Registered Number 05118536
WYE MANAGE LIMITED
Abbreviated Accounts
30 November 2015
Notes | 2015 | 2014 | |
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£ | £ | ||
Fixed assets | |||
Intangible assets | 2 |
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Tangible assets | 3 |
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Current assets | |||
Debtors |
|
|
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
( |
( |
|
Net current assets (liabilities) |
( |
( |
|
Total assets less current liabilities |
( |
( |
|
Total net assets (liabilities) |
( |
( |
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Capital and reserves | |||
Called up share capital | 4 |
|
|
Profit and loss account |
( |
( |
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Shareholders' funds |
( |
( |
Approved by the Board on
And signed on their behalf by:
1 Accounting Policies
Basis of measurement and preparation of accounts
Turnover policy
Tangible assets depreciation policy
Plant and machinery - 25% straight line
Motor Vehicles - 25% reducing balance
Other accounting policies
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.
Trust
The Company has created a trust whose beneficiaries will include employees of the Company and their dependants. Assets held under this trust will be controlled by trustees who will be acting independently and entirely at their own discretion.
Where assets are held in the trust and these are considered by the Company to be in respect of services already provided by employees to the Company, the Company will account for the assets of the trust when payment is made to the trust. The value transferred will be changed in the Company's profit and loss account for the year to which it relates.
£ | |
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Cost | |
At 1 December 2014 |
|
Additions |
|
Disposals |
|
Revaluations |
|
Transfers |
|
At 30 November 2015 |
|
Amortisation | |
At 1 December 2014 |
|
Charge for the year |
|
On disposals |
|
At 30 November 2015 |
|
Net book values | |
At 30 November 2015 | 0 |
At 30 November 2014 | 0 |
£ | |
---|---|
Cost | |
At 1 December 2014 |
|
Additions |
|
Disposals |
( |
Revaluations |
|
Transfers |
|
At 30 November 2015 |
|
Depreciation | |
At 1 December 2014 |
|
Charge for the year |
|
On disposals |
( |
At 30 November 2015 |
|
Net book values | |
At 30 November 2015 | 0 |
At 30 November 2014 | 4,798 |