F. R. WARREN & CO. LIMITED

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 AUGUST 2014

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

R Burden

SECRETARY:

Mrs M J Burden

REGISTERED OFFICE:

Unit 10

Ashley Hill Trading Estate

Ashley Parade

Bristol

BS2 9XS

REGISTERED NUMBER:

00583387 (England and Wales)

ACCOUNTANTS:

four fifty partnership

Chartered Accountants

34 Boulevard

Weston-super-Mare

North Somerset

BS23 1NF

FIXED ASSETS

Tangible assets

2

36,721

44,375

CURRENT ASSETS

Stocks

22,684

23,742

Debtors

78,326

82,861

Cash at bank and in hand

47,835

40,357

148,845

146,960

CREDITORS

Amounts falling due within one year

3

89,376

101,708

NET CURRENT ASSETS

59,469

45,252

TOTAL ASSETS LESS CURRENT LIABILITIES

96,190

89,627

CREDITORS

Amounts falling due after more than one year

3

(6,300

)

(9,655

)

PROVISIONS FOR LIABILITIES

(6,752

)

(8,153

)

NET ASSETS

83,138

71,819

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

83,038

71,719

SHAREHOLDERS' FUNDS

83,138

71,819

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 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 director on 5 May 2015 and were signed by:

R Burden - Director

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, excluding value added tax, except in respect of

service contracts where turnover is recognised when the company obtains the right to

consideration.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery

-

10% on reducing balance

Motor vehicles

-

20% on reducing balance

Computer equipment

-

33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving items.

Stocks are valued on a first in first out basis.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed

at the balance sheet date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the

company's pension scheme are charged to the profit and loss account in the period to which they

relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2013

127,096

Disposals

(7,254

)

At 31 August 2014

119,842

DEPRECIATION

At 1 September 2013

82,721

Charge for year

4,502

Eliminated on disposal

(4,102

)

At 31 August 2014

83,121

NET BOOK VALUE

At 31 August 2014

36,721

At 31 August 2013

44,375

3.

CREDITORS

Creditors include an amount of £ 2,455 (2013 - £ 6,663 ) for which security has been given.

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

100

Ordinary

£1

100

100