Westborn Limited - Limited company - abbreviated - 11.6
Westborn Limited - Limited company - abbreviated - 11.6
| REGISTERED NUMBER: |
| Abbreviated Accounts for the Year Ended 30 September 2014 |
| for |
| Westborn Limited |
| Westborn Limited (Registered number: 07023179) |
| Contents of the Abbreviated Accounts |
| for the Year Ended 30 September 2014 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| Westborn Limited |
| Company Information |
| for the Year Ended 30 September 2014 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| Westborn Limited (Registered number: 07023179) |
| Abbreviated Balance Sheet |
| 30 September 2014 |
| 30.9.14 | 30.9.13 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 3 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 4 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| 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 financial statements were approved by the director on |
| Westborn Limited (Registered number: 07023179) |
| Notes to the Abbreviated Accounts |
| for the Year Ended 30 September 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 |
| Plant and machinery etc | - |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow |
| moving items. |
| 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 |
| At 1 October 2013 |
| Additions |
| At 30 September 2014 |
| DEPRECIATION |
| At 1 October 2013 |
| Charge for year |
| At 30 September 2014 |
| NET BOOK VALUE |
| At 30 September 2014 |
| At 30 September 2013 |
| 3. | CREDITORS |
| Creditors include an amount of £ |
| 4. | CALLED UP SHARE CAPITAL |
| Allotted and issued: |
| Number: | Class: | Nominal | 30.9.14 | 30.9.13 |
| value: | £ | £ |
| Share capital 1 | £1 |
| Westborn Limited (Registered number: 07023179) |
| Notes to the Abbreviated Accounts - continued |
| for the Year Ended 30 September 2014 |
| 5. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| During the year the directors, Mr A Greenaway and Mr A Sheikh, introduced funds to and withdrew funds from |
| the company by way of a directors' loan account. This loan is interest free and repayable upon demand. At the |
| year end the company owed Mr A Sheik £13,911 (2013: £7,887) and this amount is included in creditors. The |
| company was owed £117,054 by Mr A Greenaway and this amount is included in debtors (2013: £7,887 |
| creditor). Mr A Greenaway repaid this loan after the year end. |
| 6. | ULTIMATE CONTROLLING PARTY |
| The company is controlled by the company director, Mr A Sheikh, by virtue of his majority holding of the issued |
| share capital of the company. |