M Watling Property Services Limited - Limited company - abbreviated

REGISTERED NUMBER: 07664860 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 30 June 2015

for

M Watling Property Services Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

M Watling

SECRETARY:

REGISTERED OFFICE:

20 Eastfield Road

Anlaby High Road

Kingston upon Hull

East Yorkshire

HU4 6DX

REGISTERED NUMBER:

07664860 (England and Wales)

ACCOUNTANTS:

Andrew Cooper & Company

Chartered Accountants

650 Anlaby Road

Kingston upon Hull

East Yorkshire

HU3 6UU

FIXED ASSETS

Tangible assets

2

3,410

5,105

CURRENT ASSETS

Debtors

1,377

-

Cash at bank and in hand

1,543

619

2,920

619

CREDITORS

Amounts falling due within one year

5,388

3,672

NET CURRENT LIABILITIES

(2,468

)

(3,053

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

942

2,052

CAPITAL AND RESERVES

Called up share capital

3

1

Profit and loss account

941

2,051

SHAREHOLDERS' FUNDS

942

2,052

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2015 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 16 February 2016 and were signed by:

M Watling - 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 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.

Plant and machinery etc

-

15% on cost and 10% on cost

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.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2014

11,300

Additions

444

At 30 June 2015

11,744

DEPRECIATION

At 1 July 2014

6,195

Charge for year

2,139

At 30 June 2015

8,334

NET BOOK VALUE

At 30 June 2015

3,410

At 30 June 2014

5,105

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.15

30.6.14

value:

£

1

Ordinary

£1

1

M Watling Property Services Limited - Limited company - abbreviated - 11.6

M Watling Property Services Limited - Limited company - abbreviated - 11.6