Abbreviated Company Accounts - WESTLINE PUBLISHING LIMITED

Abbreviated Company Accounts - WESTLINE PUBLISHING LIMITED

WESTLINE PUBLISHING LIMITED - Company Information

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Registered Number 04269698

WESTLINE PUBLISHING LIMITED

Abbreviated Accounts

31 December 2013

WESTLINE PUBLISHING LIMITED Registered Number 04269698

Abbreviated Balance Sheet as at 31 December 2013

Notes 2013 2012
£ £
Fixed assets
Intangible assets 2 196,410 196,410
Investments 3 50 50
196,460 196,460
Current assets
Stocks 32,000 36,000
Debtors - 42,350
Cash at bank and in hand 15,420 13,760
47,420 92,110
Creditors: amounts falling due within one year (118,409) (162,170)
Net current assets (liabilities) (70,989) (70,060)
Total assets less current liabilities 125,471 126,400
Creditors: amounts falling due after more than one year (230,000) (230,000)
Total net assets (liabilities) (104,529) (103,600)
Capital and reserves
Called up share capital 1,050 1,050
Profit and loss account (105,579) (104,650)
Shareholders' funds (104,529) (103,600)
  • For the year ending 31 December 2013 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 24 September 2014

And signed on their behalf by:
J.Sellers, Director

WESTLINE PUBLISHING LIMITED Registered Number 04269698

Notes to the Abbreviated Accounts for the period ended 31 December 2013

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 the value net of value added tax of goods and services provided to customers.

Intangible assets amortisation policy
The Directors carried out an impairment review of Goodwill and no depreciation has been provided in the year.

2Intangible fixed assets
£
Cost
At 1 January 2013 313,417
Additions -
Disposals -
Revaluations -
Transfers -
At 31 December 2013 313,417
Amortisation
At 1 January 2013 117,007
Charge for the year -
On disposals -
At 31 December 2013 117,007
Net book values
At 31 December 2013 196,410
At 31 December 2012 196,410

3Fixed assets Investments
Investments of £50 for 100% of the sharecapital of Corpus Publishing Ltd.