Woodward Associates (UK) Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 03297090 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2014

FOR

WOODWARD ASSOCIATES (UK) LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mr R H E Woodward

Mrs K M Woodward

SECRETARY:

Mr R H E Woodward

REGISTERED OFFICE:

3 Clarence Crescent

Windsor

Berkshire

SL4 5DT

REGISTERED NUMBER:

03297090 (England and Wales)

ACCOUNTANTS:

Fraser CGA Winchester

Luccam House

Church Lane

Twyford

Winchester

Hampshire

SO21 1NT

FIXED ASSETS

Tangible assets

2

317,312

319,221

Investments

3

6,500

6,500

323,812

325,721

CURRENT ASSETS

Debtors

192,455

154,237

Cash at bank

425,006

342,548

617,461

496,785

CREDITORS

Amounts falling due within one year

(409,574

)

(350,869

)

NET CURRENT ASSETS

207,887

145,916

TOTAL ASSETS LESS CURRENT LIABILITIES

531,699

471,637

CAPITAL AND RESERVES

Called up share capital

4

102

102

Profit and loss account

531,597

471,535

SHAREHOLDERS' FUNDS

531,699

471,637

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 8 December 2014 and were signed on its behalf by:

Mr R H E Woodward - 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

-

25% on reducing balance

Computer equipment

-

33.33% straight line

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are

charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

396,226

Additions

4,454

Disposals

(69,430

)

At 31 March 2014

331,250

DEPRECIATION

At 1 April 2013

77,005

Charge for year

4,753

Eliminated on disposal

(67,820

)

At 31 March 2014

13,938

NET BOOK VALUE

At 31 March 2014

317,312

At 31 March 2013

319,221

3.	FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:

2014

2013

£

£

Vintage car

6,500

6,500

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

102

Ordinary

£1

102

102