Abbreviated Company Accounts - WILBURN ASSOCIATES LTD

Abbreviated Company Accounts - WILBURN ASSOCIATES LTD

WILBURN ASSOCIATES LTD - Company Information

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Registered Number 06505364

WILBURN ASSOCIATES LTD

Abbreviated Accounts

28 February 2014

WILBURN ASSOCIATES LTD Registered Number 06505364

Abbreviated Balance Sheet as at 28 February 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 2,686 3,128
2,686 3,128
Current assets
Stocks 11,700 12,000
Debtors 8,400 14,400
Cash at bank and in hand 42,087 40,742
62,187 67,142
Creditors: amounts falling due within one year (22,866) (21,104)
Net current assets (liabilities) 39,321 46,038
Total assets less current liabilities 42,007 49,166
Total net assets (liabilities) 42,007 49,166
Capital and reserves
Called up share capital 100 100
Profit and loss account 41,907 49,066
Shareholders' funds 42,007 49,166
  • For the year ending 28 February 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 12 November 2014

And signed on their behalf by:
J Wilburn, Director

WILBURN ASSOCIATES LTD Registered Number 06505364

Notes to the Abbreviated Accounts for the period ended 28 February 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements are prepared under the historical cost convention and comply with financial
reporting standards of the Accounting Standards Board.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year.

Tangible assets depreciation policy
Fixtures, fittings
and equipment - 25% reducing balance

2Tangible fixed assets
£
Cost
At 1 March 2013 5,956
Additions 454
Disposals -
Revaluations -
Transfers -
At 28 February 2014 6,410
Depreciation
At 1 March 2013 2,828
Charge for the year 896
On disposals -
At 28 February 2014 3,724
Net book values
At 28 February 2014 2,686
At 28 February 2013 3,128