WYATT_AND_ACKERMAN_(BRIST - Accounts

WYATT AND ACKERMAN (BRISTOL) LTD - Company Information

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Company Registration No. 04258874 (England and Wales)

WYATT AND ACKERMAN (BRISTOL) LTD

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2015

WYATT AND ACKERMAN (BRISTOL) LTD

CONTENTS

Page

Abbreviated balance sheet

1 - 2

Notes to the abbreviated accounts

3 - 4

WYATT AND ACKERMAN (BRISTOL) LTD

ABBREVIATED BALANCE SHEET

AS AT

31 JULY 2015

- 1 -

2015

2014

Notes

Fixed assets

Intangible assets

17,100

19,950

Tangible assets

18,636

27,059

35,736

47,009

Current assets

Stocks

105,367

103,948

Debtors

291,734

254,809

Cash at bank and in hand

372,804

537,374

769,905

896,131

Creditors: amounts falling due within one year

(281,948)

(281,924)

Net current assets

487,957

614,207

Total assets less current liabilities

523,693

661,216

Creditors: amounts falling due after more than one year

(10,097)

(18,640)

Provisions for liabilities

(3,727)

(5,412)

509,869

637,164

Capital and reserves

Called up share capital

Profit and loss account

509,867

637,162

Shareholders' funds

509,869

637,164

WYATT AND ACKERMAN (BRISTOL) LTD

ABBREVIATED BALANCE SHEET (CONTINUED)

AS AT

31 JULY 2015

- 2 -

For the financial year ended 31 July 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' 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 directors acknowledge their 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 22 January 2016

Mr M Lewis

Director

Company Registration No. 04258874

WYATT AND ACKERMAN (BRISTOL) LTD

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 JULY 2015

- 3 -

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 April 2008).

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 net of VAT and trade discounts.

1.4

Goodwill

Goodwill representing the excess of the purchase price over the fair value of the net assets of undertakings acquired is written off in equal annual instalments over its estimated useful economic life of 20 years.

1.5

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

10% straight line

Motor vehicles

25% straight line

1.6

Stock

Stock is valued at the lower of cost and net realisable value.

1.7

Pensions

The company operates a defined contribution scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

1.8

Deferred taxation

Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

WYATT AND ACKERMAN (BRISTOL) LTD

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 JULY 2015

- 4 -

Fixed assets

Intangible assets

Tangible assets

Total

Cost

At 1 August 2014

57,000

43,919

100,919

Additions

632

At 31 July 2015

57,000

44,551

101,551

Depreciation

At 1 August 2014

37,050

16,861

53,911

Charge for the year

2,850

9,054

11,904

At 31 July 2015

39,900

25,915

65,815

Net book value

At 31 July 2015

17,100

18,636

35,736

At 31 July 2014

19,950

27,059

47,009

Creditors: amounts falling due after more than one year

The aggregate amount of creditors for which security has been given amounted to £19,417 (2014 - £27,960).

Share capital

2015

2014

Allotted, called up and fully paid

2 ordinary shares of £1 each