Komo Forestry (West Midlands) Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 08649315 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD

13TH AUGUST 2013 TO 31ST AUGUST 2014

FOR

KOMO FORESTRY (WEST MIDLANDS) LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mr G Oakley

SECRETARY:

Mrs S J Oakley

REGISTERED OFFICE:

12 Johnson Street

Woodcross

Coseley

Bilston

West Midlands

WV14 9RL

REGISTERED NUMBER:

08649315 (England and Wales)

ACCOUNTANTS:

Guy & Co Chartered Certified Accountants

12 Johnson Street

Woodcross

Coseley

West Midlands

WV14 9RL

FIXED ASSETS

Tangible assets

2

12,792

CURRENT ASSETS

Cash at bank and in hand

8,783

CREDITORS

Amounts falling due within one year

14,551

NET CURRENT LIABILITIES

(5,768

)

TOTAL ASSETS LESS CURRENT LIABILITIES

7,024

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

7,022

SHAREHOLDERS' FUNDS

7,024

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31st August 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 12th August 2015 and were signed by:

Mr G Oakley - 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

-

15% 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

Additions

13,770

At 31st August 2014

13,770

DEPRECIATION

Charge for period

978

At 31st August 2014

978

NET BOOK VALUE

At 31st August 2014

12,792

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

2

Ordinary

1

2