Abbreviated Company Accounts - ANDREW W WRIGHT LTD.

Abbreviated Company Accounts - ANDREW W WRIGHT LTD.

ANDREW W WRIGHT LTD. - Company Information

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Registered Number 07351401

ANDREW W WRIGHT LTD.

Abbreviated Accounts

30 September 2016

ANDREW W WRIGHT LTD. Registered Number 07351401

Abbreviated Balance Sheet as at 30 September 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 6,151 7,896
6,151 7,896
Current assets
Debtors 9,800 8,581
Cash at bank and in hand 39,511 18,068
49,311 26,649
Creditors: amounts falling due within one year (33,971) (22,463)
Net current assets (liabilities) 15,340 4,186
Total assets less current liabilities 21,491 12,082
Provisions for liabilities - (1,580)
Total net assets (liabilities) 21,491 10,502
Capital and reserves
Called up share capital 100 100
Profit and loss account 21,391 10,402
Shareholders' funds 21,491 10,502
  • For the year ending 30 September 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 10 May 2017

And signed on their behalf by:
Mr W A Wright, Director

ANDREW W WRIGHT LTD. Registered Number 07351401

Notes to the Abbreviated Accounts for the period ended 30 September 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and machinery - 20% reducing balance
Motor vehicles - 25% reducing balance

Other accounting policies
Stocks
Stock is valued at the lower of cost and net realisable value.

2Tangible fixed assets
£
Cost
At 1 October 2015 12,795
Additions 250
Disposals -
Revaluations -
Transfers -
At 30 September 2016 13,045
Depreciation
At 1 October 2015 4,899
Charge for the year 1,995
On disposals -
At 30 September 2016 6,894
Net book values
At 30 September 2016 6,151
At 30 September 2015 7,896