Abbreviated Company Accounts - SPICER WARIN LTD

Registered Number 07104558

SPICER WARIN LTD

Abbreviated Accounts

31 December 2014

SPICER WARIN LTD Registered Number 07104558

Abbreviated Balance Sheet as at 31 December 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	1	1
		1	1
Current assets
Stocks		1,172,754	1,015,700
Debtors		711,722	411,668
Cash at bank and in hand		36,037	157,836
		1,920,513	1,585,204
Creditors: amounts falling due within one year		(1,028,085)	(956,814)
Net current assets (liabilities)		892,428	628,390
Total assets less current liabilities		892,429	628,391
Total net assets (liabilities)		892,429	628,391
Capital and reserves
Called up share capital		100	100
Profit and loss account		892,329	628,291
Shareholders' funds		892,429	628,391

For the year ending 31 December 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 4 September 2015

And signed on their behalf by:
R Spicer, Director

SPICER WARIN LTD Registered Number 07104558

Notes to the Abbreviated Accounts for the period ended 31 December 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.
Plant and machinery - 20% straight line

2Tangible fixed assets

	£
Cost
At 1 January 2014	2,894
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2014	2,894
Depreciation
At 1 January 2014	2,893
Charge for the year	-
On disposals	-
At 31 December 2014	2,893
Net book values
At 31 December 2014	1
At 31 December 2013	1