Wards Group Limited - Limited company - abbreviated - 11.6

Wards Group Limited - Limited company - abbreviated - 11.6

WARDS GROUP LIMITED - Company Information

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05453678 1.3.14 28.2.15 28.2.15 Company accounts Private Limited Company FY true false true false true false Ordinary A 1.00000 Ordinary B 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure054536782014-02-28054536782015-02-28054536782014-03-012015-02-28054536782013-02-28054536782013-03-012014-02-28054536782014-02-2805453678ns14:PoundSterling2014-03-012015-02-2805453678ns7:Director12014-03-012015-02-2805453678ns7:OrdinaryShareClass12014-03-012015-02-2805453678ns7:OrdinaryShareClass22014-03-012015-02-2805453678ns7:Director22014-03-012015-02-2805453678ns7:CompanySecretary2014-03-012015-02-2805453678ns7:RegisteredOffice2014-03-012015-02-2805453678ns7:EntityAccountantsOrAuditors2014-03-012015-02-2805453678ns5:LandBuildingsns5:ShortLeaseholdProperties2014-03-012015-02-2805453678ns5:FixturesFittings2014-03-012015-02-2805453678ns5:ComputerEquipment2014-03-012015-02-2805453678ns5:FixedAssetInvestmentsOtherThanLoans2015-02-2805453678ns5:FixedAssetInvestmentsOtherThanLoans2014-02-2805453678ns7:OrdinaryShareClass12015-02-2805453678ns7:OrdinaryShareClass12014-02-2805453678ns7:OrdinaryShareClass22015-02-2805453678ns7:OrdinaryShareClass22014-02-28
REGISTERED NUMBER: 05453678













ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 28 FEBRUARY 2015

FOR

WARDS GROUP LIMITED

WARDS GROUP LIMITED (REGISTERED NUMBER: 05453678)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 28 FEBRUARY 2015




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

WARDS GROUP LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2015







DIRECTORS: B B Field
Mrs N Lee





SECRETARY: B B Field





REGISTERED OFFICE: 30-34 North Street
Hailsham
East Sussex
BN27 1DW





REGISTERED NUMBER: 05453678





ACCOUNTANTS: Watson Associates (Professional Services) Limited
30 - 34 North Street
Hailsham
East Sussex
BN27 1DW
Page 1
WARDS GROUP LIMITED (REGISTERED NUMBER: 05453678)

ABBREVIATED BALANCE SHEET
28 FEBRUARY 2015

2015 2014
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 - 1
Tangible assets 3 12,614 14,750
Investments 4 2 2
12,616 14,753

CURRENT ASSETS
Stocks 50,360 52,610
Debtors 4,451 4,776
Cash at bank and in hand 46,329 45,841
101,140 103,227
CREDITORS
Amounts falling due within one year 36,345 32,370
NET CURRENT ASSETS 64,795 70,857
TOTAL ASSETS LESS CURRENT
LIABILITIES
77,411
85,610

CAPITAL AND RESERVES
Called up share capital 5 5,000 5,000
Profit and loss account 72,411 80,610
SHAREHOLDERS' FUNDS 77,411 85,610

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2015 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 25 September 2015 and were signed on its behalf
by:



B B Field - Director


The notes form part of these abbreviated accounts

Page 2
WARDS GROUP LIMITED (REGISTERED NUMBER: 05453678)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 28 FEBRUARY 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).

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 8 Related
Party Disclosures, not to disclose related party transactions with wholly owned subsidiaries within the group.

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 2009, is being amortised evenly over its estimated useful life of five years.

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

Short leasehold - 10% on cost
Fixtures and fittings - 20% on cost and 15% on reducing balance
Computer equipment - 33% on cost

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 March 2014
and 28 February 2015 14,999
AMORTISATION
At 1 March 2014 14,998
Amortisation for year 1
At 28 February 2015 14,999
NET BOOK VALUE

At 28 February 2015 -
At 28 February 2014 1

Page 3 continued...
WARDS GROUP LIMITED (REGISTERED NUMBER: 05453678)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2015

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 March 2014 33,416
Additions 2,074
At 28 February 2015 35,490
DEPRECIATION
At 1 March 2014 18,666
Charge for year 4,210
At 28 February 2015 22,876
NET BOOK VALUE
At 28 February 2015 12,614
At 28 February 2014 14,750

4. FIXED ASSET INVESTMENTS
Investments
other
than
loans
£   
COST
At 1 March 2014
and 28 February 2015 2
NET BOOK VALUE
At 28 February 2015 2
At 28 February 2014 2

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2015 2014
value: £    £   
3,000 Ordinary A 1 3,000 3,000
2,000 Ordinary B 1 2,000 2,000
5,000 5,000

Page 4