Abbreviated Company Accounts - WOODRUFF FOREST PRODUCTS LIMITED

Abbreviated Company Accounts - WOODRUFF FOREST PRODUCTS LIMITED

WOODRUFF FOREST PRODUCTS LIMITED - Company Information

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Registered Number 04689409

WOODRUFF FOREST PRODUCTS LIMITED

Abbreviated Accounts

31 December 2014

WOODRUFF FOREST PRODUCTS LIMITED Registered Number 04689409

Abbreviated Balance Sheet as at 31 December 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 6,473 7,426
6,473 7,426
Current assets
Debtors 10,346 28,336
Cash at bank and in hand 6,494 10
16,840 28,346
Creditors: amounts falling due within one year (6,637) (23,468)
Net current assets (liabilities) 10,203 4,878
Total assets less current liabilities 16,676 12,304
Total net assets (liabilities) 16,676 12,304
Capital and reserves
Called up share capital 3 3
Profit and loss account 16,673 12,301
Shareholders' funds 16,676 12,304
  • For the year ending 31 December 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 30 June 2015

And signed on their behalf by:
Mr L Webster, Director

WOODRUFF FOREST PRODUCTS LIMITED Registered Number 04689409

Notes to the Abbreviated Accounts for the period ended 31 December 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.

Turnover policy
Turnover represents amounts receivable for goods and services net of VAT and trade discounts

Tangible assets depreciation policy
Tangible fixed assets other than freehold land are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows

Land and buildings freehold 10% straight line
Plant and machinery 25% WDV

Other accounting policies
Goodwill
Acquired goodwill is written off in equal annual instalments over its estimated useful economic life.

2Tangible fixed assets
£
Cost
At 1 January 2014 33,767
Additions 1,563
Disposals -
Revaluations -
Transfers -
At 31 December 2014 35,330
Depreciation
At 1 January 2014 26,341
Charge for the year 2,516
On disposals -
At 31 December 2014 28,857
Net book values
At 31 December 2014 6,473
At 31 December 2013 7,426