Abbreviated Company Accounts - WORKHEATH HEAT TREATMENT LTD

Abbreviated Company Accounts - WORKHEATH HEAT TREATMENT LTD


Registered Number 04541312

WORKHEATH HEAT TREATMENT LTD

Abbreviated Accounts

30 November 2016

WORKHEATH HEAT TREATMENT LTD Registered Number 04541312

Abbreviated Balance Sheet as at 30 November 2016

Notes 2016 2015
£ £
Fixed assets
Intangible assets 2 24,000 27,000
Tangible assets 3 92,323 129,426
116,323 156,426
Current assets
Stocks 3,800 4,200
Debtors 208,116 168,134
Cash at bank and in hand 39,892 25,969
251,808 198,303
Creditors: amounts falling due within one year 4 (206,054) (209,569)
Net current assets (liabilities) 45,754 (11,266)
Total assets less current liabilities 162,077 145,160
Creditors: amounts falling due after more than one year 4 (53,033) (75,103)
Provisions for liabilities (13,035) (14,733)
Total net assets (liabilities) 96,009 55,324
Capital and reserves
Called up share capital 5 100 100
Share premium account 24,970 24,970
Profit and loss account 70,939 30,254
Shareholders' funds 96,009 55,324
  • 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 12 May 2017

And signed on their behalf by:
MA MIRZA, Director

WORKHEATH HEAT TREATMENT LTD Registered Number 04541312

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

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective January 2015.

Turnover policy
Turnover represents the value of goods and services supplied to customers during the year

Tangible assets depreciation policy
Depreciation has been provided as follows:-
Plant & Vehicles- 25% per annum of net book amount
Computer equipment - 33.3% per annum of net book amount

Intangible assets amortisation policy
Goodwill has been amortised at a rate of 10% of cost per annum

2Intangible fixed assets
£
Cost
At 1 December 2015 69,000
Additions -
Disposals -
Revaluations -
Transfers -
At 30 November 2016 69,000
Amortisation
At 1 December 2015 42,000
Charge for the year 3,000
On disposals -
At 30 November 2016 45,000
Net book values
At 30 November 2016 24,000
At 30 November 2015 27,000
3Tangible fixed assets
£
Cost
At 1 December 2015 498,693
Additions 2,144
Disposals (44,594)
Revaluations -
Transfers -
At 30 November 2016 456,243
Depreciation
At 1 December 2015 369,267
Charge for the year 31,015
On disposals (36,362)
At 30 November 2016 363,920
Net book values
At 30 November 2016 92,323
At 30 November 2015 129,426

Assets held under HP contracts amount to £43,035 (2015 £57,379)

4Creditors
2016
£
2015
£
Secured Debts 109,071 139,741
5Called Up Share Capital
Allotted, called up and fully paid:
2016
£
2015
£
70A Ordinary shares of £1 each 70 70
30B Ordinary shares of £1 each 30 30