Abbreviated Company Accounts - DAVID WEBB MANAGEMENT LIMITED

DAVID WEBB MANAGEMENT LIMITED - Company Information

02636096 DAVID WEBB MANAGEMENT LIMITED 2014-08-31 false 2013-09-01 2014-08-31 true 02636096 2013-09-01 2014-08-31 02636096 2014-08-31 02636096 2013-08-31 02636096 uk-gaap-cd-bus:Director1 2013-09-01 2014-08-31 02636096 uk-gaap-cd-bus:Director2 2013-09-01 2014-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-09-01 2014-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-08-31 iso4217:GBP shares

Registered Number 02636096

DAVID WEBB MANAGEMENT LIMITED

Abbreviated Accounts

31 August 2014

DAVID WEBB MANAGEMENT LIMITED Registered Number 02636096

Abbreviated Balance Sheet as at 31 August 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	294	391
Investments	3	50,510	50,510
		50,804	50,901
Current assets
Stocks		-	164,356
Debtors		341,606	326,557
Cash at bank and in hand		16,613	3,708
		358,219	494,621
Creditors: amounts falling due within one year		(32,661)	(220,921)
Net current assets (liabilities)		325,558	273,700
Total assets less current liabilities		376,362	324,601
Total net assets (liabilities)		376,362	324,601
Capital and reserves
Called up share capital	4	100	100
Profit and loss account		376,262	324,501
Shareholders' funds		376,362	324,601

For the year ending 31 August 2014 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 31 August 2015

And signed on their behalf by:
D J Webb, Director

DAVID WEBB MANAGEMENT LIMITED Registered Number 02636096

Notes to the Abbreviated Accounts for the period ended 31 August 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.
The financial statements contain information about David Webb Management Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company has taken the option under Section 398 of the Companies Act 2006 not to prepare consolidated financial statements.

Turnover policy
Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings - 25% per annum on cost
Motor vehicles - 25% per annum on book value

Other accounting policies
Stocks
Work in progress is valued at the lower of cost or net realisable value.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

2Tangible fixed assets

	£
Cost
At 1 September 2013	2,689
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 August 2014	2,689
Depreciation
At 1 September 2013	2,298
Charge for the year	97
On disposals	-
At 31 August 2014	2,395
Net book values
At 31 August 2014	294
At 31 August 2013	391

3Fixed assets Investments
The company has a 100% holding in Tyning Village Limiited, a property development company, at a cost of £50,510. At 31 May 2014, Tyning Village Limited had aggregate capital and reserves of £(5,891) (2013: £(5,628)) and made a loss for the year of £263 (2013: a loss of £310).

4Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
100 Ordinary shares of £1 each	100	100