,861
Depreciation
At 1 September 2015		939			-			939
At 31 August 2016		939			-			939
Net book value
At 31 August 2016		922			-			922
At 31 August 2015		922			60			982

Page 2

Woodlempark Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 August 2016
......... continued

3	Share capital

Allotted, called up and fully paid shares

	2016						2015
		No.			£			No.			£
Ordinary shares of £1 each		100			100			100			100

Page 3