Walk with me Limited
|
Registered number: |
08898095
|
Abbreviated Balance Sheet |
as at 29 February 2016
|
|
Notes |
|
|
2016 |
|
|
2015 |
£ |
£ |
Fixed assets |
Tangible assets |
2 |
|
|
4,829 |
|
|
6,439 |
|
Current assets |
Stocks |
|
|
8,044 |
|
|
9,144 |
Debtors |
|
|
- |
|
|
125 |
Cash at bank and in hand |
|
|
264 |
|
|
1,150 |
|
|
|
8,308 |
|
|
10,419 |
|
Creditors: amounts falling due within one year |
|
|
- |
|
|
(154) |
|
Net current assets |
|
|
|
8,308 |
|
|
10,265 |
|
Total assets less current liabilities |
|
|
|
13,137 |
|
|
16,704 |
|
Creditors: amounts falling due after more than one year |
|
|
|
(35,803) |
|
|
(35,282) |
|
|
|
Net liabilities |
|
|
|
(22,666) |
|
|
(18,578) |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
3 |
|
|
10 |
|
|
10 |
Profit and loss account |
|
|
|
(22,676) |
|
|
(18,588) |
|
Shareholders' funds |
|
|
|
(22,666) |
|
|
(18,578) |
|
|
|
|
|
|
|
|
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 in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
|
|
|
|
Mr M Matthewman |
Director |
Approved by the board on 22 November 2016
|
|
Walk with me Limited
|
Notes to the Abbreviated Accounts |
for the year ended 29 February 2016
|
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
|
|
|
Depreciation |
|
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
|
|
|
|
Stocks |
|
Stock is valued at the lower of cost and net realisable value. |
|
|
|
Ceased trading |
|
The accounts have been prepared on the basis the company will cease trading November 16 |
|
|
2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 March 2015 |
8,132 |
|
At 29 February 2016 |
8,132 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 March 2015 |
1,693 |
|
Charge for the year |
1,610 |
|
At 29 February 2016 |
3,303 |
|
|
|
|
|
|
|
|
Net book value |
|
At 29 February 2016 |
4,829 |
|
At 28 February 2015 |
6,439 |
|
|
|
|
|
|
|
|
3 |
Share capital |
Nominal |
|
2016 |
|
2016 |
|
2015 |
value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares
|
£1 each |
|
10 |
|
10 |
|
10 |
|
|
|
|
|
|
|
|
|
Nominal |
Number |
Amount |
value |
£ |
|
Shares issued during the period: |
|
Ordinary shares
|
£1 each |
|
10 |
|
- |
|
|
|
|
|
|
|
|
4 |
Loans to directors |
|
Description and conditions |
B/fwd |
Paid |
Repaid |
C/fwd |
£ |
£ |
£ |
£ |
|
Mr M Matthewman
|
|
Loan from directors
|
35,282 |
|
621 |
|
(100) |
|
35,803 |
|
|
|
35,282 |
|
621 |
|
(100) |
|
35,803 |
|
|
|
|
|
|
|
|
|