| The Wayside Network Limited |
| Registered number: |
04569339 |
| Abbreviated Balance Sheet |
| as at 31 March 2014 |
|
| Notes |
|
|
2014 |
|
|
2013 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
25,023 |
|
|
17,898 |
|
| Current assets |
| Stocks |
|
|
570 |
|
|
2,570 |
| Debtors |
|
|
21,195 |
|
|
8,653 |
| Cash at bank and in hand |
|
|
976,935 |
|
|
971,395 |
|
|
|
998,700 |
|
|
982,618 |
|
| Creditors: amounts falling due within one year |
|
|
(24,635) |
|
|
(35,324) |
|
| Net current assets |
|
|
|
974,065 |
|
|
947,294 |
|
| Net assets |
|
|
|
999,088 |
|
|
965,192 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
3 |
|
|
1,000 |
|
|
1,000 |
| Profit and loss account |
|
|
|
998,088 |
|
|
964,192 |
|
| Shareholders' funds |
|
|
|
999,088 |
|
|
965,192 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| Members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| 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 provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| Dr S K Blackburn |
| Director |
| Approved by the board on 29 December 2014 |
|
| The Wayside Network Limited |
| Notes to the Abbreviated Accounts |
| for the year ended 31 March 2014 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
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 |
|
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Equipment |
1/3 of the cost per annum |
|
|
Stocks |
|
Stock is valued at the lower of cost and net realisable value. |
|
| 2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 April 2013 |
45,050 |
|
Additions |
18,268 |
|
At 31 March 2014 |
63,318 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 April 2013 |
27,152 |
|
Charge for the year |
11,143 |
|
At 31 March 2014 |
38,295 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2014 |
25,023 |
|
At 31 March 2013 |
17,898 |
|
|
|
|
|
|
|
|
| 3 |
Share capital |
Nominal |
|
2014 |
|
2014 |
|
2013 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary A shares |
50p each |
|
1,000 |
|
500 |
|
500 |
|
Ordinary B shares |
50p each |
|
1,000 |
|
500 |
|
500 |
|
|
|
|
|
|
1,000 |
|
1,000 |
|
|
|
|
|
|
|
|
|
