ZOWTA_LIMITED - Accounts
ZOWTA_LIMITED - Accounts
Company Registration No. 07058157 (England and Wales)
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2016
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
ABBREVIATED BALANCE SHEET
AS AT
31 DECEMBER 2016
- 1 -
2016
2015
Notes
£
£
£
£
Fixed assets
Tangible assets
2
Current assets
Debtors
Cash at bank and in hand
Creditors: amounts falling due within one year
3
(37,326 )
(67,792 )
Net current liabilities/(assets)
(13,724 )
Total assets less current liabilities
(4,259 )
Capital and reserves
Called up share capital
4
Profit and loss account
(4,359 )
Shareholders' funds
(4,259 )
Directors' responsibilities:
-
-
Approved by the Board for issue on 25 July 2017
Director
Company Registration No. 07058157
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE PERIOD ENDED 31 DECEMBER 2016
- 2 -
1
Accounting policies
1.1
Accounting convention
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
1.4
Tangible fixed assets and depreciation
Fixtures, fittings & equipment
1.5
Foreign currency translation
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All differences are taken to profit and loss account.
2
Fixed assets
Tangible assets
£
Cost
At 1 November 2015 & at 31 December 2016
38,853
Depreciation
At 1 November 2015
25,487
Charge for the period
3,901
At 31 December 2016
29,388
Net book value
At 31 December 2016
9,465
At 31 October 2015
13,366
3
Creditors: amounts falling due within one year
The aggregate amount of creditors for which security has been given amounted to £4,062 (2015 - £353).
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE PERIOD ENDED 31 DECEMBER 2016
- 3 -
4
Share capital
2016
2015
£
£
Allotted, called up and fully paid