Webb Electronics (1995) Limited
|
Registered number: |
09728690
|
Abbreviated Balance Sheet |
as at 31 August 2016
|
|
Notes |
|
|
2016 |
|
£ |
|
Fixed assets |
Tangible assets |
2 |
|
|
6,733 |
|
Current assets |
Stocks |
|
|
14,882 |
Debtors |
|
|
80,327 |
Cash at bank and in hand |
|
|
116,862 |
|
|
|
212,071 |
|
|
|
Creditors: amounts falling due within one year |
|
|
(129,885) |
|
Net current assets |
|
|
|
82,186 |
|
|
Net assets |
|
|
|
88,919 |
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
3 |
|
|
2 |
Profit and loss account |
|
|
|
88,917 |
|
Shareholders' funds |
|
|
|
88,919 |
|
|
|
|
|
|
|
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.
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The members have not required the company to obtain an audit in accordance with section 476 of the Act.
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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.
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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.
|
|
|
|
M C Webb |
Director |
Approved by the board on 2 December 2016
|
|
Webb Electronics (1995) Limited
|
Notes to the Abbreviated Accounts |
for the year ended 31 August 2016
|
|
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 January 2015).
|
|
|
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. |
|
|
Plant and machinery |
15% reducing balance
|
|
Motor vehicles |
25% reducing balance
|
|
|
Stocks |
|
Stock is valued at the lower of cost and net realisable value. |
|
|
2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
Additions |
8,391 |
|
At 31 August 2016 |
8,391 |
|
|
|
|
|
|
|
|
Depreciation |
|
Charge for the year |
1,658 |
|
At 31 August 2016 |
1,658 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 August 2016 |
6,733 |
|
|
|
|
|
|
|
|
3 |
Share capital |
Nominal |
|
2016 |
|
2016 |
|
value |
Number |
£ |
|
|
Allotted, called up and fully paid: |
|
Ordinary shares
|
£1 each |
|
2 |
|
2 |
|
|
|
|
|
|
|
|
Nominal |
Number |
Amount |
value |
£ |
|
Shares issued during the period: |
|
Ordinary shares
|
£1 each |
|
2 |
|
2 |
|
|
|
|
|
|
|