Abbreviated Company Accounts - WD DRYWALL LTD.

Registered Number 07819606

WD DRYWALL LTD.

Abbreviated Accounts

31 March 2014

WD DRYWALL LTD. Registered Number 07819606

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	12,159	14,829
		12,159	14,829
Current assets
Stocks		106,967	1,000
Debtors		67,392	140,998
Cash at bank and in hand		80,322	24,001
		254,681	165,999
Creditors: amounts falling due within one year		(240,797)	(138,824)
Net current assets (liabilities)		13,884	27,175
Total assets less current liabilities		26,043	42,004
Creditors: amounts falling due after more than one year		(12,572)	(8,517)
Total net assets (liabilities)		13,471	33,487
Capital and reserves
Called up share capital		2	2
Profit and loss account		13,469	33,485
Shareholders' funds		13,471	33,487

For the year ending 31 March 2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 14 November 2014

And signed on their behalf by:
Mr R Doherty, Director

WD DRYWALL LTD. Registered Number 07819606

Notes to the Abbreviated Accounts for the period ended 31 March 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
The turnover shown in the profit and loss account represents amounts earned during the period, exclusive of VAT

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows : fixtures & fittings 15% reducing balance and Motor vehicles 25% reducing balance

2Tangible fixed assets

	£
Cost
At 1 April 2013	19,682
Additions	1,153
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	20,835
Depreciation
At 1 April 2013	4,853
Charge for the year	3,823
On disposals	-
At 31 March 2014	8,676
Net book values
At 31 March 2014	12,159
At 31 March 2013	14,829