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REGISTERED NUMBER: 03944885 (England and Wales)















ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 29 APRIL 2016

FOR

DAVID WRIGHT ACCOUNTANTS LIMITED
DAVID WRIGHT ACCOUNTANTS LIMITED (REGISTERED NUMBER: 03944885)

CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 29 APRIL 2016










Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4
DAVID WRIGHT ACCOUNTANTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 29 APRIL 2016







DIRECTORS: D J Wright
S A Griffiths





SECRETARY: S A Griffiths





REGISTERED OFFICE: 1st Floor, Nathaniel House
David Street.
Bridgend Industrial Estate
Bridgend
SOUTH WALES
CF31 3SA





REGISTERED NUMBER: 03944885 (England and Wales)





ACCOUNTANTS: DAVID WRIGHT ACCOUNTANTS LIMITED
1st Floor
Nathaniel House
David Street
Bridgend
South Wales
CF31 3SA
DAVID WRIGHT ACCOUNTANTS LIMITED (REGISTERED NUMBER: 03944885)

ABBREVIATED BALANCE SHEET
29 APRIL 2016

29/4/16 29/4/15
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 148,750 170,000
Tangible assets 3 27,808 21,455
Investments 4 4 4
176,562 191,459

CURRENT ASSETS
Stocks 104,081 97,828
Debtors 422,287 415,445
Investments 27,349 27,349
Cash at bank and in hand 1,713 9,626
555,430 550,248
CREDITORS
Amounts falling due within one year 304,046 371,583
NET CURRENT ASSETS 251,384 178,665
TOTAL ASSETS LESS CURRENT
LIABILITIES

427,946

370,124

PROVISIONS FOR LIABILITIES 5,181 3,827
NET ASSETS 422,765 366,297
DAVID WRIGHT ACCOUNTANTS LIMITED (REGISTERED NUMBER: 03944885)

ABBREVIATED BALANCE SHEET - continued
29 APRIL 2016

29/4/16 29/4/15
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 5 2,000 2,000
Capital redemption reserve 1,000 1,000
Profit and loss account 419,765 363,297
SHAREHOLDERS' FUNDS 422,765 366,297

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 April 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 April 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 Board of Directors on 28 April 2017 and were signed on its
behalf by:





D J Wright - Director

DAVID WRIGHT ACCOUNTANTS LIMITED (REGISTERED NUMBER: 03944885)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 29 APRIL 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
Turnover represents net invoiced sales of services, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

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

Land and buildings - in accordance with the property
Plant and machinery etc - 33% on reducing balance and 25% on reducing balance

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due
allowance for obsolete and slow moving items.

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
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis
over the period of the lease.

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.
DAVID WRIGHT ACCOUNTANTS LIMITED (REGISTERED NUMBER: 03944885)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 29 APRIL 2016


2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 30 April 2015
and 29 April 2016 425,000
AMORTISATION
At 30 April 2015 255,000
Amortisation for year 21,250
At 29 April 2016 276,250
NET BOOK VALUE

At 29 April 2016 148,750
At 29 April 2015 170,000

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 30 April 2015 74,100
Additions 15,855
Disposals (24,179 )
At 29 April 2016 65,776
DEPRECIATION
At 30 April 2015 52,645
Charge for year 9,502
Eliminated on disposal (24,179 )
At 29 April 2016 37,968
NET BOOK VALUE
At 29 April 2016 27,808
At 29 April 2015 21,455
DAVID WRIGHT ACCOUNTANTS LIMITED (REGISTERED NUMBER: 03944885)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 29 APRIL 2016


4. FIXED ASSET INVESTMENTS
Investments
other
than
loans
£   
COST
At 30 April 2015
and 29 April 2016 121,500
PROVISIONS
At 30 April 2015
and 29 April 2016 121,496
NET BOOK VALUE
At 29 April 2016 4
At 29 April 2015 4

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 29/4/16 29/4/15
value: £    £   
2,000 Ordinary £1 2,000 2,000

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