Woodbrook Precision Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 05778217 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 APRIL 2015

FOR

WOODBROOK PRECISION LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

C Hogg

S Hogg

SECRETARY:

C Hogg

REGISTERED OFFICE:

11a Woodend Mills

Hartshead Street

Lees

Oldham

Lancashire

OL4 5EE

REGISTERED NUMBER:

05778217 (England and Wales)

ACCOUNTANTS:

Beaumont & Co

Suite 5

Martland Mill

Mart Lane

Burscough

Lancashire

L40 0SD

FIXED ASSETS

Tangible assets

2

196,696

122,850

CURRENT ASSETS

Stocks

21,043

-

Debtors

33,927

28,302

54,970

28,302

CREDITORS

Amounts falling due within one year

138,062

124,356

NET CURRENT LIABILITIES

(83,092

)

(96,054

)

TOTAL ASSETS LESS CURRENT LIABILITIES

113,604

26,796

CREDITORS

Amounts falling due after more than one year

78,057

12,545

NET ASSETS

35,547

14,251

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

35,545

14,249

SHAREHOLDERS' FUNDS

35,547

14,251

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

The members have not required the company to obtain an audit of its financial statements for the year 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 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 10 August 2015 and were signed on its behalf by:

S Hogg - 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.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

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.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2014

264,286

Additions

126,475

Disposals

(75,000

)

At 30 April 2015

315,761

DEPRECIATION

At 1 May 2014

141,436

Charge for year

16,779

Eliminated on disposal

(39,150

)

At 30 April 2015

119,065

NET BOOK VALUE

At 30 April 2015

196,696

At 30 April 2014

122,850

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.15

30.4.14

value:

£

£

2

Ordinary

1

2

2