Welding Tool Supplies Limited - Limited company - abbreviated - 11.6
Welding Tool Supplies Limited - Limited company - abbreviated - 11.6
| REGISTERED NUMBER: |
| Welding Tool Supplies Limited |
| Abbreviated Unaudited Accounts For The Year Ended 30 April 2015 |
| Welding Tool Supplies Limited (Registered number: 02618852) |
| Contents of the Abbreviated Accounts |
| For The Year Ended 30 April 2015 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| Welding Tool Supplies Limited |
| Company Information |
| For The Year Ended 30 April 2015 |
| DIRECTOR: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Welding Tool Supplies Limited (Registered number: 02618852) |
| Abbreviated Balance Sheet |
| 30 April 2015 |
| 2015 | 2014 |
| Notes | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | ( |
) | ( |
) |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 3 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| The director acknowledges his 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 financial statements were approved by the director on |
| Welding Tool Supplies Limited (Registered number: 02618852) |
| Notes to the Abbreviated Accounts |
| For The Year Ended 30 April 2015 |
| 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 and services, excluding value added tax. |
| In respect of long-term contracts and contracts for ongoing service, turnover represents the value of work done in |
| the year, including estimates of amounts invoiced. Turnover in respect of long-term contracts and contracts for |
| ongoing services is recognised by reference to the stage of completion. |
| Tangible fixed assets |
| Fixtures and fittings | - |
| Motor vehicles | - |
| Computer equipment | - |
| 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 the excess taxation allowances over depreciation on fixed assets. |
| Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in |
| which timing difference reverse, based on the tax rates and laws enacted or substantively enacted at the balance |
| sheet date. |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions payable to the company's pension |
| scheme are charged to the profit and loss account in the period to which they relate. |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 May 2014 |
| Additions |
| At 30 April 2015 |
| DEPRECIATION |
| At 1 May 2014 |
| Charge for year |
| At 30 April 2015 |
| NET BOOK VALUE |
| At 30 April 2015 |
| At 30 April 2014 |
| Welding Tool Supplies Limited (Registered number: 02618852) |
| Notes to the Abbreviated Accounts - continued |
| For The Year Ended 30 April 2015 |
| 3. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2015 | 2014 |
| value: | £ | £ |
| Ordinary | £1 |