Abbreviated Company Accounts - WEATHERARK LIMITED

WEATHERARK LIMITED - Company Information

06684133 WEATHERARK LIMITED 2014-03-31 false 2013-04-01 2014-03-31 true 06684133 2013-04-01 2014-03-31 06684133 2014-03-31 06684133 2013-03-31 06684133 uk-gaap-cd-bus:Director1 2013-04-01 2014-03-31 06684133 uk-gaap-cd-bus:Director2 2013-04-01 2014-03-31 uk-gaap-cd-bus:Director3 2013-04-01 2014-03-31 uk-gaap-cd-bus:Director3 2014-03-31 uk-gaap-cd-bus:Director3 2013-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-03-31 iso4217:GBP shares

Registered Number 06684133

WEATHERARK LIMITED

Abbreviated Accounts

31 March 2014

WEATHERARK LIMITED Registered Number 06684133

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	43,954	61,999
		43,954	61,999
Current assets
Stocks		5,000	5,000
Debtors		61,615	110,620
Cash at bank and in hand		108,258	78,413
		174,873	194,033
Creditors: amounts falling due within one year		(200,771)	(149,491)
Net current assets (liabilities)		(25,898)	44,542
Total assets less current liabilities		18,056	106,541
Creditors: amounts falling due after more than one year		(10,845)	(19,140)
Provisions for liabilities		(5,621)	(10,714)
Total net assets (liabilities)		1,590	76,687
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		1,490	76,587
Shareholders' funds		1,590	76,687

For the year ending 31 March 2014 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 23 December 2014

And signed on their behalf by:
Mr N Weatherall, Director

WEATHERARK LIMITED Registered Number 06684133

Notes to the Abbreviated Accounts for the period ended 31 March 2014

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.

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).

Turnover policy
Turnover represents amounts receivable for goods and services made in the period net of VAT. Turnover is recognised when the goods or service have been provided to the customer. Projects undertaken on a contract basis, the turnover is recognised when there is a right to consideration in accordance with recognised staged billing as agreed with each customer for the level of work performed to-date.

Tangible assets depreciation policy
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% on cost
Fixtures, fittings & equipment 25% on cost
Motor vehicles 25% on net book value

Other accounting policies
Leasing and hire purchase commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

Stock and work in progress
Work in progress is valued at the lower of cost and net realisable value. Work in progress is recognised on all costs where work has not been billed for a good or service. With regards to projects undertaken on a contract basis, work in progress is recognised on all costs where work has not been billed following the completion of the previous stage of billing.

2Tangible fixed assets

	£
Cost
At 1 April 2013	134,096
Additions	5,446
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	139,542
Depreciation
At 1 April 2013	72,097
Charge for the year	23,491
On disposals	-
At 31 March 2014	95,588
Net book values
At 31 March 2014	43,954
At 31 March 2013	61,999

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
100 Ordinary shares of £1 each	100	100

4Transactions with directors

Name of director receiving advance or credit:	N Weatherall
Description of the transaction:	Loan
Balance at 1 April 2013:	£ 81,342
Advances or credits made:	£ 1,971
Advances or credits repaid:	£ 72,000
Balance at 31 March 2014:	£ 11,313

Other transactions
During the year the company re-charged costs amounting to £2,081 (2013 - £3,567) to Ooze Digital Limited, a company which is under common control. During the year the company advanced funds amounting to £nil (2013 - £10,000), and received from Ooze Digital Limited a total of £2,406 (2013 - £3,870). As at the year end there was a creditor of £7,175 (2013 - £Nil) due to Ooze Digital Limited.

During the year the company advanced £Nil (2013 - £4,100) to My Mobile World Limited, a company 100% owned by N Weatherall and received £15,000 (2013 - £7,500). At the year end the company owed £13,400 (2013 - £1,600 was due) to My Mobile World Limited .