Water Matters Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: SC266195 (Scotland)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 APRIL 2014

FOR

WATER MATTERS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

A W Robb

SECRETARY:

A W Robb

REGISTERED OFFICE:

13 Glasgow Road

Paisley

PA1 3QS

REGISTERED NUMBER:

SC266195 (Scotland)

ACCOUNTANTS:

John M Taylor & Co

Chartered Accountants

9 Glasgow Road

PAISLEY

Renfrewshire

PA1 3QS

FIXED ASSETS

90

Tangible assets

2

11

CURRENT ASSETS

17,862

Debtors

27,051

11,728

Cash at bank

2,044

29,590

29,095

CREDITORS

12,062

Amounts falling due within one year

19,083

17,528

NET CURRENT ASSETS

10,012

17,618

TOTAL ASSETS LESS CURRENT LIABILITIES

10,023

18

PROVISIONS FOR LIABILITIES

2

17,600

NET ASSETS

10,021

CAPITAL AND RESERVES

1

Called up share capital

3

1

17,599

Profit and loss account

10,020

17,600

SHAREHOLDERS' FUNDS

10,021

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 29 January 2015 and were signed by:

A W Robb - 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 April 2008).

Turnover

Turnover represents gross sales of services less value added tax calculated using the flat rate scheme at the

applicable rate.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Office equipment

-

25% on reducing balance

Computer equipment

-

25% on cost

Deferred tax

The charge for taxation takes into account taxation deferred as a result of timing differences between the

treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in

respect of all timing differences that have originated but not reversed at the balance sheet date. However,

deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that

there will be taxable profits. Deferred taxation is measured on a non-discounted basis at the average tax rates

that would apply when the timing differences are expected to reverse, based on tax rates and laws that have been

enacted by the balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2013

838

Disposals

(200

)

At 30 April 2014

638

DEPRECIATION

At 1 May 2013

748

Charge for year

79

Eliminated on disposal

(200

)

At 30 April 2014

627

NET BOOK VALUE

At 30 April 2014

11

At 30 April 2013

90

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.14

30.4.13

value:

£

£

1

Ordinary Shares

£1

1

1