Abbreviated Company Accounts - WILLARD ASSOCIATES LIMITED

WILLARD ASSOCIATES LIMITED - Company Information

Registered Number 09294446

WILLARD ASSOCIATES LIMITED

Abbreviated Accounts

30 November 2016

WILLARD ASSOCIATES LIMITED Registered Number 09294446

Abbreviated Balance Sheet as at 30 November 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	94	187
		94	187
Current assets
Debtors		10,058	8,724
Cash at bank and in hand		62,448	17,685
		72,506	26,409
Creditors: amounts falling due within one year		(43,341)	(26,548)
Net current assets (liabilities)		29,165	(139)
Total assets less current liabilities		29,259	48
Total net assets (liabilities)		29,259	48
Capital and reserves
Called up share capital		1	1
Profit and loss account		29,258	47
Shareholders' funds		29,259	48

For the year ending 30 November 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 11 January 2017

And signed on their behalf by:
Ms K J Willard, Director

WILLARD ASSOCIATES LIMITED Registered Number 09294446

Notes to the Abbreviated Accounts for the period ended 30 November 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

Turnover policy
Turnover represents amounts receivable for goods and services net of VAT.

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

Fixtures, fittings & equipment 33% straight line

Other accounting policies
The company operates a defined contribution scheme for the benefit of its employees, Contributions payable are charged to the profit and loss account in the year they are payable.

2Tangible fixed assets

	£
Cost
At 1 December 2015	280
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 November 2016	280
Depreciation
At 1 December 2015	93
Charge for the year	93
On disposals	-
At 30 November 2016	186
Net book values
At 30 November 2016	94
At 30 November 2015	187