Wolf Point Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 04969124 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 November 2013

for

Wolf Point Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

A Wilson

SECRETARY:

N Wilson

REGISTERED OFFICE:

5 Old Farm Close

Knotty Green

Beaconsfield

Buckinghamshire

HP9 2TH

REGISTERED NUMBER:

04969124 (England and Wales)

ACCOUNTANTS:

Globe Accounting

19 Isaacson Road

Burwell

Cambridgeshire

CB25 0AF

FIXED ASSETS

Tangible assets

2

-

115

CURRENT ASSETS

Stocks

267,673

267,673

Debtors

1,407

787

Cash at bank

38,954

32,199

308,034

300,659

CREDITORS

Amounts falling due within one year

198,925

202,711

NET CURRENT ASSETS

109,109

97,948

TOTAL ASSETS LESS CURRENT LIABILITIES

109,109

98,063

CAPITAL AND RESERVES

Called up share capital

3

10

10

Profit and loss account

109,099

98,053

SHAREHOLDERS' FUNDS

109,109

98,063

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2013 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 20 August 2014 and were signed by:

A Wilson - 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 etc

-

25% 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.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2012

and 30 November 2013

460

DEPRECIATION

At 1 December 2012

345

Charge for year

115

At 30 November 2013

460

NET BOOK VALUE

At 30 November 2013

-

At 30 November 2012

115

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.13

30.11.12

value:

£

£

10

Ordinary

£1

10

10