| Aberconwy Web Solutions Ltd |
| Registered number: |
04705443 |
| Balance Sheet |
| as at 31 March 2017 |
|
| Notes |
|
|
2017 |
|
|
2016 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
994 |
|
|
1,325 |
|
| Current assets |
| Debtors |
4 |
|
636 |
|
|
387 |
| Cash at bank and in hand |
|
|
16,649 |
|
|
36,513 |
|
|
|
17,285 |
|
|
36,900 |
|
| Creditors: amounts falling due within one year |
5 |
|
(17,771) |
|
|
(27,147) |
|
| Net current (liabilities)/assets |
|
|
|
(486) |
|
|
9,753 |
|
| Total assets less current liabilities |
|
|
|
508 |
|
|
11,078 |
|
|
| Provisions for liabilities |
|
|
|
(49) |
|
|
(85) |
|
|
| Net assets |
|
|
|
459 |
|
|
10,993 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
2 |
|
|
2 |
| Profit and loss account |
|
|
|
457 |
|
|
10,991 |
|
| Shareholders' funds |
|
|
|
459 |
|
|
10,993 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| D Jones |
| Director |
| Approved by the board on 19 December 2017 |
|
| Aberconwy Web Solutions Ltd |
| Notes to the Accounts |
| for the year ended 31 March 2017 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover represents the amounts (excluding value added tax) derived from the provision of goods and services to customers during the year. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the costs, less estimated residual value, of each asset over its expected useful life. The methods and applicable rates are: |
|
|
Plant and machinery |
25% per annum of net book value |
|
|
Stocks |
|
Stocks are stated at the lower of cost, using the first in first out method, and selling price less costs to complete and sell. |
|
|
Deferred Taxation |
|
Full provision is made for deferred tax assets and liabilities arising from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. |
|
|
| 2 |
Employees |
2017 |
|
2016 |
| Number |
Number |
|
|
Average number of persons employed by the company |
2 |
|
2 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Plant and machinery etc |
| £ |
|
Cost |
|
At 1 April 2016 |
19,930 |
|
At 31 March 2017 |
19,930 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 April 2016 |
18,605 |
|
Charge for the year |
331 |
|
At 31 March 2017 |
18,936 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2017 |
994 |
|
At 31 March 2016 |
1,325 |
|
|
| 4 |
Debtors |
2017 |
|
2016 |
| £ |
£ |
|
|
Trade debtors |
279 |
|
170 |
|
Other debtors |
357 |
|
217 |
|
|
|
|
|
|
636 |
|
387 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2017 |
|
2016 |
| £ |
£ |
|
|
Other taxes and social security costs |
- |
|
(4) |
|
Other creditors |
17,771 |
|
27,151 |
|
|
|
|
|
|
17,771 |
|
27,147 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Related party transactions |
|
|
The directors have made equal interest free loans to the company which total £16,991 as at the year end.
The directors received dividends of £5,000 each. |
|
|
| 7 |
Controlling party |
|
|
The company is controlled by the directors with no individual director having overall control. |
|
|
| 8 |
Other information |
|
|
Aberconwy Web Solutions Ltd is a private company limited by shares and incorporated in England and Wales. The registered office is: |
|
Garthmyn Ganol |
|
Maenan |
|
Near Llanrwst |
|
Conwy |
|
LL26 0UF |