Woodnwalls Limited - Limited company accounts 11.9

REGISTERED NUMBER: 08982511 (England and Wales)

REPORT OF THE DIRECTORS AND

UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD 7 APRIL 2014 TO 30 APRIL 2015

FOR

WOODNWALLS LIMITED

Page

Company Information

1

Report of the Directors

2

Profit and Loss Account

3

Balance Sheet

4

Notes to the Financial Statements

5

DIRECTORS:

A P Griffiths

G Kennedy

SECRETARY:

REGISTERED OFFICE:

295 High Street

Rainham

Kent

ME8 8DS

REGISTERED NUMBER:

08982511 (England and Wales)

ACCOUNTANTS:

J Parish & Co

295 High Street

Rainham

Gillingham

Kent

ME8 8DS

The directors present their report with the financial statements of the company for the period 7 April 2014 to 30 April 2015.

INCORPORATION

The company was incorporated on 7 April 2014 .

DIRECTORS

The directors who have held office during the period from 7 April 2014 to the date of this report are as follows:

A P Griffiths - appointed 7 April 2014

G Kennedy - appointed 7 April 2014

Both the directors who are eligible offer themselves for election at the forthcoming first Annual General Meeting.

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small

companies.

ON BEHALF OF THE BOARD:

G Kennedy - Director

2 November 2015

TURNOVER

139,146

Cost of sales

97,991

GROSS PROFIT

41,155

Administrative expenses

18,103

OPERATING PROFIT and

PROFIT ON ORDINARY ACTIVITIES
BEFORE TAXATION

2

23,052

Tax on profit on ordinary activities

3

-

PROFIT FOR THE FINANCIAL PERIOD

23,052

FIXED ASSETS

Tangible assets

5

24,264

CURRENT ASSETS

Cash at bank

45,357

CREDITORS

Amounts falling due within one year

6

69,567

NET CURRENT LIABILITIES

(24,210

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

54

CAPITAL AND RESERVES

Called up share capital

7

2

Profit and loss account

8

52

SHAREHOLDERS' FUNDS

54

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 April 2015.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 April 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 financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies and with the Financial Reporting Standard for Smaller Entities (effective April 2008).

The financial statements were approved by the Board of Directors on 2 November 2015 and were signed on its behalf by:

G Kennedy - 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 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.

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.

2.	OPERATING PROFIT

The operating profit is stated after charging:

£

Depreciation - owned assets

8,621

Directors' remuneration and other benefits etc

-

3.

TAXATION

Analysis of the tax charge

No liability to UK corporation tax arose on ordinary activities for the period.

4.

DIVIDENDS

£

ordinary shares of 2 each

Final

23,000

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

Additions

32,885

At 30 April 2015

32,885

DEPRECIATION

Charge for period

8,621

At 30 April 2015

8,621

NET BOOK VALUE

At 30 April 2015

24,264

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Taxation and social security

11,275

Other creditors

58,292

69,567

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

2

ordinary

2

8.

RESERVES

Profit

and loss

account

£

Profit for the period

23,052

Dividends

(23,000

)

At 30 April 2015

52