Registered number: 04510409 | ||||||||
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FOR THE YEAR ENDED 31 DECEMBER 2016 | ||||||||
Prepared By: | ||||||||
Berry Kearsley Stockwell Ltd | ||||||||
Accountants | ||||||||
Sterling House | ||||||||
31-32 High Street | ||||||||
Wellingborough | ||||||||
Northants | ||||||||
NN8 4HL |
We Develop Apps Limited | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31 DECEMBER 2016 | ||||||||
DIRECTORS | ||||||||
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SECRETARY | ||||||||
Ms J Harris | ||||||||
REGISTERED OFFICE | ||||||||
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Northants | ||||||||
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COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 04510409 | ||||||||
ACCOUNTANTS | ||||||||
Berry Kearsley Stockwell Ltd | ||||||||
Accountants | ||||||||
Sterling House | ||||||||
31-32 High Street | ||||||||
Wellingborough | ||||||||
Northants | ||||||||
NN8 4HL |
We Develop Apps Limited | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31 DECEMBER 2016 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Accountants' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
We Develop Apps Limited | ||||||||
BALANCE SHEET AT
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2016 | 2015 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 2 |
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Investment Assets | 3 | 1 | - | |||||||
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CURRENT ASSETS | ||||||||||
Stock | 1,000 | 100 | ||||||||
Debtors | 5 | - | 8,545 | |||||||
Cash at bank and in hand |
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29,377 | 35,298 | |||||||||
CREDITORS: Amounts falling due within one year | 6 | 22,471 | 41,334 | |||||||
NET CURRENT ASSETS / (LIABILITIES) | 6,906 | (6,036) | ||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | 12,685 | 30 | ||||||||
PROVISIONS FOR LIABILITIES AND CHARGES | 8 | 982 | 1,153 | |||||||
NET ASSETS / (LIABILITIES) | 11,703 | (1,123) | ||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 9 | 1 | 1 | |||||||
Profit and loss account | 11,702 | (1,124) | ||||||||
SHAREHOLDERS' FUNDS |
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(1,123) | ||||||||
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The directors have decided not to deliver to the registrar a copy of the company's profit and loss account. | ||||||||||
Approved by the board on
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............................. | ||||||||||
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Director | ||||||||||
We Develop Apps Limited | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31 DECEMBER 2016 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Depreciation | ||||||||
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Equipment | straight line 33% |
1c. Stocks | ||||||||
Stock and work in progress are valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks. |
1d. Investments | ||||||||
Fixed asset investments are shown at cost less amounts written off. | ||||||||
Provisions are made for permanent fluctuations in value. |
2. TANGIBLE FIXED ASSETS | ||||
Equipment | Total | |||
£ | £ | |||
Cost | ||||
At 1 January 2016 | 15,178 | 15,178 | ||
Additions | 2,601 | 2,601 | ||
At 31 December 2016 | 17,779 | 17,779 | ||
Depreciation | ||||
At 1 January 2016 | 9,112 | 9,112 | ||
For the year | 2,889 | 2,889 | ||
At 31 December 2016 | 12,001 | 12,001 | ||
Net Book Amounts | ||||
At 31 December 2016 |
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At 31 December 2015 |
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We Develop Apps Limited | ||||||||
3. INVESTMENT FIXED ASSETS | |||||||||
Listed | |||||||||
Investments | Total | ||||||||
£ | £ | ||||||||
Cost | |||||||||
Additions | 1 | 1 | |||||||
At 31 December 2016 | 1 | 1 | |||||||
Amortisation | |||||||||
Net Book Amounts | |||||||||
At 31 December 2016 | 1 | 1 | |||||||
The fixed asset investment relates to 50% shareholding in Syneye Limited. | |||||||||
Nature of the business: IT consultancy and application development. | |||||||||
Aggregate capital and reserves at 30/09/2016: (£1,629) , Profit for the year: £2,316 |
4. STOCK | 2016 | 2015 | ||||
£ | £ | |||||
Stock comprises: | ||||||
Stock |
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Work in progress |
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5. DEBTORS | 2016 | 2015 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Other debtors | - | 8,545 | ||||||
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6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2016 | 2015 | |||||||
£ | £ | |||||||
UK corporation tax | 5,696 | 5,923 | ||||||
VAT | 4,578 | 535 | ||||||
Directors current account | 11,307 | 34,076 | ||||||
Credit cards | 39 | - | ||||||
Trade creditors | 10 | - | ||||||
Accruals | 841 | 800 | ||||||
22,471 | 41,334 | |||||||
We Develop Apps Limited | ||||||||
7. EMPLOYEES | ||||||
2016 | 2015 | |||||
No. | No. | |||||
Average number of employees | 2 | 2 | ||||
8. PROVISIONS FOR LIABILITIES | 2016 | 2015 | ||||||
£ | £ | |||||||
Deferred taxation | 982 | 1,153 | ||||||
982 | 1,153 | |||||||
9. SHARE CAPITAL | 2016 | 2015 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
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1 | 1 | ||||||
1 | 1 | |||||||
10. CONTROLLING PARTY | ||||||||
The company is controlled by Mr V Harrison. | ||||||||