WILSONJONES CATERING LIMITED - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 05580495

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2014

FOR

WILSONJONES CATERING LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

D Agar

K S Bhari

SECRETARY:

L Kemp

REGISTERED OFFICE:

35 Coombe Road

Kingston Upon Thames

SURREY

KT2 7BA

REGISTERED NUMBER:

05580495

ACCOUNTANTS:

K S Goring & Co

35 Coombe Road

Kingston Upon Thames

SURREY

KT2 7BA

FIXED ASSETS

Tangible assets

2

173,508

274,610

CURRENT ASSETS

Stocks

93,039

116,587

Debtors

949,533

982,404

Prepayments and accrued income

-

3,182

Cash at bank and in hand

60,488

90,843

1,103,060

1,193,016

CREDITORS

Amounts falling due within one year

873,965

1,401,952

NET CURRENT ASSETS/(LIABILITIES)

229,095

(208,936

)

TOTAL ASSETS LESS CURRENT LIABILITIES

402,603

65,674

CREDITORS

Amounts falling due after more than one year

14,763

31,834

NET ASSETS

387,840

33,840

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

387,740

33,740

SHAREHOLDERS' FUNDS

387,840

33,840

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 27 March 2015 and were signed on its behalf by:

D Agar - 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 to third parties, excluding value added tax. Turnover recognition is on a

cash and credit basis dependant on the contract type

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

over the period duration of contracts and Straight line between 3 & 5 years

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held

under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases

are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The

capital element of the future payments is treated as a liability.

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 Stakeholders pension scheme. Contribution payable to the scheme are charged to the

profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2014

1,000,306

Additions

9,298

At 31 December 2014

1,009,604

DEPRECIATION

At 1 January 2014

725,696

Charge for year

110,400

At 31 December 2014

836,096

NET BOOK VALUE

At 31 December 2014

173,508

At 31 December 2013

274,610

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

100

Ordinary Shares

£1

100

100