Micro-entity Accounts - WISE UTILITY LTD

07686267 WISE UTILITY LTD 2017-03-31 false 2016-04-01 2017-03-31 true 07686267 2016-04-01 2017-03-31 07686267 2017-03-31 07686267 2016-03-31 07686267 uk-gaap-cd-bus:Director1 2016-04-01 2017-03-31 07686267 uk-gaap-cd-bus:Director2 2016-04-01 2017-03-31 07686267 uk-gaap-cd-bus:AllEntityOfficers 2016-04-01 2017-03-31 iso4217:GBP shares

Registered Number 07686267

WISE UTILITY LTD

Micro-entity Accounts

31 March 2017

WISE UTILITY LTD Registered Number 07686267

Micro-entity Balance Sheet as at 31 March 2017

	2017	2016
	£	£
Fixed Assets	608	2,068
Current Assets	57,030	61,473
Creditors: amounts falling due within one year	(17,202)	(16,438)
Net current assets (liabilities)	39,828	45,035
Total assets less current liabilities	40,436	47,103
Total net assets (liabilities)	40,436	47,103
Capital and reserves	40,436	47,103

For the year ending 31 March 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 30 December 2017

And signed on their behalf by:
Pramod Dewan, Director

WISE UTILITY LTD Registered Number 07686267

Notes to the Micro-entity Accounts for the period ended 31 March 2017

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
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:

Computer equipment 33.33% Straight line method