Index West Midlands Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 08746880 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 29 NOVEMBER 2016

FOR

INDEX WEST MIDLANDS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Miss K S Bould

REGISTERED OFFICE:

Greville House

10 Jury Street

Warwick

Warwickshire

CV34 4EW

REGISTERED NUMBER:

08746880 (England and Wales)

ACCOUNTANTS:

Michael Harwood & Co

Chartered Accountants

Greville House

10 Jury Street

Warwick

Warwickshire

CV34 4EW

FIXED ASSETS

Tangible assets

2

1,601

-

CURRENT ASSETS

Debtors

42,970

48,660

Cash at bank

3,988

2,383

46,958

51,043

CREDITORS

Amounts falling due within one year

47,513

48,550

NET CURRENT (LIABILITIES)/ASSETS

(555

)

2,493

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,046

2,493

CAPITAL AND RESERVES

Called up share capital

3

1,000

Profit and loss account

46

1,493

SHAREHOLDERS' FUNDS

1,046

2,493

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 November 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 November 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 August 2017 and were signed by:

Miss K S Bould - 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.

Fixtures and fittings

-

33.33% on cost

Computer equipment

-

33.33% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

2,205

At 29 November 2016

2,205

DEPRECIATION

Charge for year

604

At 29 November 2016

604

NET BOOK VALUE

At 29 November 2016

1,601

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

29.11.16

29.11.15

value:

£

1,000

Ordinary Share Capital

£1.00

1,000

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 29 November 2016 and

29 November 2015:

29.11.16

29.11.15

£

Miss K S Bould

Balance outstanding at start of year

-

Amounts advanced

2,553

-

Amounts repaid

-

Balance outstanding at end of year

2,553

-