Westmore Supplies Limited - Limited company - abbreviated

REGISTERED NUMBER: 02829298 (England and Wales)

WESTMORE SUPPLIES LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30TH NOVEMBER 2013

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Chartered Accountants' Report

4

DIRECTOR:

Mr S J Field

SECRETARY:

Mrs A A Field

REGISTERED OFFICE:

2 Arrow Court

Adams Way

Springfield Business Park

Alcester

Warwickshire

B49 6PU

REGISTERED NUMBER:

02829298 (England and Wales)

ACCOUNTANTS:

Ormerod Rutter Limited

Chartered Accountants

The Oakley

Kidderminster Road

Droitwich

Worcestershire

WR9 9AY

FIXED ASSETS

Tangible assets

2

239

282

CURRENT ASSETS

Stocks

9,472

9,532

Debtors

91,234

90,668

Cash at bank

2,249

1

102,955

100,201

CREDITORS

Amounts falling due within one year

101,727

98,375

NET CURRENT ASSETS

1,228

1,826

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,467

2,108

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

1,367

2,008

SHAREHOLDERS' FUNDS

1,467

2,108

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th November 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th November 2013 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 August 2014 and were signed by:

Mr S J Field - 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.

Office equipment

-

15% on reducing balance

Computer equipment

-

33% 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 December 2012

and 30th November 2013

14,751

DEPRECIATION

At 1st December 2012

14,469

Charge for year

43

At 30th November 2013

14,512

NET BOOK VALUE

At 30th November 2013

239

At 30th November 2012

282

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2013

2012

value:

£

100

Ordinary

£1

100

4.	ULTIMATE PARENT COMPANY

Field Holdings Limited is regarded by the director as being the company's ultimate parent company.

The following reproduces the text of the report prepared for the director in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to three)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial

statements of Westmore Supplies Limited for the year ended 30th November 2013 which comprise the Profit and Loss

Account, the Balance Sheet and the related notes from the company's accounting records and from information and

explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to

its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the director of Westmore Supplies Limited in accordance with our terms of engagement. Our

work has been undertaken solely to prepare for your approval the financial statements of Westmore Supplies Limited and

state those matters that we have agreed to state to the director of Westmore Supplies Limited in this report in accordance

with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume

responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Westmore Supplies Limited has kept adequate accounting records and to prepare statutory

financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Westmore Supplies

Limited. You consider that Westmore Supplies Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Westmore Supplies Limited.

For this reason, we have not verified the accuracy or completeness of the accounting records or information and

explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.