Andrew Witkowski Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 07414933 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 October 2014

for

Andrew Witkowski Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

A Witkowski

SECRETARY:

Mrs J C Witkowski

REGISTERED OFFICE:

Crown House

217 Higher Hillgate

Stockport

Cheshire

SK1 3RB

REGISTERED NUMBER:

07414933 (England and Wales)

ACCOUNTANTS:

Brian Gumbley Accountancy Services

Crown House

217 Higher Hillgate

Stockport

Cheshire

SK1 3RB

FIXED ASSETS

Intangible assets

2

2,000

4,000

Tangible assets

3

749

2,374

2,749

6,374

CURRENT ASSETS

Stocks

375

350

Debtors

7,068

-

Cash at bank

1,005

269

8,448

619

CREDITORS

Amounts falling due within one year

5,382

3,113

NET CURRENT ASSETS/(LIABILITIES)

3,066

(2,494

)

TOTAL ASSETS LESS CURRENT LIABILITIES

5,815

3,880

CAPITAL AND RESERVES

Called up share capital

4

1

1

Profit and loss account

5,814

3,879

SHAREHOLDERS' FUNDS

5,815

3,880

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 13 May 2015 and were signed by:

A Witkowski - 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of five years.

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

-

20% on cost

Motor vehicles

-

25% on cost

Computer equipment

-

20% on cost

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.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2013

and 31 October 2014

10,000

AMORTISATION

At 1 November 2013

6,000

Amortisation for year

2,000

At 31 October 2014

8,000

NET BOOK VALUE

At 31 October 2014

2,000

At 31 October 2013

4,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2013

and 31 October 2014

7,249

DEPRECIATION

At 1 November 2013

4,875

Charge for year

1,625

At 31 October 2014

6,500

NET BOOK VALUE

At 31 October 2014

749

At 31 October 2013

2,374

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.14

31.10.13

value:

£

£

1

Ordinary

£1

1

1