Abbreviated Company Accounts - WALKER SHEPPARD CONSTRUCTION LIMITED

WALKER SHEPPARD CONSTRUCTION LIMITED - Company Information

07079342 WALKER SHEPPARD CONSTRUCTION LIMITED 2014-09-30 false 2013-10-01 2014-09-30 true 07079342 2013-10-01 2014-09-30 07079342 2014-09-30 07079342 2013-09-30 07079342 uk-gaap-cd-bus:Director1 2013-10-01 2014-09-30 07079342 uk-gaap-cd-bus:Director2 2013-10-01 2014-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-10-01 2014-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-09-30 iso4217:GBP shares

Registered Number 07079342

WALKER SHEPPARD CONSTRUCTION LIMITED

Abbreviated Accounts

30 September 2014

WALKER SHEPPARD CONSTRUCTION LIMITED Registered Number 07079342

Abbreviated Balance Sheet as at 30 September 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	4,379	5,838
		4,379	5,838
Current assets
Debtors		102,912	103,859
Cash at bank and in hand		2	1,197
		102,914	105,056
Creditors: amounts falling due within one year		(933,697)	(838,692)
Net current assets (liabilities)		(830,783)	(733,636)
Total assets less current liabilities		(826,404)	(727,798)
Total net assets (liabilities)		(826,404)	(727,798)
Capital and reserves
Called up share capital	3	300	300
Profit and loss account		(826,704)	(728,098)
Shareholders' funds		(826,404)	(727,798)

For the year ending 30 September 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 12 November 2015

And signed on their behalf by:
M.R. SHEPPARD, Director
J.G. SHEPPARD, Director

WALKER SHEPPARD CONSTRUCTION LIMITED Registered Number 07079342

Notes to the Abbreviated Accounts for the period ended 30 September 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 comprises revenue recognised by the company in respect of goods and services supplied during the year, exclusive of Value Added Tax and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & fittings - 25% Reducing Balance
Office equipment - 25% Reducing Balance

Other accounting policies
Going concern
In preparing these financial statements the directors have considered the adequacy of the company's finances to enable it to continue as a going concern. In light of the current conditions prevailing in the U.K. property markets the continued support of the company's creditors and directors is vital in order for the company to continue as a going concern. The financial statements are prepared on a going concern basis and, as such, take no account of any potential write-down in assets values which may crystallise should the company cease to be a going concern.

2Tangible fixed assets

	£
Cost
At 1 October 2013	10,379
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 September 2014	10,379
Depreciation
At 1 October 2013	4,541
Charge for the year	1,459
On disposals	-
At 30 September 2014	6,000
Net book values
At 30 September 2014	4,379
At 30 September 2013	5,838

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
300 Ordinary shares of £1 each	300	300