Abbreviated Company Accounts - WORTH FURNISHING LIMITED

WORTH FURNISHING LIMITED - Company Information

05215511 WORTH FURNISHING LIMITED 2014-03-31 false 2013-04-01 2014-03-31 true 05215511 2013-04-01 2014-03-31 05215511 2014-03-31 05215511 2013-03-31 05215511 uk-gaap-cd-bus:Director1 2013-04-01 2014-03-31 05215511 uk-gaap-cd-bus:Director2 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-03-31 iso4217:GBP shares

Registered Number 05215511

WORTH FURNISHING LIMITED

Abbreviated Accounts

31 March 2014

WORTH FURNISHING LIMITED Registered Number 05215511

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	55,198	18,602
		55,198	18,602
Current assets
Stocks		61,454	113,456
Debtors		49,415	8,348
Cash at bank and in hand		30,331	4,479
		141,200	126,283
Creditors: amounts falling due within one year		(102,864)	(79,363)
Net current assets (liabilities)		38,336	46,920
Total assets less current liabilities		93,534	65,522
Total net assets (liabilities)		93,534	65,522
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		93,434	65,422
Shareholders' funds		93,534	65,522

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 17 December 2014

And signed on their behalf by:
S BUTTERWORTH, Director

WORTH FURNISHING LIMITED Registered Number 05215511

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
Turnover represents the total invoice value, excluding VAT, of sales made during the year.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off asset cost less residual value over the expected useful life as follows:

Leasehold Property - straight line over lease term - currently 10%
Plant and machinery - 25% straight line

2Tangible fixed assets

	£
Cost
At 1 April 2013	39,928
Additions	47,880
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	87,808
Depreciation
At 1 April 2013	21,326
Charge for the year	11,284
On disposals	-
At 31 March 2014	32,610
Net book values
At 31 March 2014	55,198
At 31 March 2013	18,602

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
100 Ordinary shares of £1 each	100	100