Abbreviated Company Accounts - WOOD FARM LIVERY LIMITED

WOOD FARM LIVERY LIMITED - Company Information

07642435 WOOD FARM LIVERY LIMITED 2015-05-31 false 2014-06-01 2015-05-31 true 07642435 2014-06-01 2015-05-31 07642435 2015-05-31 07642435 2014-05-31 07642435 uk-gaap-cd-bus:Director1 2014-06-01 2015-05-31 07642435 uk-gaap-cd-bus:Director2 2014-06-01 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-06-01 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-05-31 iso4217:GBP shares

Registered Number 07642435

WOOD FARM LIVERY LIMITED

Abbreviated Accounts

31 May 2015

WOOD FARM LIVERY LIMITED Registered Number 07642435

Abbreviated Balance Sheet as at 31 May 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	3,344	-
		3,344	-
Current assets
Stocks		149	149
Debtors		6,729	4,693
Cash at bank and in hand		2,066	1,416
		8,944	6,258
Creditors: amounts falling due within one year		(7,465)	(6,253)
Net current assets (liabilities)		1,479	5
Total assets less current liabilities		4,823	5
Total net assets (liabilities)		4,823	5
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		4,822	4
Shareholders' funds		4,823	5

For the year ending 31 May 2015 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 15 February 2016

And signed on their behalf by:
R Wallis, Director

WOOD FARM LIVERY LIMITED Registered Number 07642435

Notes to the Abbreviated Accounts for the period ended 31 May 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents amounts chargeable in respect of the sale of goods and services to customers.

Tangible assets depreciation policy
Deprecation is provided on tangible fixed assets so as to write off the cost or valuation, less estimated
residual value, over the expected useful economic life as follow:
Plant and Machinery 10% reducing balance

Other accounting policies
Stock
Stock is valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks. Net realisable value is based on selling price less anticipated costs to completion and selling costs.

2Tangible fixed assets

	£
Cost
At 1 June 2014	-
Additions	3,344
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2015	3,344
Depreciation
At 1 June 2014	-
Charge for the year	-
On disposals	-
At 31 May 2015	-
Net book values
At 31 May 2015	3,344
At 31 May 2014	-

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
1 Ordinary shares of £1 each	1	1