| Wychbury Engineering Services Limited |
| Registered number: |
02418646 |
| Abbreviated Balance Sheet |
| as at 28 February 2014 |
|
| Notes |
|
|
2014 |
|
|
2013 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
123,274 |
|
|
125,275 |
|
| Current assets |
| Stocks |
|
|
128,236 |
|
|
151,240 |
| Debtors |
|
|
49,172 |
|
|
15,349 |
| Cash at bank and in hand |
|
|
73,414 |
|
|
36,395 |
|
|
|
250,822 |
|
|
202,984 |
|
| Creditors: amounts falling due within one year |
|
|
(222,995) |
|
|
(196,003) |
|
| Net current assets |
|
|
|
27,827 |
|
|
6,981 |
|
| Total assets less current liabilities |
|
|
|
151,101 |
|
|
132,256 |
|
|
| Provisions for liabilities |
|
|
|
(495) |
|
|
(495) |
|
|
| Net assets |
|
|
|
150,606 |
|
|
131,761 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
3 |
|
|
100 |
|
|
100 |
| Profit and loss account |
|
|
|
150,506 |
|
|
131,661 |
|
| Shareholders' funds |
|
|
|
150,606 |
|
|
131,761 |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| Members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| M Silvester |
| Director |
| Approved by the board on 26 November 2014 |
|
| Wychbury Engineering Services Limited |
| Notes to the Abbreviated Accounts |
| for the year ended 28 February 2014 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
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 |
|
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant and machinery |
20% straight line |
|
Motor vehicles |
25% straight line |
|
|
Stocks |
|
Stock is valued at the lower of cost and net realisable value. |
|
|
| 2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 March 2013 |
150,992 |
|
At 28 February 2014 |
150,992 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 March 2013 |
25,717 |
|
Charge for the year |
2,001 |
|
At 28 February 2014 |
27,718 |
|
|
|
|
|
|
|
|
Net book value |
|
At 28 February 2014 |
123,274 |
|
At 28 February 2013 |
125,275 |
|
|
|
|
|
|
|
|
| 3 |
Share capital |
Nominal |
|
2014 |
|
2014 |
|
2013 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
100 |
|
100 |
|
100 |
|
|
|
|
|
|
|
|
|
