Abbreviated Company Accounts - WYMONDHAM FREIGHT SERVICES LIMITED

WYMONDHAM FREIGHT SERVICES LIMITED - Company Information

03491390 WYMONDHAM FREIGHT SERVICES LIMITED 2016-01-31 false 2015-02-01 2016-01-31 true 03491390 2015-02-01 2016-01-31 03491390 2016-01-31 03491390 2015-01-31 03491390 uk-gaap-cd-bus:Director1 2015-02-01 2016-01-31 03491390 uk-gaap-cd-bus:Director2 2015-02-01 2016-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-02-01 2016-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-01-31 iso4217:GBP shares

Registered Number 03491390

WYMONDHAM FREIGHT SERVICES LIMITED

Abbreviated Accounts

31 January 2016

WYMONDHAM FREIGHT SERVICES LIMITED Registered Number 03491390

Abbreviated Balance Sheet as at 31 January 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	142,742	177,299
		142,742	177,299
Current assets
Debtors		110,138	184,245
Cash at bank and in hand		257,610	162,715
		367,748	346,960
Creditors: amounts falling due within one year		(172,644)	(205,779)
Net current assets (liabilities)		195,104	141,181
Total assets less current liabilities		337,846	318,480
Creditors: amounts falling due after more than one year		-	(2,067)
Provisions for liabilities		(1,004)	(6,600)
Total net assets (liabilities)		336,842	309,813
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		336,742	309,713
Shareholders' funds		336,842	309,813

For the year ending 31 January 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 21 June 2016

And signed on their behalf by:
A Howard, Director

WYMONDHAM FREIGHT SERVICES LIMITED Registered Number 03491390

Notes to the Abbreviated Accounts for the period ended 31 January 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the value of services provided to the extent that there is a right to consideration and is recorded at the value of the consideration due.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
Land and buildings - Straight line over 50 years
Plant and machinery - 25% Reducing balance method
Fixtures, fittings
and equipment - 15% Reducing balance method
Motor vehicles - 15% Reducing balance method

Other accounting policies
Leasing and hire purchase commitments
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible assets and depreciated over the shorter of the lease term and their useful lives. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce constant periodic rates of charge on the net obligations outstanding in each period.
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

Pensions
The pension costs charged in the financial statements represent the contribution payable by the
company during the year.

2Tangible fixed assets

	£
Cost
At 1 February 2015	251,465
Additions	20,419
Disposals	(77,823)
Revaluations	-
Transfers	-
At 31 January 2016	194,061
Depreciation
At 1 February 2015	74,166
Charge for the year	4,484
On disposals	(27,331)
At 31 January 2016	51,319
Net book values
At 31 January 2016	142,742
At 31 January 2015	177,299

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
100 Ordinary shares of £1 each	100	100