Abbreviated Company Accounts - WHITESPECS LIMITED

WHITESPECS LIMITED - Company Information

08541412 WHITESPECS LIMITED 2014-05-31 false 2013-05-23 2014-05-31 true 08541412 2013-05-23 2014-05-31 08541412 2014-05-31 08541412 uk-gaap-cd-bus:Director1 2013-05-23 2014-05-31 08541412 uk-gaap-cd-bus:Director2 2013-05-23 2014-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-05-23 2014-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-05-31 iso4217:GBP shares

Registered Number 08541412

WHITESPECS LIMITED

Abbreviated Accounts

31 May 2014

WHITESPECS LIMITED Registered Number 08541412

Abbreviated Balance Sheet as at 31 May 2014

	Notes	2014
		£
Fixed assets
Tangible assets	2	1,939
		1,939
Current assets
Debtors		661
Cash at bank and in hand		19,147
		19,808
Creditors: amounts falling due within one year		(16,120)
Net current assets (liabilities)		3,688
Total assets less current liabilities		5,627
Total net assets (liabilities)		5,627
Capital and reserves
Called up share capital	3	100
Profit and loss account		5,527
Shareholders' funds		5,627

For the year ending 31 May 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 4 December 2015

And signed on their behalf by:
Professor P H Dolan, Director

WHITESPECS LIMITED Registered Number 08541412

Notes to the Abbreviated Accounts for the period ended 31 May 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 represents net invoiced sales of goods, excluding value added tax.

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

Office equipment - 25% on the reducing balance

2Tangible fixed assets

	£
Cost
Additions	2,450
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2014	2,450
Depreciation
Charge for the year	511
On disposals	-
At 31 May 2014	511
Net book values
At 31 May 2014	1,939

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

	2014 £
100 Ordinary shares of £1 each	100

100 Ordinary shares of £1 each were allotted and fully paid for cash at par during the period.