Woodland Contractors Limited - Limited company - abbreviated - 11.6

Woodland Contractors Limited - Limited company - abbreviated - 11.6

WOODLAND CONTRACTORS LIMITED - Company Information

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REGISTERED NUMBER: 03510707 (England and Wales)















WOODLAND CONTRACTORS LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 28TH FEBRUARY 2014






WOODLAND CONTRACTORS LIMITED (REGISTERED NUMBER: 03510707)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 28TH FEBRUARY 2014




Page

Company Information 1

Abbreviated Balance Sheet 2 to 3

Notes to the Abbreviated Accounts 4 to 5

Chartered Accountants' Report 6

WOODLAND CONTRACTORS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 28TH FEBRUARY 2014







DIRECTORS: Mr N R Rands
Mrs H Rands



SECRETARY: Mr N R Rands



REGISTERED OFFICE: Grasmere Cottage
Lower Bentley Lane
Lower Bentley
Bromsgrove
Worcestershire
B60 4JB



REGISTERED NUMBER: 03510707 (England and Wales)



ACCOUNTANTS: Ormerod Rutter Limited
Chartered Accountants
The Oakley
Kidderminster Road
Droitwich
Worcestershire
WR9 9AY



BANKERS: HSBC Bank plc
Haydon House
Alcester Road
Studley
Warwickshire
B80 7AN
Page 1
WOODLAND CONTRACTORS LIMITED (REGISTERED NUMBER: 03510707)

ABBREVIATED BALANCE SHEET
28TH FEBRUARY 2014

2014 2013
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 18,382 22,993
Investment property 3 294,010 294,010
312,392 317,003

CURRENT ASSETS
Stocks 431,564 404,953
Debtors 1,334 1,422
Cash at bank 1,098 4,039
433,996 410,414
CREDITORS
Amounts falling due within one year 491,304 455,779
NET CURRENT LIABILITIES (57,308 ) (45,365 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
255,084
271,638

PROVISIONS FOR LIABILITIES 3,676 4,599
NET ASSETS 251,408 267,039

CAPITAL AND RESERVES
Called up share capital 4 500 500
Capital redemption reserve 500 500
Profit and loss account 250,408 266,039
SHAREHOLDERS' FUNDS 251,408 267,039

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28th February 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 28th February 2014 in accordance with Section 476 of the Companies Act 2006.

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 notes form part of these abbreviated accounts

Page 2 continued...
WOODLAND CONTRACTORS LIMITED (REGISTERED NUMBER: 03510707)

ABBREVIATED BALANCE SHEET - continued
28TH FEBRUARY 2014


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 Board of Directors on 19th November 2014 and were signed on its
behalf by:





Mr N R Rands - Director


The notes form part of these abbreviated accounts

Page 3
WOODLAND CONTRACTORS LIMITED (REGISTERED NUMBER: 03510707)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 28TH FEBRUARY 2014

1. ACCOUNTING POLICIES

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 goods and services, excluding value added tax.

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

Plant and machinery - 25% on reducing balance
Fixtures and fittings - 15% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in
market value is transferred to a revaluation reserve.

In accordance with FRSSE (effective April 2008) paragraph 6.50, no depreciation or amortisation is provided in
respect of investment property.

This treatment may be a departure from the requirements of the Companies Act 2006 concerning depreciation of
fixed assets. However, the investment property is not held for consumption but for investment and the directors
consider that systematic annual depreciation would be inappropriate. The accounting policy adopted is therefore
necessary for the accounts to give a true and fair view.

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.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1st March 2013 64,436
Additions 524
At 28th February 2014 64,960
DEPRECIATION
At 1st March 2013 41,443
Charge for year 5,135
At 28th February 2014 46,578
NET BOOK VALUE
At 28th February 2014 18,382
At 28th February 2013 22,993

Page 4 continued...
WOODLAND CONTRACTORS LIMITED (REGISTERED NUMBER: 03510707)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 28TH FEBRUARY 2014

3. INVESTMENT PROPERTY
Total
£   
COST
At 1st March 2013
and 28th February 2014 294,010
NET BOOK VALUE
At 28th February 2014 294,010
At 28th February 2013 294,010

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2014 2013
value: £    £   
1,000 Ordinary £1 500 500

5. ULTIMATE PARENT COMPANY

Agriline Products Holdings Limited is regarded by the directors as being the company's ultimate parent
company.

Page 5
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
WOODLAND CONTRACTORS LIMITED

The following reproduces the text of the report prepared for the directors 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 Woodland Contractors Limited for the year ended 28th February 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 Board of Directors of Woodland Contractors Limited, as a body, in accordance with
our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of
Woodland Contractors Limited and state those matters that we have agreed to state to the Board of Directors of
Woodland Contractors Limited, as a body, 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 Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Woodland Contractors 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 loss of
Woodland Contractors Limited. You consider that Woodland Contractors 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 Woodland Contractors
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.






Ormerod Rutter Limited
Chartered Accountants
The Oakley
Kidderminster Road
Droitwich
Worcestershire
WR9 9AY


19th November 2014

This page does not form part of the abbreviated accounts

Page 6