Abbreviated Company Accounts - WIGRAM & WARE,LIMITED

WIGRAM & WARE,LIMITED - Company Information

00163278 WIGRAM & WARE,LIMITED 2015-12-31 false 2015-01-01 2015-12-31 true 00163278 2015-01-01 2015-12-31 00163278 2015-12-31 00163278 2014-12-31 00163278 uk-gaap-cd-bus:Director1 2015-01-01 2015-12-31 00163278 uk-gaap-cd-bus:Director2 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 iso4217:GBP shares

Registered Number 00163278

WIGRAM & WARE,LIMITED

Abbreviated Accounts

31 December 2015

WIGRAM & WARE,LIMITED Registered Number 00163278

Abbreviated Balance Sheet as at 31 December 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	275,629	293,256
		275,629	293,256
Current assets
Stocks		50,802	50,042
Debtors		8,811	10,253
Cash at bank and in hand		34,970	37,087
		94,583	97,382
Creditors: amounts falling due within one year		(62,340)	(72,213)
Net current assets (liabilities)		32,243	25,169
Total assets less current liabilities		307,872	318,425
Creditors: amounts falling due after more than one year		(104,419)	(110,215)
Provisions for liabilities		(4,250)	(6,500)
Total net assets (liabilities)		199,203	201,710
Capital and reserves
Called up share capital	3	2,000	2,000
Revaluation reserve		29,787	29,787
Profit and loss account		167,416	169,923
Shareholders' funds		199,203	201,710

For the year ending 31 December 2015 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 27 September 2016

And signed on their behalf by:
Mr K L Smith, Director

WIGRAM & WARE,LIMITED Registered Number 00163278

Notes to the Abbreviated Accounts for the period ended 31 December 2015

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 total invoice value, excluding value added tax, of sales made during the year.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost or valuation less residual value of each asset over its expected useful life, as follows:

Land and buildings - included at valuation
Other tangible assets - 20% reducing balance

Other accounting policies
Leasing
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 January 2015	582,011
Additions	4,393
Disposals	(59,837)
Revaluations	-
Transfers	-
At 31 December 2015	526,567
Depreciation
At 1 January 2015	288,755
Charge for the year	7,731
On disposals	(45,548)
At 31 December 2015	250,938
Net book values
At 31 December 2015	275,629
At 31 December 2014	293,256

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

	2015 £	2014 £
2,000 Ordinary shares of £1 each	2,000	2,000