K & J Woodward Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 08197016 (England and Wales)

Abbreviated Accounts for the Year Ended 30 April 2014

for

K & J Woodward Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

R Carmichael

REGISTERED OFFICE:

PO Box 82

Appletree House

Liverpool

L19 0WD

REGISTERED NUMBER:

08197016 (England and Wales)

ACCOUNTANTS:

Cobham Murphy Limited

116 Duke Street

Liverpool

Merseyside

L1 5JW

FIXED ASSETS

Tangible assets

2

1,042

-

CURRENT ASSETS

Stocks

36,220

-

Debtors

6,207

9,664

Cash at bank

30

8,653

42,457

18,317

CREDITORS

Amounts falling due within one year

43,429

18,506

NET CURRENT LIABILITIES

(972

)

(189

)

TOTAL ASSETS LESS CURRENT LIABILITIES

70

(189

)

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

(30

)

(289

)

SHAREHOLDERS' FUNDS

70

(189

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 17 September 2014 and were signed by:

R Carmichael - 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 sales of architectural 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

-

25% on reducing balance

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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

1,389

At 30 April 2014

1,389

DEPRECIATION

Charge for year

347

At 30 April 2014

347

NET BOOK VALUE

At 30 April 2014

1,042

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.14

30.4.13

value:

£

£

100

Ordinary

£1

100

100

4.	RELATED PARTY DISCLOSURES

R Carmichael is also a director of Appletree Estates Holdings Limited.

Included in other creditors as at 30th April 2014 is £4,691 (2013 £5,927) owing to Appletree Estates Holdings

Limited.

R Carmichael is also a director of Appletree Interiors (Liverpool) Limited.

During the year the company paid leasing costs of £4,380 to Appletree Interiors (Liverpool) Limited. These

transactions took place at arms length basis.

5.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is R Carmichael.