COLIN_GWYN_WILLIAMS_LIMIT - Accounts

COLIN GWYN WILLIAMS LIMITED - Company Information

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Company Registration No. 08100783 (England and Wales)

COLIN GWYN WILLIAMS LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2016

COLIN GWYN WILLIAMS LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

COLIN GWYN WILLIAMS LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 MARCH 2016

- 1 -

2016

2015

Notes

Fixed assets

Investments

28,680

Current assets

Debtors

387,789

320,073

Cash at bank and in hand

387,815

320,073

Creditors: amounts falling due within one year

(121,625)

(115,178)

Net current assets

266,190

204,895

Total assets less current liabilities

266,190

233,575

Capital and reserves

Called up share capital

100

Profit and loss account

266,090

233,475

Shareholders' funds

266,190

233,575

For the financial year ended 31 March 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 22 March 2017

Gwyn Williams

Director

Company Registration No. 08100783

COLIN GWYN WILLIAMS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

- 2 -

Accounting policies

1.1

Accounting convention

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

1.2

Compliance with accounting standards

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).

1.3

Turnover

Turnover represents the share of profits from investment.the share of profits from investment.

1.4

Investments

Fixed asset investments are stated at cost less provision for diminution in value.

Fixed assets

Investments

Cost

At 1 April 2015

28,680

Distributions received

(28,680)

At 31 March 2016

At 31 March 2015

28,680

Holdings of more than 20%

The company holds more than 20% of the share capital of the following companies:

Company

Country of registration or

Shares held

incorporation

Class

Participating interests

Frank Marshall LLP

England

Member

23.00

The aggregate amount of capital and reserves and the results of these undertakings for the last relevant financial year were as follows:

Capital and reserves

Profit/(loss) for the year

2016

Principal activity

Frank Marshall LLP

Auctioneers & Estate Agents

The interest in the LLP business was disposed of on 10 August 2014.

COLIN GWYN WILLIAMS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2016

- 3 -

Share capital

2016

2015

Allotted, called up and fully paid

100 Ordinary of £1 each

100