Wood Newton Control Systems Limited - Abbreviated accounts 16.1

Wood Newton Control Systems Limited - Abbreviated accounts 16.1

WOOD NEWTON CONTROL SYSTEMS LIMITED - Company Information

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DRAFT
REGISTERED NUMBER: 06661288 (England and Wales)







ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2015

FOR

WOOD NEWTON CONTROL SYSTEMS LIMITED

WOOD NEWTON CONTROL SYSTEMS LIMITED (REGISTERED NUMBER: 06661288)

CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2015

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Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

WOOD NEWTON CONTROL SYSTEMS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2015







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DIRECTORS: J Green
G Hibbard
M Marron
R Simpson





SECRETARY: G Hibbard





REGISTERED OFFICE: Unit 3
Export Drive
Huthwaite
Nottinghamshire
NG17 6AF





REGISTERED NUMBER: 06661288 (England and Wales)





ACCOUNTANTS: Smith Cooper Limited
Chartered Accountants
St Helen's House
King Street
Derby
DE1 3EE
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WOOD NEWTON CONTROL SYSTEMS LIMITED (REGISTERED NUMBER: 06661288)

ABBREVIATED BALANCE SHEET
31 DECEMBER 2015

2015 2014
Notes £    £   
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CURRENT ASSETS
Debtors 29,875 14,531
Cash at bank 4,331 4,158
34,206 18,689
CREDITORS
Amounts falling due within one year 108,810 100,270
NET CURRENT LIABILITIES (74,604 ) (81,581 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
(74,604
)
(81,581
)

CAPITAL AND RESERVES
Called up share capital 3 100 100
Profit and loss account (74,704 ) (81,681 )
SHAREHOLDERS' FUNDS (74,604 ) (81,581 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 31 October 2016 and were signed on its behalf by:





G Hibbard - Director


The notes form part of these abbreviated accounts

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WOOD NEWTON CONTROL SYSTEMS LIMITED (REGISTERED NUMBER: 06661288)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2015

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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 January 2015).

Exemption from preparing a cash flow statement
The financial statements do not include a Cash flow statement because the company, as a small reporting entity is
exempt from the requirement to prepare such a statement under 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 - 25% 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.

Going concern
The balance sheet at the year end shows that liabilities exceed net assets. The directors have agreed to provide
adequate financial support to enable the company to meet its debts as they fall due. On this basis the directors
consider the going concern assumption to be applicable.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 January 2015
and 31 December 2015 860
DEPRECIATION
At 1 January 2015
and 31 December 2015 860
NET BOOK VALUE
At 31 December 2015 -
At 31 December 2014 -

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2015 2014
value: £    £   
100 Ordinary £1 100 100

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