Abbreviated Company Accounts - SOLUTIONS WATER AND AIR MANAGEMENT LIMITED

Abbreviated Company Accounts - SOLUTIONS WATER AND AIR MANAGEMENT LIMITED

SOLUTIONS WATER AND AIR MANAGEMENT LIMITED - Company Information

Print Friendly Version

Registered Number 03861373

SOLUTIONS WATER AND AIR MANAGEMENT LIMITED

Abbreviated Accounts

31 October 2016

SOLUTIONS WATER AND AIR MANAGEMENT LIMITED Registered Number 03861373

Abbreviated Balance Sheet as at 31 October 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 5,209 10,294
5,209 10,294
Current assets
Stocks 33,243 25,000
Debtors 47,104 36,607
Cash at bank and in hand - 4,562
80,347 66,169
Creditors: amounts falling due within one year (84,533) (73,154)
Net current assets (liabilities) (4,186) (6,985)
Total assets less current liabilities 1,023 3,309
Creditors: amounts falling due after more than one year - (2,344)
Total net assets (liabilities) 1,023 965
Capital and reserves
Called up share capital 100 100
Profit and loss account 923 865
Shareholders' funds 1,023 965
  • For the year ending 31 October 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 July 2017

And signed on their behalf by:
K Harriman, Director

SOLUTIONS WATER AND AIR MANAGEMENT LIMITED Registered Number 03861373

Notes to the Abbreviated Accounts for the period ended 31 October 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 amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Tangible assets depreciation policy
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows;

Plant and machinery 25% reducing balance

2Tangible fixed assets
£
Cost
At 1 November 2015 43,432
Additions -
Disposals (6,696)
Revaluations -
Transfers -
At 31 October 2016 36,736
Depreciation
At 1 November 2015 33,138
Charge for the year 1,736
On disposals (3,347)
At 31 October 2016 31,527
Net book values
At 31 October 2016 5,209
At 31 October 2015 10,294