Westview Nurseries Ltd - Abbreviated accounts 16.3

Westview Nurseries Ltd - Abbreviated accounts 16.3

WESTVIEW NURSERIES LTD - Company Information

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REGISTERED NUMBER: 04661930 (England and Wales)













ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 AUGUST 2016

FOR

WESTVIEW NURSERIES LTD

WESTVIEW NURSERIES LTD (REGISTERED NUMBER: 04661930)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 AUGUST 2016




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

WESTVIEW NURSERIES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2016







DIRECTOR: B Tibbs





SECRETARY: Mrs J Tibbs





REGISTERED OFFICE: 12 Station Court
Station Approach
Wickford
Essex
SS11 7AT





REGISTERED NUMBER: 04661930 (England and Wales)





ACCOUNTANTS: Connah Goldsworthy
Chartered Certified Accountants
12 Station Court
Station Approach
Wickford
Essex
SS11 7AT
Page 1
WESTVIEW NURSERIES LTD (REGISTERED NUMBER: 04661930)

ABBREVIATED BALANCE SHEET
31 AUGUST 2016

31.8.16 31.8.15
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 12,500 15,000
Tangible assets 3 5,908 7,304
18,408 22,304

CURRENT ASSETS
Stocks 117,500 115,550
Debtors 1,747 1,472
Cash at bank 64,485 44,743
183,732 161,765
CREDITORS
Amounts falling due within one year 174,529 172,126
NET CURRENT ASSETS/(LIABILITIES) 9,203 (10,361 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
27,611
11,943

CAPITAL AND RESERVES
Called up share capital 4 2 2
Profit and loss account 27,609 11,941
SHAREHOLDERS' FUNDS 27,611 11,943

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 1 May 2017 and were signed by:





B Tibbs - Director


The notes form part of these abbreviated accounts

Page 2
WESTVIEW NURSERIES LTD (REGISTERED NUMBER: 04661930)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 AUGUST 2016

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 January 2015).

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

Goodwill
An impairment review of Goodwill has been carried out in the year and the director considers that the value of
Goodwill held should be written off over a period of 10 years, at a rate of £2,500 per annum.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property - 10% on cost
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 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 tax is recognised in respect of all timing differences that have originated but not reversed at the
balance sheet date.

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1 September 2015
and 31 August 2016 25,000
AMORTISATION
At 1 September 2015 10,000
Amortisation for year 2,500
At 31 August 2016 12,500
NET BOOK VALUE

At 31 August 2016 12,500
At 31 August 2015 15,000

Page 3 continued...
WESTVIEW NURSERIES LTD (REGISTERED NUMBER: 04661930)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 31 AUGUST 2016

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 September 2015
and 31 August 2016 38,119
DEPRECIATION
At 1 September 2015 30,815
Charge for year 1,396
At 31 August 2016 32,211
NET BOOK VALUE
At 31 August 2016 5,908
At 31 August 2015 7,304

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.8.16 31.8.15
value: £    £   
2 Ordinary 1 2 2

Page 4