Woodway Industry Ltd - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 08548802 (England and Wales)

Abbreviated Unaudited Accounts

for the Period 30 May 2013 to 31 March 2014

for

Woodway Industry Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

R Hunt

REGISTERED OFFICE:

Woodway Farm Industrial Estate

Bicester Road

Long Crendon

Aylesbury

Buckinghamshire

HP18 9EP

REGISTERED NUMBER:

08548802 (England and Wales)

ACCOUNTANTS:

SJB Accounting Ltd

200 Brook Drive

Green Park

Reading

Berkshire

RG2 6UB

FIXED ASSETS

Tangible assets

2

986,709

CURRENT ASSETS

Debtors

8,409

Cash at bank and in hand

43,714

52,123

CREDITORS

Amounts falling due within one year

44,932

NET CURRENT ASSETS

7,191

TOTAL ASSETS LESS CURRENT LIABILITIES

993,900

CREDITORS

Amounts falling due after more than one year

(74,194

)

PROVISIONS FOR LIABILITIES

(4,380

)

NET ASSETS

915,326

CAPITAL AND RESERVES

Called up share capital

3

900,000

Profit and loss account

15,326

SHAREHOLDERS' FUNDS

915,326

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2014 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 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 18 September 2014 and were signed by:

R Hunt - Director

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 services, 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.

Plant and machinery etc

-

20% on reducing balance

Freehold land and buildings depreciation is considered to be immaterial due to the length of the useful

economic lives of the assets. Each year an impairment review is completed.

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

Additions

991,319

At 31 March 2014

991,319

DEPRECIATION

Charge for period

4,610

At 31 March 2014

4,610

NET BOOK VALUE

At 31 March 2014

986,709

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

889,800

Ordinary shares

£1

899,800

100

Ordinary A shares

£1

100

100

Ordinary B shares

£1

100

900,000

The following shares were allotted and fully paid for cash at par during the period:

889,800 Ordinary shares shares of £1 each

100 Ordinary A shares shares of £1 each

100 Ordinary B shares shares of £1 each