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WILLS INNOVATIONS LTD




Company Registration Number:
05714924 (England and Wales)



Abbreviated (Unaudited) Accounts



Period of accounts


Start date: 01st March 2009

End date: 28th February 2010

SUBMITTED

WILLS INNOVATIONS LTD

Company Information
for the Period Ended
28th February 2010




Director: Mark Wills
Company secretary: Christopher Wills
Registered office: Swan Thatch, Seavington St
Michael, Ilminster
Somerset
TA19 0QE
Company Registration Number: 05714924 (England and Wales)

WILLS INNOVATIONS LTD

Abbreviated Balance sheet
As at 28th February 2010

Notes 2010
£
2009
£
Fixed assets
Intangible assets: 0 0
Tangible assets: 0 0
Total fixed assets: 0 0
Current assets
Stocks: 0 0
Debtors: 0 0
Cash at bank and in hand: 0 100
Total current assets: 0 100
Creditors
Creditors: amounts falling due within one year 143 0
Net current assets (liabilities): ( 143 ) 100
Total assets less current liabilities: ( 143 ) 100
Creditors: amounts falling due after more than one year: 0 0
Provision for liabilities: 0 .0
Total net assets (liabilities): ( 143 ) 100

The notes form part of these financial statements

WILLS INNOVATIONS LTD

Abbreviated Balance sheet
As at 28th February 2010
continued

Notes 2010
£
2009
£
Capital and reserves
Called up share capital: 2 100 100
Revaluation reserve: 0 0
Profit and Loss account: ( 243 ) 0
Total shareholders funds: ( 143 ) 100

For the year ending 28 February 2010 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors on 13 November 2010

SIGNED ON BEHALF OF THE BOARD BY:

Name: Mark Wills
Status: Director

The notes form part of these financial statements

WILLS INNOVATIONS LTD

Notes to the Abbreviated Accounts
for the Period Ended
28th February 2010

  • 1. Accounting policies

    Basis of measurement and preparation of accounts

    The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008)

    Turnover policy

    The turnover shown in the profit and loss account represents revenue lost during the period. Due to its size the company is not VAT registered and there VAT was paid on 'Cost of Sales' and not charged on Sales

    Tangible fixed assets depreciation policy

    N/A, the company provides services and does not have any assets.

    Intangible fixed assets amortisation policy

    N/A, the company provides services and does not have any assets.

    Valuation information and policy

    The company does not hold any stock or Work-In-Progress.

  • 2. Called up share capital

    Allotted, called up and paid

    Previous period 2009
    Class Number of shares Nominal value per share Total
    Ordinary shares: 100 1 100
    Total share capital: 100
    Current period 2010
    Class Number of shares Nominal value per share Total
    Ordinary shares: 100 1 100
    Total share capital: 100

    No additional Ordinary shares or Preference shares were called up in the 2009 or 2010 accounting periods.