Winstone Properties Limited
Company No. 03821940
ABBREVIATED ACCOUNTS
for the year ended 31st August 2014
Winstone Properties Limited
Company No. 03821940
ABBREVIATED BALANCE SHEET
as at 31st August 2014
| 2013 |
| Note | £ | | £ | | £ |
| FIXED ASSETS |
| Intangible assets | | | | - | | - |
| Tangible assets | | | | 1023328 | | 889791 |
| Investments | | | | - | | - |
| | | | 1023328 | | 889791 |
| CURRENT ASSETS |
| Stocks | | 811142 | | | | 671142 |
| Debtors | | - | | | | 67397 |
| Investments held as current assets | | - | | | | - |
| Cash at bank and in hand | | 87027 | | | | 40235 |
| | 898169 | | | | 778774 |
| Creditors: amounts falling due |
| within one year | | 104156 | | | | 66904 |
| NET CURRENT ASSETS | | | | 794013 | | 711870 |
| TOTAL ASSETS LESS CURRENT LIABILITIES | | | | 1817341 | | 1601661 |
| |
| Creditors: amounts falling due |
| after more than one year | | | | 1695005 | | 1555005 |
| |
| Provisions for liabilities and charges | | | | - | | - |
|
| | | | 122336 | | 46656 |
| CAPITAL AND RESERVES |
|
| Called up share capital | | | | 1000 | | 2 |
| Share premium account | | | | - | | - |
| Revaluation reserve | | | | 184283 | | 50746 |
| Other reserves | | | | - | | - |
| Profit and loss account | | | | (62947) | | (4092) |
|
| SHAREHOLDERS FUNDS | | | | 122336 | | 46656 |
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies which are subject to the small companies' regime.
For the year ended 31st August 2014 the Company is entitled to the exemption from the requirement to obtain an audit conferred by section 477 of the Companies Act 2006 and the members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
Approved by the Board on 6 February 2015
D W Sturdee
Director
Winstone Properties Limited
NOTES TO THE ABBREVIATED ACCOUNTS
for the year ended 31st August 2014
1 Accounting Policies
The accounts have been prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards.
Turnover
Turnover represents the invoiced value of goods and services supplied by the Company, net of value added tax and trade discounts.
Stocks
Stock is valued at the lower of cost and net realisable value.
