For the period ended 30 December 2015
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 09352156
PW Logistics NE Ltd
For the period ended 30 December 2015
1
Accountants' Report
2
Balance Sheet
3 to 4
Notes to the Abbreviated Financial Statements
PW Logistics NE Ltd
Accountants' Report
For the period ended 30 December 2015
As described on the balance sheet you are responsible for the preparation of the financial statements for the period
|
ended
30
December
2015
and you consider that the company is exempt from an audit under the Companies Act
|
2006
.
|
In accordance with your instructions
,
we have compiled these unaudited financial statements in order to assist you
|
to fulfil your statutory responsibilities
,
from the accounting records and information and explanations supplied to us
.
|
Darlington Business Services Ltd
78 Victoria Road
Darlington
Co Durham
DL1 5JG
1 of 4
Notes to the Abbreviated Financial Statements
|
PW Logistics NE Ltd
For the period ended 30 December 2015
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
|
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
|
Proposed dividends are only included as liabilities in the financial statements when their payment has been approved
|
by the shareholders prior to the balance sheet date
.
|
Acquired goodwill is stated at cost less amortisation
.
Amortisation is calculated on a straight line basis over the
|
estimated expected useful economic life of the goodwill of
0
years
.
|
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
|
Plant and Machinery
2
Intangible fixed assets
|
5,000
5,000
1,000
Charge for period
1,000
4,000
5,000
3 of 4
Notes to the Abbreviated Financial Statements
|
PW Logistics NE Ltd
For the period ended 30 December 2015
1,100
1,100
275
Charge for period
275
825
1,100
4 of 4