N.W.S. Services UK Limited - Limited company - abbreviated - 11.9

N.W.S. Services UK Limited - Limited company - abbreviated - 11.9

N.W.S. SERVICES UK LIMITED - Company Information

Print Friendly Version

05693659 1.3.14 28.2.15 28.2.15 Company accounts Private Limited Company FY true false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure056936592014-02-28056936592015-02-28056936592014-03-012015-02-28056936592013-02-28056936592013-03-012014-02-28056936592014-02-2805693659ns12:England2014-03-012015-02-2805693659ns14:PoundSterling2014-03-012015-02-2805693659ns7:Director12014-03-012015-02-2805693659ns7:OrdinaryShareClass12014-03-012015-02-2805693659ns7:CompanySecretary2014-03-012015-02-2805693659ns7:RegisteredOffice2014-03-012015-02-2805693659ns7:EntityAccountantsOrAuditors2014-03-012015-02-2805693659ns5:LandBuildingsns5:OwnedOrFreeholdTangibleFixedAssets2014-03-012015-02-2805693659ns5:ImprovementsOrDevelopmentAssets2014-03-012015-02-2805693659ns5:PlantMachinery2014-03-012015-02-2805693659ns7:OrdinaryShareClass12015-02-2805693659ns7:OrdinaryShareClass12014-02-28
REGISTERED NUMBER: 05693659 (England and Wales)















N.W.S. SERVICES UK LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 28 FEBRUARY 2015





Colin F. Whitfield & Co Limited
Chartered Accountants
Redbrook View
Redbrook
Whitchurch
Shropshire
SY13 3AD








N.W.S. SERVICES UK LIMITED (REGISTERED NUMBER: 05693659)

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 4

Chartered Accountants' Report 6

N.W.S. SERVICES UK LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2015







DIRECTOR: N W Shipley





SECRETARY: Mrs D Shipley





REGISTERED OFFICE: Belmont Works
Belmont Road
Stoke on Trent
Staffordshire
ST1 4BT





REGISTERED NUMBER: 05693659 (England and Wales)





ACCOUNTANTS: Colin F. Whitfield & Co Limited
Chartered Accountants
Redbrook View
Redbrook
Whitchurch
Shropshire
SY13 3AD
Page 1
N.W.S. SERVICES UK LIMITED (REGISTERED NUMBER: 05693659)

ABBREVIATED BALANCE SHEET
28 FEBRUARY 2015

2015 2014
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 287,164 269,616

CURRENT ASSETS
Stocks 193,841 362,943
Debtors 17,689 1
Investments 21,030 21,030
Cash at bank and in hand 65,213 48,509
297,773 432,483
CREDITORS
Amounts falling due within one year 3 320,520 330,354
NET CURRENT (LIABILITIES)/ASSETS (22,747 ) 102,129
TOTAL ASSETS LESS CURRENT
LIABILITIES
264,417
371,745

CREDITORS
Amounts falling due after more than one
year
3
166,184
265,583
NET ASSETS 98,233 106,162

CAPITAL AND RESERVES
Called up share capital 4 1 1
Profit and loss account 98,232 106,161
SHAREHOLDERS' FUNDS 98,233 106,162

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 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 notes form part of these abbreviated accounts

Page 2 continued...
N.W.S. SERVICES UK LIMITED (REGISTERED NUMBER: 05693659)

ABBREVIATED BALANCE SHEET - continued
28 FEBRUARY 2015


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 director on 26 November 2015 and were signed by:





N W Shipley - Director


The notes form part of these abbreviated accounts

Page 3
N.W.S. SERVICES UK LIMITED (REGISTERED NUMBER: 05693659)

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).

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 - 5% on cost
Improvements to property - 5% on cost
Plant and machinery - 20% 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.

No provision has been made at the date of the balance sheet as the amount required is considered to
be immaterial.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis
over the period of the lease.

Page 4 continued...
N.W.S. SERVICES UK LIMITED (REGISTERED NUMBER: 05693659)

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


2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 March 2014 336,453
Additions 34,747
At 28 February 2015 371,200
DEPRECIATION
At 1 March 2014 66,837
Charge for year 17,199
At 28 February 2015 84,036
NET BOOK VALUE
At 28 February 2015 287,164
At 28 February 2014 269,616

The financial statements for the year now include the freehold interest in the company showroom and
workshop that had previously been incorrectly omitted in previous years. The property was acquired in
2011 at a cost of £320,000, partly financed by a mortgage from the Co operative bank.

A depreciation rate of 5% on cost has been agreed as the appropriate rate to be applied and this has
been backdated to 2011.

Both the property and the Co operative bank mortgage have now been incorporated into these
financial statements.

3. CREDITORS

Creditors include an amount of £ 148,184 (2014 - £ 172,156 ) for which security has been given.

They also include the following debts falling due in more than five years:

2015 2014
£    £   
Repayable otherwise than by instalments 18,000 98,000
Repayable by instalments 148,184 167,583
166,184 265,583

4. CALLED UP SHARE CAPITAL

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

Page 5
CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
N.W.S. SERVICES UK LIMITED


The following reproduces the text of the report prepared for the director in respect of the company's
annual unaudited financial statements, from which the unaudited abbreviated accounts (set out on
pages two to five) have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval
the financial statements of N.W.S. Services UK Limited for the year ended 28 February 2015 which comprise
the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records
and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the director of N.W.S. Services UK Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of N.W.S. Services UK Limited and state those matters that we have agreed to state to the director of N.W.S. Services UK Limited in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that N.W.S. Services UK Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of N.W.S. Services UK Limited. You consider that N.W.S. Services UK Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of N.W.S. Services
UK Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or
information and explanations you have given to us and we do not, therefore, express any opinion on the
statutory financial statements.






Colin F. Whitfield & Co Limited
Chartered Accountants
Redbrook View
Redbrook
Whitchurch
Shropshire
SY13 3AD


26 November 2015

This page does not form part of the abbreviated accounts

Page 6