Wiper Blades Limited - Limited company - abbreviated - 11.9

Wiper Blades Limited - Limited company - abbreviated - 11.9

WIPER BLADES LIMITED - Company Information

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WIPER BLADES LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 AUGUST 2015






WIPER BLADES LIMITED (REGISTERED NUMBER: 05422775)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 AUGUST 2015




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

WIPER BLADES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2015







DIRECTORS: P G Ives
Mrs E J Ives





SECRETARY: Mrs E J Ives





REGISTERED OFFICE: Unit 37 Hartlebury Trading Estate
Hartlebury
Kidderminster
Worcs
DY10 4JB





REGISTERED NUMBER: 05422775





ACCOUNTANTS: Ballard Dale Syree Watson LLP
11c Kingswood Road
Hampton Lovett
Droitwich
Worcestershire
WR9 0QH
Page 1
WIPER BLADES LIMITED (REGISTERED NUMBER: 05422775)

ABBREVIATED BALANCE SHEET
31 AUGUST 2015

2015 2014
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 18,728 19,048

CURRENT ASSETS
Stocks 87,081 67,423
Debtors 12,578 5,268
Cash at bank and in hand 54,674 40,181
154,333 112,872
CREDITORS
Amounts falling due within one year 133,559 107,913
NET CURRENT ASSETS 20,774 4,959
TOTAL ASSETS LESS CURRENT
LIABILITIES
39,502
24,007

CAPITAL AND RESERVES
Called up share capital 3 100 100
Profit and loss account 39,402 23,907
SHAREHOLDERS' FUNDS 39,502 24,007

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

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





P G Ives - Director


The notes form part of these abbreviated accounts

Page 2
WIPER BLADES LIMITED (REGISTERED NUMBER: 05422775)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 AUGUST 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.

Improvements to property - not provided
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Computer equipment - 33.3% 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.

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

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.

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 September 2014 109,283
Additions 3,490
At 31 August 2015 112,773
DEPRECIATION
At 1 September 2014 90,235
Charge for year 3,810
At 31 August 2015 94,045
NET BOOK VALUE
At 31 August 2015 18,728
At 31 August 2014 19,048

Page 3 continued...
WIPER BLADES LIMITED (REGISTERED NUMBER: 05422775)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 31 AUGUST 2015

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2015 2014
value: £    £   
600 Ordinary 10p 60 88
(2014 - 875 )
400 A Ordinary 10p 40 12
100 100

On 23 January 2015, 275 Ordinary shares were redesignated to Ordinary A shares of £0.10 nominal
value.

Page 4