H. Gwyther & Son Limited - Limited company - abbreviated - 11.9

H. Gwyther & Son Limited - Limited company - abbreviated - 11.9

H. GWYTHER & SON LIMITED - Company Information

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REGISTERED NUMBER: 00748220 (England and Wales)

















ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 JANUARY 2015

FOR

H. GWYTHER & SON LIMITED

H. GWYTHER & SON LIMITED (REGISTERED NUMBER: 00748220)






CONTENTS OF THE ABBREVIATED ACCOUNTS
for the Year Ended 31 January 2015




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

H. GWYTHER & SON LIMITED

COMPANY INFORMATION
for the Year Ended 31 January 2015







DIRECTORS: R.H. Gwyther
Mrs S.H. Gwyther





SECRETARY: R.H. Gwyther





REGISTERED OFFICE: 33 Church Street
Bishops Castle
Shropshire
SY9 5AD





REGISTERED NUMBER: 00748220 (England and Wales)





ACCOUNTANTS: Baker & Co.
Chartered Certified Accountants
Arran House
42 Gravel Hill
Ludlow
Shropshire
SY8 1QR
Page 1
H. GWYTHER & SON LIMITED (REGISTERED NUMBER: 00748220)

ABBREVIATED BALANCE SHEET
31 January 2015

2015 2014
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 221,496 224,832
Investments 3 500 500
221,996 225,332

CURRENT ASSETS
Stocks 96,467 107,731
Debtors 4 42,870 42,242
Cash in hand 775 311
140,112 150,284
CREDITORS
Amounts falling due within one year 72,686 57,606
NET CURRENT ASSETS 67,426 92,678
TOTAL ASSETS LESS CURRENT
LIABILITIES
289,422
318,010

CREDITORS
Amounts falling due after more than one
year
(128,444		 )
(131,128		 )

PROVISIONS FOR LIABILITIES (1,058 ) (1,245 )
NET ASSETS 159,920 185,637

The notes form part of these abbreviated accounts

Page 2 continued...
H. GWYTHER & SON LIMITED (REGISTERED NUMBER: 00748220)

ABBREVIATED BALANCE SHEET - continued
31 January 2015

2015 2014
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 5 5,000 5,000
Revaluation reserve 193,343 194,243
Profit and loss account (38,423 ) (13,606 )
SHAREHOLDERS' FUNDS 159,920 185,637

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 29 October 2015 and were signed on
its behalf by:





R.H. Gwyther - Director


The notes form part of these abbreviated accounts

Page 3
H. GWYTHER & SON LIMITED (REGISTERED NUMBER: 00748220)

NOTES TO THE ABBREVIATED ACCOUNTS
for the Year Ended 31 January 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, excluding value added tax.

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

Freehold property - 2% on cost
Plant and machinery - 15% on reducing balance
Motor vehicles - 25% 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.

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

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 February 2014
and 31 January 2015 287,701
DEPRECIATION
At 1 February 2014 62,869
Charge for year 3,336
At 31 January 2015 66,205
NET BOOK VALUE
At 31 January 2015 221,496
At 31 January 2014 224,832

3. FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:
2015 2014
£    £   
Shares in Gwythers(Tenbury
Wells) Ltd. 500 500

Page 4 continued...
H. GWYTHER & SON LIMITED (REGISTERED NUMBER: 00748220)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
for the Year Ended 31 January 2015

4. DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR

The aggregate total of debtors falling due after more than one year is £ 40,000 (2014 - £ 40,000 )

5. CALLED UP SHARE CAPITAL

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

6. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

R H Gwyther is a director of Gwythers (Tenbury Wells) Limited with whom the company has an
agreement whereby all stock transactions are charged at cost.

Page 5