Willowbrook Landscapes Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 04965092 (England and Wales)

WILLOWBROOK LANDSCAPES LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31ST DECEMBER 2015

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mr C A Gordon

Mr S Holmes

SECRETARY:

Mrs L J Gordon

REGISTERED OFFICE:

11 Hillside Drive

Long Eaton

Nottingham

NG10 4AH

REGISTERED NUMBER:

04965092 (England and Wales)

ACCOUNTANTS:

UHY Hacker Young

Chartered Accountants

22 The Ropewalk

Nottingham

Nottinghamshire

NG1 5DT

FIXED ASSETS

Tangible assets

2

52,854

45,395

CURRENT ASSETS

Stocks

2,117

450

Debtors

40,261

53,616

Cash at bank and in hand

12,995

30,469

55,373

84,535

CREDITORS

Amounts falling due within one year

3

56,014

71,730

NET CURRENT (LIABILITIES)/ASSETS

(641

)

12,805

TOTAL ASSETS LESS CURRENT LIABILITIES

52,213

58,200

CREDITORS

Amounts falling due after more than one
year

3

(32,378

)

(25,172

)

PROVISIONS FOR LIABILITIES

(10,580

)

(10,860

)

NET ASSETS

9,255

22,168

CAPITAL AND RESERVES

Called up share capital

4

300

Retained earnings

8,955

21,868

SHAREHOLDERS' FUNDS

9,255

22,168

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2015 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 9th May 2016 and were signed on its
behalf by:

Mr C A Gordon - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015) and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents net invoiced sales of goods and services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

Straight line over 3 years

Motor vehicles

-

25% on reducing balance

Fixtures & fittings

-

25% on reducing balance

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 taxation is provided in full in respect of taxation deferred by timing differences between the

treatment of certain items for taxation and accounting purposes. The deferred tax balance has not

been discounted.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet.

Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held

under finance leases are depreciated over their estimated useful lives or the lease term, whichever is

the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital

element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period

of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the

company's pension scheme are charged to profit or loss in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st January 2015

153,746

Additions

30,819

Disposals

(23,605

)

At 31st December 2015

160,960

DEPRECIATION

At 1st January 2015

108,351

Charge for year

21,165

Eliminated on disposal

(21,410

)

At 31st December 2015

108,106

NET BOOK VALUE

At 31st December 2015

52,854

At 31st December 2014

45,395

3.

CREDITORS

Creditors include an amount of £ 47,301 (2014 - £ 37,345 ) for which security has been given.

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

100

Ordinary

£1

100

A

£1

100

B

£1

100

300