Company Registration No. 08051581 (England and Wales)
GEOFF WILKINSON PHOTOGRAPHY LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2016
GEOFF WILKINSON PHOTOGRAPHY LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2
GEOFF WILKINSON PHOTOGRAPHY LIMITED
ABBREVIATED BALANCE SHEET
AS AT
30 APRIL 2016
30 April 2016
- 1 -
2016
2015
Notes
£
£
£
£
Fixed assets
Tangible assets
2
3,571
3,409
Current assets
Debtors
1,032
666
Cash at bank and in hand
20,547
12,428
21,579
13,094
Creditors: amounts falling due within one year
(23,155)
(9,667)
Net current liabilities/(assets)
(1,576)
3,427
Total assets less current liabilities
1,995
6,836
Capital and reserves
Called up share capital
3
100
100
Profit and loss account
1,895
6,736
Shareholders' funds
1,995
6,836
For the financial year ended 30 April 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 21 December 2016
GT Wilkinson
Director
Company Registration No. 08051581
GEOFF WILKINSON PHOTOGRAPHY LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 APRIL 2016
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
1.2
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).
1.3
Turnover
Turnover represents amounts receivable for goods and services .
.
1.4
Tangible fixed assets and depreciation
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
20% Straight Line basis
2
Fixed assets
Tangible assets
£
Cost
At 1 May 2015
4,848
Additions
1,414
At 30 April 2016
6,262
Depreciation
At 1 May 2015
1,439
Charge for the year
1,252
At 30 April 2016
2,691
Net book value
At 30 April 2016
3,571
At 30 April 2015
3,409
3
Share capital
2016
2015
£
£
Allotted, called up and fully paid
100 Ordinary shares of £1 each
100
100