Registered Number 09589553
WIRRAL EVOLUTIONS LIMITED
Abbreviated Accounts
31 March 2016
Notes | 2016 | ||
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Called up share capital not paid |
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Fixed assets | |||
Intangible assets |
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Tangible assets |
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Investments |
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Current assets | |||
Stocks |
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Debtors |
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Investments |
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Cash at bank and in hand |
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Prepayments and accrued income |
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Creditors: amounts falling due within one year |
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Net current assets (liabilities) |
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Total assets less current liabilities |
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Creditors: amounts falling due after more than one year |
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Provisions for liabilities |
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Accruals and deferred income |
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Total net assets (liabilities) |
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Capital and reserves | |||
Called up share capital |
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Share premium account |
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Revaluation reserve |
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Other reserves |
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Profit and loss account |
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Shareholders' funds |
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Approved by the Board on
And signed on their behalf by:
1 Accounting Policies
Basis of measurement and preparation of accounts
The principal accounting policies are summarised below. The accounting policies have been applied consistently throughout the accounting period.
(a) Basis of accounting
The financial statements have been prepared in accordance with the provisions applicable to small companies within Part 15 of the Companies Act 2006 and with the Financial Reporting Standard for Smaller Entities (effective January 2015) [FRSSE].
Accounting policies and estimation techniques are consistent with the requirements of the FRSSE and companies legislation. Where this permits a choice, we have selected policies and techniques most appropriate to our particular circumstances for the purpose of giving a true and fair view, taking account of the objectives of relevance, reliability, comparability and understandability.
The financial statements have been prepared on an accruals basis of accounting. The financial statements have also been prepared with regard to the accounting concepts of prudence and going concern.
(b) Fixed Assets
Wirral Evolutions did not acquire any fixed assets in the period to 31 March 2016. Capitalisation and depreciation policies will be confirmed in future to apply to any future acquisitions and recording in subsequent financial statements.
(c) Operating leases
Rentals payable under operating leases are charged in the Profit and Loss account on a straight line basis over the term of the lease.