Abbreviated Company Accounts - W.A.S. & K.A. TAYLOR LTD.

W.A.S. & K.A. TAYLOR LTD. - Company Information

SC249871 W.A.S. & K.A. TAYLOR LTD. 2014-03-31 false 2013-04-01 2014-03-31 true SC249871 2013-04-01 2014-03-31 SC249871 2014-03-31 SC249871 2013-03-31 SC249871 uk-gaap-cd-bus:Director1 2013-04-01 2014-03-31 SC249871 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 SC249871

W.A.S. & K.A. TAYLOR LTD.

Abbreviated Accounts

31 March 2014

W.A.S. & K.A. TAYLOR LTD. Registered Number SC249871

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	5,450	6,624
		5,450	6,624
Current assets
Debtors		31,261	60,551
Cash at bank and in hand		217,502	169,105
		248,763	229,656
Creditors: amounts falling due within one year		(40,136)	(40,725)
Net current assets (liabilities)		208,627	188,931
Total assets less current liabilities		214,077	195,555
Total net assets (liabilities)		214,077	195,555
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		214,075	195,553
Shareholders' funds		214,077	195,555

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 16 December 2014

And signed on their behalf by:
W A S Taylor, Director

W.A.S. & K.A. TAYLOR LTD. Registered Number SC249871

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 value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Computer Equipment 25% reducing balance
Equipment 25% reducing balance

Other accounting policies
Deferred taxation
Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the rates which are expected to apply in the periods when the timing differences will reverse.

Pensions
The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

2Tangible fixed assets

	£
Cost
At 1 April 2013	19,832
Additions	643
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	20,475
Depreciation
At 1 April 2013	13,208
Charge for the year	1,817
On disposals	-
At 31 March 2014	15,025
Net book values
At 31 March 2014	5,450
At 31 March 2013	6,624

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

	2014 £	2013 £
2 Ordinary shares of £1 each	2	2