Wrightworld Limited - Limited company - abbreviated - 11.6

Wrightworld Limited - Limited company - abbreviated - 11.6


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REGISTERED NUMBER: 08916921 (England and Wales)














WRIGHTWORLD LIMITED

Abbreviated Unaudited Accounts

for the Period 28 February 2014 to 28 February 2015






WRIGHTWORLD LIMITED (REGISTERED NUMBER: 08916921)

Contents of the Abbreviated Accounts
for the Period 28 February 2014 to 28 February 2015










Page

Company Information 1

Abbreviated Balance Sheet 2 to 3

Notes to the Abbreviated Accounts 4 to 5

WRIGHTWORLD LIMITED

Company Information
for the Period 28 February 2014 to 28 February 2015







Director: Ms S Branca





Registered office: Artisans' House
7 Queensbridge
Northampton
Northamptonshire
NN4 7BF





Registered number: 08916921 (England and Wales)





Accountants: Cobley Desborough
Chartered Certified Accountants
Chartered Tax Advisers
Artisans' House
7 Queensbridge
Northampton
Northamptonshire
NN4 7BF

WRIGHTWORLD LIMITED (REGISTERED NUMBER: 08916921)

Abbreviated Balance Sheet
28 February 2015

Notes £    £   
FIXED ASSETS
Intangible assets 2 34,300
Tangible assets 3 954
35,254

CURRENT ASSETS
Stocks 12,285
Debtors 103,128
Cash at bank 49,231
164,644
CREDITORS
Amounts falling due within one year 199,784
NET CURRENT LIABILITIES (35,140 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

114

CAPITAL AND RESERVES
Called up share capital 4 100
Profit and loss account 14
SHAREHOLDERS' FUNDS 114

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 February 2015.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 February 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

WRIGHTWORLD LIMITED (REGISTERED NUMBER: 08916921)

Abbreviated Balance Sheet - continued
28 February 2015


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 18 May 2015 and were signed by:





Ms S Branca - Director


WRIGHTWORLD LIMITED (REGISTERED NUMBER: 08916921)

Notes to the Abbreviated Accounts
for the Period 28 February 2014 to 28 February 2015


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 net invoiced sales of goods, excluding value added tax.

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

Fixtures and fittings - 25% on reducing balance
Computer equipment - 33% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed
at the balance sheet date.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis
over the period of the lease.

2. INTANGIBLE FIXED ASSETS
Total
£   
Cost
Additions 34,300
At 28 February 2015 34,300
Net book value

At 28 February 2015 34,300

WRIGHTWORLD LIMITED (REGISTERED NUMBER: 08916921)

Notes to the Abbreviated Accounts - continued
for the Period 28 February 2014 to 28 February 2015


3. TANGIBLE FIXED ASSETS
Total
£   
Cost
Additions 1,391
At 28 February 2015 1,391
Depreciation
Charge for period 437
At 28 February 2015 437
Net book value
At 28 February 2015 954

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
100 Ordinary £1 100

100 Ordinary shares of £1 were issued during the period for cash of £ 100 .