50 High St Wem Limited Small abbreviated accounts

50 High St Wem Limited Small abbreviated accounts


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COMPANY REGISTRATION NUMBER 08115721
50 HIGH ST WEM LIMITED
UNAUDITED ABBREVIATED ACCOUNTS
30 June 2015
STEWART ASSOCIATES SHREWSBURY LTD
Chartered Accountants
Emstrey House (North)
Shrewsbury Business Park
Shrewsbury
Shropshire
SY2 6LG
50 HIGH ST WEM LIMITED
ABBREVIATED BALANCE SHEET
30 June 2015
2015
2014
Note
£
£
£
£
Fixed Assets
2
Tangible assets
6,390
6,390
-------
-------
6,390
6,390
Current Assets
Cash at bank and in hand
3,770
2,174
Creditors: Amounts Falling due Within One Year
6,600
6,422
-------
-------
Net Current Liabilities
( 2,830)
( 4,248)
-------
-------
Total Assets Less Current Liabilities
3,560
2,142
-------
-------
Capital and Reserves
Called-up equity share capital
3
8
8
Other reserves
3,552
2,134
-------
-------
Shareholders' Funds
3,560
2,142
-------
-------
For the year ended 30th June 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These abbreviated accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime.
These abbreviated accounts were approved and signed by the director and authorised for issue on 22 March 2016 .
Mr A P Brooker
Company Registration Number: 08115721
50 HIGH ST WEM LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
YEAR ENDED 30th JUNE 2015
1. Accounting Policies
Basis of Accounting
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
The turnover shown in the profit and loss account represents amounts invoiced during the year.
Fixed Assets
All fixed assets are initially recorded at cost.
Financial Instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.
2. Fixed Assets
Tangible Assets
£
Cost
At 1st July 2014 and 30th June 2015
6,390
-------
Depreciation
-------
Net Book Value
At 30th June 2015
6,390
-------
At 30th June 2014
6,390
-------
3. Share Capital
Allotted, called up and fully paid:
2015
2014
No
£
No
£
Ordinary shares of £ 1 each
8
8
8
8
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8
8
8
8
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