K & J Woodward Limited - Limited company - abbreviated

REGISTERED NUMBER: 08197016 (England and Wales)

Abbreviated Accounts for the Year Ended 30 April 2015

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

694

1,042

CURRENT ASSETS

Stocks

36,220

Debtors

33,973

6,207

Cash at bank

75

30

70,268

42,457

CREDITORS

Amounts falling due within one year

70,590

43,429

NET CURRENT LIABILITIES

(322

)

(972

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

372

70

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

272

(30

)

SHAREHOLDERS' FUNDS

372

70

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 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 29 January 2016 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 cost

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

At 1 May 2014

and 30 April 2015

1,389

DEPRECIATION

At 1 May 2014

347

Charge for year

348

At 30 April 2015

695

NET BOOK VALUE

At 30 April 2015

694

At 30 April 2014

1,042

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.15

30.4.14

value:

£

100

Ordinary

£1

100

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

R Carmichael, a director, operates a current account to which transactions of a private nature are charged.

Included in other creditors as at 30th April 2015 is £6,340 owing to R Carmichael.

5.	RELATED PARTY DISCLOSURES

R Carmichael is also a director of Appletree Estates Holdings Limited, Appletree Interiors (Liverpool) Limited

and Malpas Estates Limited.

Included in other creditors as at 30th April 2015 is £51,741 (2014 £4,691) owing to Appletree Estates Holdings

Limited.

During the year the company paid leasing costs of £4,380 (2014 £4,380) to Appletree Interiors (Liverpool)

Limited. These transactions took place at arms length basis.

During the year the company made sales of £31,000 to Malpas Estates Limited. These transactions took place at

arms length basis.

.

6.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is R Carmichael.

K & J Woodward Limited - Limited company - abbreviated - 11.9

K & J Woodward Limited - Limited company - abbreviated - 11.9