Wear and Tear Roofing Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 08035209 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 July 2014

for

Wear and Tear Roofing Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mr M A Davies

Mr N Smith

Ms C E Simmons

SECRETARY:

Mr N Smith

REGISTERED OFFICE:

Kingswood House

South Road

Kingswood

Bristol

BS15 8JF

REGISTERED NUMBER:

08035209 (England and Wales)

ACCOUNTANTS:

Norton Tax Shops Limited

3 & 5 Station Road

Keynsham

Bristol

BS31 2BH

FIXED ASSETS

Tangible assets

2

23,319

11,847

CURRENT ASSETS

Debtors

26,644

13,398

Cash at bank

19,753

16,728

46,397

30,126

CREDITORS

Amounts falling due within one year

43,976

33,015

NET CURRENT ASSETS/(LIABILITIES)

2,421

(2,889

)

TOTAL ASSETS LESS CURRENT LIABILITIES

25,740

8,958

CREDITORS

Amounts falling due after more than one year

5,973

-

NET ASSETS

19,767

8,958

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

19,667

8,858

SHAREHOLDERS' FUNDS

19,767

8,958

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2014 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 3 October 2014 and were signed on its behalf by:

Mr M A Davies - Director

Mr N Smith - Director

Ms C E Simmons - Director

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 April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

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

Plant and machinery etc

-

25% on reducing balance

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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 August 2013

15,796

Additions

19,244

At 31 July 2014

35,040

DEPRECIATION

At 1 August 2013

3,949

Charge for year

7,772

At 31 July 2014

11,721

NET BOOK VALUE

At 31 July 2014

23,319

At 31 July 2013

11,847

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.14

31.7.13

value:

£

£

100

Ordinary

£1

100

100