Wolden Garden Centre Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 06554146 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 December 2013

for

Wolden Garden Centre Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

A F Gudgeon

Mrs M I T Gudgeon

S A Gudgeon

S J Gudgeon

SECRETARY:

Mrs M I T Gudgeon

REGISTERED OFFICE:

93 High Street

Biggleswade

Bedfordshire

SG18 0LD

REGISTERED NUMBER:

06554146 (England and Wales)

ACCOUNTANTS:

George Hay Partnership LLP

Chartered Accountants

Brigham House

High Street

Biggleswade

Bedfordshire

SG18 0LD

FIXED ASSETS

Intangible assets

2

666,598

714,211

Tangible assets

3

41,598

40,699

708,196

754,910

CURRENT ASSETS

Stocks

45,250

61,300

Debtors

3,993

2,323

Cash at bank and in hand

109,456

153,811

158,699

217,434

CREDITORS

Amounts falling due within one year

393,995

405,712

NET CURRENT LIABILITIES

(235,296

)

(188,278

)

TOTAL ASSETS LESS CURRENT LIABILITIES

472,900

566,632

CAPITAL AND RESERVES

Called up share capital

4

4

4

Profit and loss account

472,896

566,628

SHAREHOLDERS' FUNDS

472,900

566,632

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2013 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 22 May 2014 and were signed on its behalf by:

S J Gudgeon - 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2008, is being amortised evenly over its estimated useful life of twenty years.

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 reducing balance and 15% 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.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2013

and 31 December 2013

952,277

AMORTISATION

At 1 January 2013

238,066

Amortisation for year

47,613

At 31 December 2013

285,679

NET BOOK VALUE

At 31 December 2013

666,598

At 31 December 2012

714,211

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2013

70,717

Additions

9,132

At 31 December 2013

79,849

DEPRECIATION

At 1 January 2013

30,018

Charge for year

8,233

At 31 December 2013

38,251

NET BOOK VALUE

At 31 December 2013

41,598

At 31 December 2012

40,699

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2013

2012

value:

£

£

1

Ordinary Class A

£1

1

1

1

Ordinary Class B

£1

1

1

1

Ordinary Class C

£1

1

1

1

Ordinary Class D

£1

1

1

4

4