Accounts filed on 30-04-2017


Registered number: 09399849






William Downie Associates Ltd


ACCOUNTS

FOR THE YEAR ENDED 30/04/2017
























Prepared By:
David Reed Associates Ltd
54D Frome Road
Bradford on Avon
Wiltshire
BA15 1LA


William Downie Associates Ltd


ACCOUNTS
FOR THE YEAR ENDED 30/04/2017





DIRECTORS
Mr W Downie
L M Downie


REGISTERED OFFICE
54D Frome Road
Bradford on Avon
Wiltshire
BA15 1LA


COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 09399849



ACCOUNTANTS
David Reed Associates Ltd
54D Frome Road
Bradford on Avon
Wiltshire
BA15 1LA


ACCOUNTS
FOR THEYEARENDED30/04/2017



CONTENTS



		Page

Directors' Report		-

Accountants' Report		-

Statement Of Comprehensive Income		-

Balance Sheet		3

Notes To The Accounts		4


The following do not form part of the statutory financial statements:

Trading And Profit And Loss Account		-

Profit And Loss Account Summaries		-


BALANCE SHEET AT 30/04/2017

			2017		2016
	Notes		£		£

FIXED ASSETS
Tangible assets	2		2,797		3,496

CURRENT ASSETS
Debtors	3	29,041		24,235
Cash at bank and in hand		36,782		40,258
		65,823		64,493
CREDITORS: Amounts falling due within one year	4	35,611		41,481
NET CURRENT ASSETS			30,212		23,012
TOTAL ASSETS LESS CURRENT LIABILITIES			33,009		26,508


PROVISIONS FOR LIABILITIES AND CHARGES	6		559		699

NET ASSETS			32,450		25,809

CAPITAL AND RESERVES

Called up share capital	7		100		100
Profit and loss account			32,350		25,709
SHAREHOLDERS' FUNDS			32,450		25,809

For the year ending 30/04/2017 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.

Approved by the board on 25/09/2017 and signed on their behalf by



.............................
Mr W Downie
Director

1. ACCOUNTING POLICIES




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention and in accordance with FRS102 section 1A applicable to small entities - The Financial Reporting Standard applicable in the UK, Republic of Ireland and the Companies Act 2006 .
These financial statements for the year ended 30 April 2017 are the first financial statements that comply with FRS102 Section 1A Small Entities. The date of transition is 1 May 2015. There are no material adjustments on transition.




1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Equipment		reducing balance 20%




1c. Pension Costs
The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.




3. DEBTORS	2017	2016
	£	£
Amounts falling due within one year
Trade debtors	26,057	23,798
Other debtors	2,490	-
Prepayments	494	437
	29,041	24,235




4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2017	2016
	£	£
UK corporation tax	10,218	17,412
VAT	1,558	5,979
Directors current account	12,746	12,840
Trade creditors	5,437	-
Other creditors	4,377	4,000
Accruals	1,275	1,250
	35,611	41,481




7. SHARE CAPITAL	2017	2016
	£	£
Allotted, issued and fully paid:
51 Ordinary A of £1 each	51	51
49 Ordinary B of £1 each	49	49
	100	100