Registered Number 04705443

ABERCONWY WEB SOLUTIONS LTD

Abbreviated Accounts

31 March 2016

ABERCONWY WEB SOLUTIONS LTD Registered Number 04705443

Abbreviated Balance Sheet as at 31 March 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 1,325 1,767
1,325 1,767
Current assets
Debtors 387 568
Cash at bank and in hand 36,513 40,532
36,900 41,100
Net current assets (liabilities) 36,900 41,100
Total assets less current liabilities 38,225 42,867
Creditors: amounts falling due after more than one year (27,147) (7,404)
Provisions for liabilities (85) (134)
Total net assets (liabilities) 10,993 35,329
Capital and reserves
Called up share capital 3 2 2
Profit and loss account 10,991 35,327
Shareholders' funds 10,993 35,329
  • For the year ending 31 March 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 9 December 2016

And signed on their behalf by:
D Jones, Director

ABERCONWY WEB SOLUTIONS LTD Registered Number 04705443

Notes to the Abbreviated Accounts for the period ended 31 March 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 April 2008.

Turnover policy
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and machinery 25% reducing balance

Other accounting policies
Stocks
Stock is valued at the lower of cost and net realisable value.

Deferred taxation
Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.

2Tangible fixed assets
£
Cost
At 1 April 2015 19,930
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2016 19,930
Depreciation
At 1 April 2015 18,163
Charge for the year 442
On disposals -
At 31 March 2016 18,605
Net book values
At 31 March 2016 1,325
At 31 March 2015 1,767
3Called Up Share Capital
Allotted, called up and fully paid:
2016
£
2015
£
2 Ordinary shares of £1 each 2 2