WESTON_HEATH_LIMITED - Accounts

WESTON HEATH LIMITED - Company Information

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Company Registration No. 07608716 (England and Wales)

WESTON HEATH LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2016

WESTON HEATH LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

WESTON HEATH LIMITED

ABBREVIATED BALANCE SHEET

AS AT

30 APRIL 2016

- 1 -

2016

2015

Notes

Fixed assets

Tangible assets

257

876

Current assets

Stocks

64,467

64,551

Debtors

9,704

4,909

Cash at bank and in hand

8,876

17,810

83,047

87,270

Creditors: amounts falling due within one year

(42,839)

(59,159)

Net current assets

40,208

28,111

Total assets less current liabilities

40,465

28,987

Provisions for liabilities

(90)

(175)

40,375

28,812

Capital and reserves

Called up share capital

Profit and loss account

40,373

28,810

Shareholder's funds

40,375

28,812

For the financial year ended 30 April 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 31 January 2017

Mr E Nathanson

Director

Company Registration No. 07608716

WESTON HEATH LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 APRIL 2016

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Computer equipment

3 years straight line

1.5

Stock

Stock is valued at the lower of cost and net realisable value.

1.6

Deferred taxation

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.

Fixed assets

Tangible assets

Cost

At 1 May 2015 & at 30 April 2016

1,856

Depreciation

At 1 May 2015

980

Charge for the year

619

At 30 April 2016

1,599

Net book value

At 30 April 2016

257

At 30 April 2015

876

WESTON HEATH LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 30 APRIL 2016

- 3 -

Share capital

2016

2015

Allotted, called up and fully paid

2 Ordinary Shares of £1 each