Abbreviated Company Accounts - WESTWOOD JOINERY & CONSTRUCTION LIMITED
Abbreviated Company Accounts - WESTWOOD JOINERY & CONSTRUCTION LIMITED
Registered Number 06442225
WESTWOOD JOINERY & CONSTRUCTION LIMITED
Abbreviated Accounts
30 November 2013
WESTWOOD JOINERY & CONSTRUCTION LIMITED Registered Number 06442225
Abbreviated Balance Sheet as at 30 November 2013
Notes | 2013 | 2012 | |
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£ | £ | ||
Fixed assets | |||
Tangible assets | 2 |
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Current assets | |||
Stocks |
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Debtors |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
( |
( |
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Net current assets (liabilities) |
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( |
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Total assets less current liabilities |
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( |
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Provisions for liabilities |
( |
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Total net assets (liabilities) |
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( |
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Capital and reserves | |||
Called up share capital | 3 |
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Profit and loss account |
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Shareholders' funds |
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( |
For the year ending 30 November 2013 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the Board on
And signed on their behalf by:
WESTWOOD JOINERY & CONSTRUCTION LIMITED Registered Number 06442225
Notes to the Abbreviated Accounts for the period ended 30 November 2013
1Accounting Policies
Basis of measurement and preparation of accounts
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Proctice), which have been applied consistently (except as otherwise stated).
Turnover policy
Tangible assets depreciation policy
Plant and machinery - 15% reducing balance
Fixtures, fittings and equipment - 15% reducing balance
Motor vehicles - 25% reducing balance
Other accounting policies
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
Stock and work in progress
Stock and work in progress are valued at the lower of cost and net realisable value.
Deferred taxation
Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.
£ | |
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Cost | |
At 1 December 2012 |
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Additions |
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Disposals |
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Revaluations |
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Transfers |
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At 30 November 2013 |
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Depreciation | |
At 1 December 2012 |
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Charge for the year |
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On disposals |
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At 30 November 2013 |
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Net book values | |
At 30 November 2013 | 11,783 |
At 30 November 2012 | 10,084 |