Curtis Wood Architects Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 04190673

Abbreviated Unaudited Accounts for the Year Ended 31 March 2014

for

Curtis Wood Architects Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Chartered Accountants' Report

6

DIRECTOR:

Mr A Wood

SECRETARY:

Dr R H Burslem

REGISTERED OFFICE:

Regency House

33 Wood Street

Barnet

Hertfordshire

EN5 4BE

REGISTERED NUMBER:

04190673

ACCOUNTANTS:

Cartwrights

Chartered Accountants and Business Advisors

Regency House

33 Wood Street

Barnet

Hertfordshire

EN5 4BE

FIXED ASSETS

Intangible assets

2

4,875

5,375

Tangible assets

3

28,117

35,994

32,992

41,369

CURRENT ASSETS

Stocks

9,400

14,400

Debtors

52

12,195

Prepayments and accrued income

3,471

4,420

Cash at bank and in hand

72,263

10,704

85,186

41,719

CREDITORS

Amounts falling due within one year

103,157

81,899

NET CURRENT LIABILITIES

(17,971

)

(40,180

)

TOTAL ASSETS LESS CURRENT LIABILITIES

15,021

1,189

PROVISIONS FOR LIABILITIES

3,215

-

NET ASSETS

11,806

1,189

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

11,706

1,089

SHAREHOLDERS' FUNDS

11,806

1,189

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 director acknowledges his 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 director on 23 December 2014 and were signed by:

Mr A Wood - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention.

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards

(United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as

otherwise stated).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Goodwill

Acquired goodwill is being amortised evenly over its estimated useful life of 20 years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

10% on cost

Plant and machinery etc

-

33% on cost and 25% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

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.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

and 31 March 2014

10,000

AMORTISATION

At 1 April 2013

4,625

Amortisation for year

500

At 31 March 2014

5,125

NET BOOK VALUE

At 31 March 2014

4,875

At 31 March 2013

5,375

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

135,682

Additions

2,054

At 31 March 2014

137,736

DEPRECIATION

At 1 April 2013

99,688

Charge for year

9,931

At 31 March 2014

109,619

NET BOOK VALUE

At 31 March 2014

28,117

At 31 March 2013

35,994

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

100

Ordinary shares

£1

100

100

The following reproduces the text of the report prepared for the director in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to five)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Curtis Wood Architects Limited for the year ended 31 March 2014 which comprise the Profit

and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from

information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject

to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the director of Curtis Wood Architects Limited in accordance with the terms of our

engagement letter dated 2 April 2012. Our work has been undertaken solely to prepare for your approval the financial

statements of Curtis Wood Architects Limited and state those matters that we have agreed to state to the director of

Curtis Wood Architects Limited in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To

the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its

director for our work or for this report.

It is your duty to ensure that Curtis Wood Architects Limited has kept adequate accounting records and to prepare

statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of

Curtis Wood Architects Limited. You consider that Curtis Wood Architects Limited is exempt from the statutory audit

requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Curtis Wood Architects

Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information

and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial

statements.

Cartwrights

Chartered Accountants and Business Advisors

Regency House

33 Wood Street

Barnet

Hertfordshire

EN5 4BE

Date: .............................................