Wentworth Arts, Crafts And Antiques Limi - Abbreviated accounts 16.3

REGISTERED NUMBER: 03748541 (England and Wales)

Abbreviated Unaudited Accounts

for the Period 1 September 2015 to 31 October 2016

for

Wentworth Arts, Crafts And Antiques

Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

L A Atkinson

Mrs J Sweeting

SECRETARY:

Mrs J Sweeting

REGISTERED OFFICE:

The Old Builders Yard

Corworth Lane

Wentworth

Rotherham

S62 7SB

REGISTERED NUMBER:

03748541 (England and Wales)

ACCOUNTANTS:

Parkins Accountants Ltd

T/A, Parkins, Chartered Accountants

Moor Park House

Bawtry Rd

Wickersley

Rotherham

South Yorkshire

S66 2BL

FIXED ASSETS

Tangible assets

2

125

165

CURRENT ASSETS

Debtors

3

21,914

26,561

Cash at bank and in hand

23,085

5,246

44,999

31,807

CREDITORS

Amounts falling due within one year

5,315

2,977

NET CURRENT ASSETS

39,684

28,830

TOTAL ASSETS LESS CURRENT LIABILITIES

39,809

28,995

CAPITAL AND RESERVES

Called up share capital

4

20,000

20,000

Share premium

20,000

20,000

Profit and loss account

(191

)

(11,005

)

SHAREHOLDERS' FUNDS

39,809

28,995

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 October 2016.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 October 2016 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 July 2017 and were signed on its behalf by:

Mrs J Sweeting - Director

L A Atkinson - Director

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).

Turnover

Turnover represents net invoiced sales of services, 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.

Fixtures and fittings

-

25% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2015

and 31 October 2016

13,603

DEPRECIATION

At 1 September 2015

13,438

Charge for period

40

At 31 October 2016

13,478

NET BOOK VALUE

At 31 October 2016

125

At 31 August 2015

165

3.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

The aggregate total of debtors falling due after more than one year is £ 1,106 (2015 - £ 1,106 )

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

20,000

Ordinary

1

20,000

20,000