Accounts filed on 31-03-2016


MERCHANT WHITEWATER LIMITED

Company Registration Number:
01708344 (England and Wales)

Abbreviated (Unaudited) Accounts

Period of accounts

Start date: 01 April 2015

End date: 31 March 2016

MERCHANT WHITEWATER LIMITED

Abbreviated Balance sheet

As at 31 March 2016


Notes

2016
£

2015
£
Fixed assets
Total fixed assets: 0 0
Current assets
Debtors: 2 31,099 24,099
Cash at bank and in hand: 14 7,016
Total current assets: 31,113 31,115
Creditors: amounts falling due within one year: 3 ( 35,181 ) ( 35,168 )
Net current assets (liabilities): ( 4,068 ) ( 4,053 )
Total assets less current liabilities: ( 4,068 ) ( 4,053 )
Creditors: amounts falling due after more than one year: 4 ( 48,000 ) ( 48,000 )
Total net assets (liabilities): ( 52,068 ) ( 52,053 )

The notes form part of these financial statements

MERCHANT WHITEWATER LIMITED

Balance sheet continued

As at 31 March 2016


Notes

2016
£

2015
£
Capital and reserves
Called up share capital: 5 100 100
Profit and loss account: ( 52,168 ) ( 52,153 )
Shareholders funds: ( 52,068 ) ( 52,053 )

For the year ending 31 March 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 and in accordance with the Financial Reporting Standard for Smaller Entities 2015.

The financial statements were approved by the Board of Directors on 14 December 2016

SIGNED ON BEHALF OF THE BOARD BY:

Name: Nigel Whiteley
Status: Director

The notes form part of these financial statements

MERCHANT WHITEWATER LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 March 2016

  • 1. Accounting policies

    Basis of measurement and preparation of accounts

    The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities 2015.

    Turnover policy

    The turnover represents amounts receivable for goods and services net of VAT and trade discounts.

    Valuation information and policy

    Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and overheads.

MERCHANT WHITEWATER LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 March 2016

  • 2. Debtors


    2016
    £

    2015
    £
    Trade debtors: 0 0
    Other debtors: 31,099 24,099
    Total: 31,099 24,099

MERCHANT WHITEWATER LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 March 2016

  • 3. Creditors: amounts falling due within one year


    2016
    £

    2015
    £
    Other creditors: 35,181 35,168
    Total: 35,181 35,168

MERCHANT WHITEWATER LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 March 2016

  • 4. Creditors: amounts falling due after more than one year


    2016
    £

    2015
    £
    Other creditors: 48,000 48,000
    Total: 48,000 48,000

    The director's loan of £48,000 (2015: £48,000) from N Whiteley is unsecured, interest free and has no fixed terms of repayment.

MERCHANT WHITEWATER LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 March 2016

  • 5. Called up share capital

    Allotted, called up and paid

    Previous period
    2015
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 10,000 0.01 100
    Preference shares: 0
    Total share capital (£): 100
    Current period
    2016
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 10,000 0.01 100
    Preference shares: 0
    Total share capital (£): 100