Conway Saw and Supply Co. Limited - Limited company - abbreviated - 11.0.0
Conway Saw and Supply Co. Limited - Limited company - abbreviated - 11.0.0
REGISTERED NUMBER: |
Abbreviated Unaudited Accounts |
for the Year Ended 31st December 2013 |
for |
Conway Saw and Supply Co. Limited |
Conway Saw and Supply Co. Limited (Registered number: 00584099) |
Contents of the Abbreviated Accounts |
for the Year Ended 31st December 2013 |
Page |
Company Information | 1 |
Chartered Accountants' Report | 2 |
Abbreviated Balance Sheet | 3 |
Notes to the Abbreviated Accounts | 5 |
Conway Saw and Supply Co. Limited |
Company Information |
for the Year Ended 31st December 2013 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
Chartered Accountants' Report to the Board of Directors |
on the Unaudited Financial Statements of |
Conway Saw and Supply Co. Limited |
The following reproduces the text of the report prepared for the directors in respect of the company's |
annual unaudited financial statements, from which the unaudited abbreviated accounts (set out on |
pages three to six) have been prepared. |
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your |
approval the financial statements of Conway Saw and Supply Co. Limited for the year ended |
31st December 2013 which comprise the Profit and Loss Account, the Balance Sheet and the related notes |
from the company's accounting records and from information and explanations you have given us. |
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we |
are subject to its ethical and other professional requirements which are detailed at |
icaew.com/membershandbook. |
This report is made solely to the Board of Directors of Conway Saw and Supply Co. Limited, as a body, in |
accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval |
the financial statements of Conway Saw and Supply Co. Limited and state those matters that we have agreed |
to state to the Board of Directors of Conway Saw and Supply Co. Limited, as a body, in this report in |
accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we |
do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a |
body, for our work or for this report. |
It is your duty to ensure that Conway Saw and Supply Co. Limited has kept adequate accounting records and |
to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial |
position and loss of Conway Saw and Supply Co. Limited. You consider that Conway Saw and Supply Co. |
Limited is exempt from the statutory audit requirement for the year. |
We have not been instructed to carry out an audit or a review of the financial statements of Conway Saw and |
Supply Co. Limited. For this reason, we have not verified the accuracy or completeness of the accounting |
records or information and explanations you have given to us and we do not, therefore, express any opinion |
on the statutory financial statements. |
Chartered Accountants |
19th May 2014 |
Conway Saw and Supply Co. Limited (Registered number: 00584099) |
Abbreviated Balance Sheet |
31st December 2013 |
31.12.13 | 31.12.12 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 2 |
CURRENT ASSETS |
Stocks |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital | 3 |
Profit and loss account |
SHAREHOLDERS' FUNDS |
Conway Saw and Supply Co. Limited (Registered number: 00584099) |
Abbreviated Balance Sheet - continued |
31st December 2013 |
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 financial statements were approved by the Board of Directors on behalf by: |
Conway Saw and Supply Co. Limited (Registered number: 00584099) |
Notes to the Abbreviated Accounts |
for the Year Ended 31st December 2013 |
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 net invoiced sales of goods, excluding value added tax, except in respect of |
service contracts where turnover is recognised when the company obtains the right to consideration. |
Tangible fixed assets |
Freehold property | - |
Stocks |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for |
obsolete and slow moving items. |
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 January 2013 |
and 31st December 2013 |
DEPRECIATION |
At 1st January 2013 |
Charge for year |
At 31st December 2013 |
NET BOOK VALUE |
At 31st December 2013 |
At 31st December 2012 |
Conway Saw and Supply Co. Limited (Registered number: 00584099) |
Notes to the Abbreviated Accounts - continued |
for the Year Ended 31st December 2013 |
3. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 31.12.13 | 31.12.12 |
value: | £ | £ |
Ordinary | £1 |