R.W. Engineering (Stafford) Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 04343736 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD

1ST APRIL 2014 TO 30TH MARCH 2015

FOR

R.W. ENGINEERING (STAFFORD) LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mr R Wilson

REGISTERED OFFICE:

17 Barn Common

Back Lane

Woodseaves

Stafford

Staffordshire

ST20 0LP

REGISTERED NUMBER:

04343736 (England and Wales)

ACCOUNTANTS:

Howards Limited

Chartered Certified Accountants

Newport House

Newport Road

Stafford

Staffordshire

ST16 1DA

FIXED ASSETS

Tangible assets

2

3,005

4,008

CURRENT ASSETS

Stocks

9,050

3,858

Debtors

45,579

28,565

Cash at bank and in hand

25,307

51,322

79,936

83,745

CREDITORS

Amounts falling due within one year

19,659

12,399

NET CURRENT ASSETS

60,277

71,346

TOTAL ASSETS LESS CURRENT LIABILITIES

63,282

75,354

PROVISIONS FOR LIABILITIES

331

472

NET ASSETS

62,951

74,882

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

62,949

74,880

SHAREHOLDERS' FUNDS

62,951

74,882

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

The members have not required the company to obtain an audit of its financial statements for the period ended 30th March 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 28th January 2016 and were signed by:

Mr R Wilson - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared in accordance with the special provisions of part 15 of the

Companies Act 2006 relating to small companies and with the Financial Reporting Statement for Smaller Entities

(Effective April 2008).

Accounting convention

The financial statements have been prepared under the historical cost convention and are in accordance with

applicable accounting standards.

Turnover

Turnover represents sales of goods net of VAT. Turnover is recognised when the goods are physically delivered

to the customer.

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

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Stock is valued at the lower of cost and net realisable value. Net realisable value represents estimated selling

price less costs to complete and sell.

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 1st April 2014

and 30th March 2015

20,695

DEPRECIATION

At 1st April 2014

16,687

Charge for period

1,003

At 30th March 2015

17,690

NET BOOK VALUE

At 30th March 2015

3,005

At 31st March 2014

4,008

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

2

Ordinary

£1

2

2