Willenhall Fasteners (Holdings) Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 02969849 (England and Wales)

Abbreviated Accounts for the Year Ended 31 March 2014

for

Willenhall Fasteners (Holdings) Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

N C Parr

Mrs J E Parr

SECRETARY:

Mrs J E Parr

REGISTERED OFFICE:

Frederick Williams Street

Willenhall

West Midlands

WV13 1NE

REGISTERED NUMBER:

02969849 (England and Wales)

ACCOUNTANTS:

Haines Watts

Keepers Lane

The Wergs

Wolverhampton

West Midlands

WV6 8UA

FIXED ASSETS

Investments

2

333,121

333,121

CURRENT ASSETS

Cash in hand

1

1

NET CURRENT ASSETS

1

1

TOTAL ASSETS LESS CURRENT LIABILITIES

333,122

333,122

CAPITAL AND RESERVES

Called up share capital

3

1,421

1,421

Share premium

331,701

331,701

SHAREHOLDERS' FUNDS

333,122

333,122

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 15 September 2014 and were signed on its behalf by:

Mrs J E Parr - Director

N C Parr - 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).

Consolidation

In the opinion of the directors, the company and its subsidiary undertakings comprise a small group.

The company has therefore taken advantage of the exemption provided by Section 398 of the

Companies Act 2006 not to prepare group accounts.

Investments

Fixed asset investments are included in the company's balance sheet at cost less any amounts written

off for permanent diminution in value. Dividends are included in the profit and loss account.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual

arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument

is any contract that evidences a residual interest in the assets of the company after deducting all of its

liabilities.

2.	FIXED ASSET INVESTMENTS

Name

Aggregate capital and reserves at year end

Profit for the year

Country of incorporation

Nature of business

Class of shares

% held

Willenhall Fasteners Limited

England and Wales

Distributors of Fasteners

Ordinary

100%

423,175

108,526

Quasar Industrial Fasteners Limited

England and Wales

Distributors of Fasteners

Ordinary

100%

46,365

-

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

1,421

Ordinary shares

1421

1,421

1,421

4.	CONTROLLING PARTY

The controlling party is Mr N C Parr, director and majority shareholder of Willenhall Fasteners

(Holdings) Limited.