WEB_BUSTER_UK_LIMITED - Accounts

WEB BUSTER UK LIMITED - Company Information

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Company Registration No. 09322687 (England and Wales)

WEB BUSTER UK LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2016

WEB BUSTER UK LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

WEB BUSTER UK LIMITED

ABBREVIATED BALANCE SHEET

AS AT

30 NOVEMBER 2016

- 1 -

2016

2015

Notes

Fixed assets

Tangible assets

2,937

2,967

Current assets

Debtors

894

Cash at bank and in hand

5,886

3,040

5,956

3,934

Creditors: amounts falling due within one year

(8,822)

(8,031)

Net current liabilities

(2,866)

(4,097)

Total assets less current liabilities

(1,130)

Capital and reserves

Called up share capital

100

Profit and loss account

(29)

(1,230)

Shareholders' funds

(1,130)

For the financial year ended 30 November 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 14 August 2017

Mr A J Metcalfe

Director

Company Registration No. 09322687

WEB BUSTER UK LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 NOVEMBER 2016

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Plant and machinery

25% Reducing balance

Fixed assets

Tangible assets

Cost

At 1 December 2015

3,956

Additions

949

At 30 November 2016

4,905

Depreciation

At 1 December 2015

989

Charge for the year

979

At 30 November 2016

1,968

Net book value

At 30 November 2016

2,937

At 30 November 2015

2,967

WEB BUSTER UK LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 30 NOVEMBER 2016

- 3 -

Share capital

2016

2015

Allotted, called up and fully paid

100 Ordinary Shares of £1 each

100

Related party relationships and transactions

Directors Loan

The Director, Mr Metcalfe has provided the company with working capital in the form of an interest free loan. As at 30th November 2016, and included within 'Creditors: amounts due within one year' is a loan from the directors amounting to £8,212 (2015 :£7,233).