Wideformat Solutions Limited - Limited company - abbreviated - 11.6

Wideformat Solutions Limited - Limited company - abbreviated - 11.6


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REGISTERED NUMBER: 07027179 (England and Wales)















ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 31ST OCTOBER 2014

FOR

WIDEFORMAT SOLUTIONS LIMITED

WIDEFORMAT SOLUTIONS LIMITED (REGISTERED NUMBER: 07027179)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31ST OCTOBER 2014




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

WIDEFORMAT SOLUTIONS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST OCTOBER 2014







DIRECTOR: N R Cross





REGISTERED OFFICE: Unit 2, Mount Road
Burntwood
Staffordshire
WS7 0AJ





REGISTERED NUMBER: 07027179 (England and Wales)

WIDEFORMAT SOLUTIONS LIMITED (REGISTERED NUMBER: 07027179)

ABBREVIATED BALANCE SHEET
31ST OCTOBER 2014

2014 2013
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 16,786 11,103

CURRENT ASSETS
Stocks 46,850 52,888
Debtors 24,369 34,849
Cash at bank 26,690 34,572
97,909 122,309
CREDITORS
Amounts falling due within one year 87,874 106,696
NET CURRENT ASSETS 10,035 15,613
TOTAL ASSETS LESS CURRENT
LIABILITIES

26,821

26,716

PROVISIONS FOR LIABILITIES 3,005 1,790
NET ASSETS 23,816 24,926

CAPITAL AND RESERVES
Called up share capital 3 3 3
Profit and loss account 23,813 24,923
SHAREHOLDERS' FUNDS 23,816 24,926

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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 28th May 2015 and were signed by:




N R Cross - Director


WIDEFORMAT SOLUTIONS LIMITED (REGISTERED NUMBER: 07027179)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31ST OCTOBER 2014

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 etc - 25% on reducing balance

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. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1st November 2013 18,736
Additions 9,604
At 31st October 2014 28,340
DEPRECIATION
At 1st November 2013 7,633
Charge for year 3,921
At 31st October 2014 11,554
NET BOOK VALUE
At 31st October 2014 16,786
At 31st October 2013 11,103

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2014 2013
value: £    £   
3 Ordinary £1 3 3