Wilbur Developments Limited - Limited company - abbreviated - 11.6
Wilbur Developments Limited - Limited company - abbreviated - 11.6
| REGISTERED NUMBER: |
| Abbreviated Unaudited Accounts |
| for the Year Ended 28 February 2014 |
| for |
| Wilbur Developments Limited |
| Wilbur Developments Limited (Registered number: 03324429) |
| Contents of the Abbreviated Accounts |
| for the Year Ended 28 February 2014 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| Wilbur Developments Limited |
| Company Information |
| for the Year Ended 28 February 2014 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| Wilbur Developments Limited (Registered number: 03324429) |
| Abbreviated Balance Sheet |
| 28 February 2014 |
| 2014 | 2013 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| Investments | 3 |
| CURRENT ASSETS |
| Debtors |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital | 4 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| The directors acknowledge their 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 financial statements were approved by the Board of Directors on its behalf by: |
| Wilbur Developments Limited (Registered number: 03324429) |
| Notes to the Abbreviated Accounts |
| for the Year Ended 28 February 2014 |
| 1. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| The directors consider the going concern basis to be appropriate because in the opinion of the Board, |
| the company will continue to obtain sufficient funding to enable it to pay its debts as they arise.If the |
| company were unable to obtain this funding and this did affect the ability of the company to trade going |
| forward, then the directors recognise that adjustments to the accounts would have to be made to some |
| assets to reduce their value to a realisable amount and there may be further liabilities to provide |
| against. |
| Accounting convention |
| The financial statements have been prepared under the historical cost convention and in accordance |
| with the Financial Reporting Standard for Smaller Entities (effective April 2008). |
| Turnover |
| Turnover represents net invoiced sales of services, excluding value added tax. |
| Tangible fixed assets |
| Land and buildings | - |
| Plant and machinery etc | - |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at |
| the balance sheet date. |
| Foreign currencies |
| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at |
| the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of |
| exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at |
| the operating result. |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 March 2013 |
| Additions |
| At 28 February 2014 |
| DEPRECIATION |
| At 1 March 2013 |
| Charge for year |
| At 28 February 2014 |
| NET BOOK VALUE |
| At 28 February 2014 |
| At 28 February 2013 |
| Wilbur Developments Limited (Registered number: 03324429) |
| Notes to the Abbreviated Accounts - continued |
| for the Year Ended 28 February 2014 |
| 3. | FIXED ASSET INVESTMENTS |
| Investments |
| other |
| than |
| loans |
| £ |
| COST |
| At 1 March 2013 |
| and 28 February 2014 | 5 |
| NET BOOK VALUE |
| At 28 February 2014 |
| At 28 February 2013 |
| The company's investments at the balance sheet date in the share capital of companies include the |
| following: |
| Country of incorporation: UK |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary | 100.00 |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary | 100.00 |
| £ | £ |
| Aggregate capital and reserves | 665,409 | (697,396 | ) |
| Profit/(loss) for the year | 35,072 | (24,393 | ) |
| 4. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2014 | 2013 |
| value: | £ | £ |
| Ordinary | £1 |