Welcome Independent Living Ltd. - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 08404967 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD 15 FEBRUARY 2013 TO 28 FEBRUARY 2014

FOR

WELCOME INDEPENDENT LIVING LTD.

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

M A Coup

REGISTERED OFFICE:

Lane Cottage

Long Causeway

Blackshaw Head

Hebden Bridge

West Yorkshire

HX7 7JB

REGISTERED NUMBER:

08404967 (England and Wales)

ACCOUNTANTS:

Cresswells

Barclays Bank Chambers

Market Street

Hebden Bridge

West Yorkshire

HX7 6AD

FIXED ASSETS

Tangible assets

2

2,297

CURRENT ASSETS

Stocks

5,000

Debtors

19,918

Cash at bank and in hand

316

25,234

CREDITORS

Amounts falling due within one year

41,969

NET CURRENT LIABILITIES

(16,735

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(14,438

)

CAPITAL AND RESERVES

Called up share capital

3

1

Profit and loss account

(14,439

)

SHAREHOLDERS' FUNDS

(14,438

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 February 2014.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 February 2014 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 10 November 2014 and were signed by:

M A Coup - Director

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.

Tangible fixed assets

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

Fixtures and fittings

-

over 5 years

Computer equipment

-

over 3 years

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line

basis over the period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

3,184

At 28 February 2014

3,184

DEPRECIATION

Charge for period

887

At 28 February 2014

887

NET BOOK VALUE

At 28 February 2014

2,297

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary

0.01

1

100 Ordinary shares of 0.01 each were allotted and fully paid for cash at par during the period.