WINBROOKS_LIMITED - Accounts

WINBROOKS LIMITED - Company Information

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Company Registration No. 04683633 (England and Wales)

WINBROOKS LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2016

WINBROOKS LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

WINBROOKS LIMITED

ABBREVIATED BALANCE SHEET

AS AT

30 SEPTEMBER 2016

- 1 -

2016

2015

Notes

Fixed assets

Tangible assets

4,783

6,377

Current assets

Stocks

1,865,313

1,854,795

Debtors

64,281

54,153

Cash at bank and in hand

2,698

940

1,932,292

1,909,888

Creditors: amounts falling due within one year

(2,006,144)

(1,937,373)

Net current liabilities

(73,852)

(27,485)

Total assets less current liabilities

(69,069)

(21,108)

(69,069)

(21,108)

Capital and reserves

Called up share capital

100

Profit and loss account

(69,169)

(21,208)

Shareholders' funds

(69,069)

(21,108)

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

Directors' responsibilities:

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

The directors acknowledge their 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 and authorised for issue on 2 April 2017

I Mills

Director

Company Registration No. 04683633

WINBROOKS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 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).

The company meets its day to day working capital requirements through funding from the directors.

The nature of the company's business is such that there can be considerable unpredictable variation in the timing of cash inflows. The directors have prepared projected cash flow information for the period ending 9 months from the date of their approval of these financial statements. On the basis of this cash flow information the directors consider that the company will continue to operate.

On this basis, the directors consider it appropriate to prepare the financial statements on the going concern basis.

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:

Fixtures, fittings & equipment

25% Reducing balance basis

Motor vehicles

25% Reducing balance basis

Fixed assets

Tangible assets

Cost

At 1 October 2015 & at 30 September 2016

27,700

Depreciation

At 1 October 2015

21,323

Charge for the year

1,594

At 30 September 2016

22,917

Net book value

At 30 September 2016

4,783

At 30 September 2015

6,377

WINBROOKS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 30 SEPTEMBER 2016

- 3 -

Share capital

2016

2015

Allotted, called up and fully paid

100 Ordinary shares of £1 each

100