Abbreviated Company Accounts - WATSON CARPENTRY SERVICES LTD

WATSON CARPENTRY SERVICES LTD - Company Information

07418059 WATSON CARPENTRY SERVICES LTD 2013-10-31 false 2012-11-01 2013-10-31 true 07418059 2012-11-01 2013-10-31 07418059 2013-10-31 07418059 2012-10-31 07418059 uk-gaap-cd-bus:Director1 2012-11-01 2013-10-31 07418059 uk-gaap-cd-bus:Director2 2012-11-01 2013-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2012-11-01 2013-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2012-10-31 iso4217:GBP shares

Registered Number 07418059

WATSON CARPENTRY SERVICES LTD

Abbreviated Accounts

31 October 2013

WATSON CARPENTRY SERVICES LTD Registered Number 07418059

Abbreviated Balance Sheet as at 31 October 2013

	Notes	2013	2012
		£	£
Fixed assets
Intangible assets	2	14,000	16,000
Tangible assets	3	15,992	4,435
		29,992	20,435
Current assets
Debtors		6,337	60,774
Cash at bank and in hand		173,748	80,478
		180,085	141,252
Creditors: amounts falling due within one year		(98,168)	(97,076)
Net current assets (liabilities)		81,917	44,176
Total assets less current liabilities		111,909	64,611
Total net assets (liabilities)		111,909	64,611
Capital and reserves
Called up share capital	4	100	100
Profit and loss account		111,809	64,511
Shareholders' funds		111,909	64,611

For the year ending 31 October 2013 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 30 July 2014

And signed on their behalf by:
A Watson, Director

WATSON CARPENTRY SERVICES LTD Registered Number 07418059

Notes to the Abbreviated Accounts for the period ended 31 October 2013

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 net invoiced sales of goods and services, excluding value added tax. Where a service is incomplete at the year end, turnover represents the sales value of services provided based on an appropriate proportion of time spent. Any partially completed services that are un-billed at year end are recorded in accrued income within trade debtors.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Plant & machinery - 20% reducing balance
Fixtures, fittings & equipment - 25% reducing balance
Motor vehicles - 25% reducing balance

Intangible assets amortisation policy
Aquired goodwill is written off in equal installments over its estimated useful economic life.

2Intangible fixed assets

	£
Cost
At 1 November 2012	20,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2013	20,000
Amortisation
At 1 November 2012	4,000
Charge for the year	2,000
On disposals	-
At 31 October 2013	6,000
Net book values
At 31 October 2013	14,000
At 31 October 2012	16,000

3Tangible fixed assets

	£
Cost
At 1 November 2012	7,313
Additions	16,850
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2013	24,163
Depreciation
At 1 November 2012	2,878
Charge for the year	5,293
On disposals	-
At 31 October 2013	8,171
Net book values
At 31 October 2013	15,992
At 31 October 2012	4,435

4Called Up Share Capital
Allotted, called up and fully paid:

	2013 £	2012 £
100 Ordinary shares of £1 each	100	100