Abbreviated Company Accounts - WFO PRESS LIMITED

04129594 WFO PRESS LIMITED 2014-06-30 false 2013-07-01 2014-06-30 true 04129594 2013-07-01 2014-06-30 04129594 2014-06-30 04129594 2013-06-30 04129594 uk-gaap-cd-bus:Director1 2013-07-01 2014-06-30 04129594 uk-gaap-cd-bus:Director2 2013-07-01 2014-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-07-01 2014-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-06-30 iso4217:GBP shares

Registered Number 04129594

WFO PRESS LIMITED

Abbreviated Accounts

30 June 2014

WFO PRESS LIMITED Registered Number 04129594

Abbreviated Balance Sheet as at 30 June 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	112,640	135,059
		112,640	135,059
Current assets
Stocks		100	1,800
Debtors		58,960	72,563
Cash at bank and in hand		63,472	60,941
		122,532	135,304
Creditors: amounts falling due within one year		(92,844)	(56,897)
Net current assets (liabilities)		29,688	78,407
Total assets less current liabilities		142,328	213,466
Creditors: amounts falling due after more than one year		(991)	(12,876)
Provisions for liabilities		(5,920)	(7,500)
Total net assets (liabilities)		135,417	193,090
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		135,317	192,990
Shareholders' funds		135,417	193,090

For the year ending 30 June 2014 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.

Approved by the Board on 27 February 2015

And signed on their behalf by:
A FRITH, Director

WFO PRESS LIMITED Registered Number 04129594

Notes to the Abbreviated Accounts for the period ended 30 June 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Freehold Land and buildings No depreciation
Plant and machinery 25% Reducing balance
Computer equipment 20% Straight line
Fixtures, fittings & equipment 20% Reducing balance
Motor vehicles 25% Reducing balance

Other accounting policies
Stock and work in progress
Stock and work in progress are valued at the lower of cost and net realisable value.

Deferred taxation
Deferred taxation is provided at appropriate rates on all timing differences using the liability method only to the extent that, in the opinion of the directors, there is a reasonable probability that a liability or asset will crystallise in the foreseeable future.

2Tangible fixed assets

	£
Cost
At 1 July 2013	321,890
Additions	14,061
Disposals	(24,752)
Revaluations	-
Transfers	-
At 30 June 2014	311,199
Depreciation
At 1 July 2013	186,831
Charge for the year	17,916
On disposals	(6,188)
At 30 June 2014	198,559
Net book values
At 30 June 2014	112,640
At 30 June 2013	135,059

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
100 Ordinary shares of £1 each	100	100