00512784 1.4.15 31.3.16 31.3.16 Company accounts Private Limited Company FY true false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure005127842015-03-31005127842016-03-31005127842015-04-012016-03-31005127842014-03-31005127842014-04-012015-03-31005127842015-03-3100512784ns12:England2015-04-012016-03-3100512784ns14:PoundSterling2015-04-012016-03-3100512784ns7:Director12015-04-012016-03-3100512784ns7:OrdinaryShareClass12015-04-012016-03-3100512784ns7:CompanySecretary2015-04-012016-03-3100512784ns7:RegisteredOffice2015-04-012016-03-3100512784ns7:EntityAccountantsOrAuditors2015-04-012016-03-3100512784ns5:LongLeaseholdPropertiesns5:LandBuildings2015-04-012016-03-3100512784ns5:FixturesFittings2015-04-012016-03-3100512784ns5:MotorVehicles2015-04-012016-03-3100512784ns5:ComputerEquipment2015-04-012016-03-3100512784ns7:OrdinaryShareClass12016-03-3100512784ns7:OrdinaryShareClass12015-03-31
REGISTERED NUMBER: 00512784 (England and Wales)












WYATT INTERNATIONAL LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016





WYATT INTERNATIONAL LIMITED (REGISTERED NUMBER: 00512784)






CONTENTS OF THE ABBREVIATED ACCOUNTS
for the Year Ended 31 MARCH 2016




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4
WYATT INTERNATIONAL LIMITED

COMPANY INFORMATION
for the Year Ended 31 MARCH 2016







DIRECTOR: Mrs K A Bernie





SECRETARY: Mr B Barrett





REGISTERED OFFICE: Wyatt House
72 Francis Road
Edgbaston
Birmingham
West Midlands
B16 8SP





REGISTERED NUMBER: 00512784 (England and Wales)





ACCOUNTANTS: Wallace Crooke Walsall Limited
Chartered Accountants
Wallace House
20 Birmingham Road
Walsall
West Midlands
WS1 2LT
WYATT INTERNATIONAL LIMITED (REGISTERED NUMBER: 00512784)

ABBREVIATED BALANCE SHEET
31 MARCH 2016

2016 2015
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 82,490 65,575

CURRENT ASSETS
Stocks 2,225 4,640
Debtors 579,987 580,022
Cash at bank and in hand 710,501 513,856
1,292,713 1,098,518
CREDITORS
Amounts falling due within one year 929,805 725,741
NET CURRENT ASSETS 362,908 372,777
TOTAL ASSETS LESS CURRENT
LIABILITIES

445,398

438,352

CREDITORS
Amounts falling due after more than one
year

26,807

31,295
NET ASSETS 418,591 407,057

CAPITAL AND RESERVES
Called up share capital 3 50,000 50,000
Profit and loss account 368,591 357,057
SHAREHOLDERS' FUNDS 418,591 407,057

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a) ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the
Companies Act 2006 and
(b) preparing financial statements which give a true and fair view of the state of affairs of the company as
at the end of each financial year and of its profit or loss for each financial year in accordance with the
requirements of Sections 394 and 395 and which otherwise comply with the requirements of the
Companies Act 2006 relating to financial statements, so far as applicable to the company.
WYATT INTERNATIONAL LIMITED (REGISTERED NUMBER: 00512784)

ABBREVIATED BALANCE SHEET - continued
31 MARCH 2016


The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


The financial statements were approved by the director on 12 September 2016 and were signed by:





Mrs K A Bernie - Director

WYATT INTERNATIONAL LIMITED (REGISTERED NUMBER: 00512784)

NOTES TO THE ABBREVIATED ACCOUNTS
for the Year Ended 31 MARCH 2016

1. ACCOUNTING POLICIES

Accounting convention
The financial statements have been prepared under the historical cost convention and in accordance
with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover
The turnover shown in the profit and loss account represents amounts invoiced during the year,
exclusive of Value Added Tax.

In respect of long-term contracts and contracts for on-going services, turnover represents the value of
work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term
contracts and contracts for on-going services is recognised by reference to the stage of completion.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Long leasehold - 20% on straight line
Fixtures and fittings - 10% on straight line
Motor vehicles - 25% on reducing balance
Computer & equipment - 33% on straight line

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at
the balance sheet date.

Hire purchase and leasing commitments
Assets held under hire purchase agreements are capitalised and disclosed under tangible fixed assets
at their fair value. The capital element of the future payments is treated as a liability and the interest is
charged to the profit and loss account on a straight line basis.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the
company's pension scheme are charged to the profit and loss account in the period to which they
relate.

Directors pension payments
The pension costs charged in the financial statements represent the contributions payable by the
company during the year to the Wyatt Advertising Directors Pension Scheme of which the directors
are trustees and members of the scheme.

It is independently administered by Rowanmoor Trustees Limited. The scheme operates on the
money purchase principle which ensures that the liabilities to its members cannot exceed its net
assets.
WYATT INTERNATIONAL LIMITED (REGISTERED NUMBER: 00512784)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
for the Year Ended 31 MARCH 2016

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 April 2015 248,661
Additions 45,542
At 31 March 2016 294,203
DEPRECIATION
At 1 April 2015 183,086
Charge for year 28,627
At 31 March 2016 211,713
NET BOOK VALUE
At 31 March 2016 82,490
At 31 March 2015 65,575

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2016 2015
value: £    £   
50,000 Ordinary £1 50,000 50,000

Options

Monitor

  • Receive an alert email on changes to financial status
  • Early indications of liquidity problems
  • Warns when company reporting is overdue
  • Free service, no spam emails
Monitor Now

Please Help Us!

Was this document useful to you? Please Like our page. The more Likes we get, the more documents we can supply you free. Thanks.