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REGISTERED NUMBER: 03849146 (England and Wales)















Abbreviated Unaudited Accounts

for the Year Ended 30th September 2015

for

WILLIAM NELSON LIMITED

WILLIAM NELSON LIMITED (REGISTERED NUMBER: 03849146)

Contents of the Abbreviated Accounts
for the year ended 30th September 2015










Page

Company Information 1

Chartered Accountants' Report 2

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

WILLIAM NELSON LIMITED

Company Information
for the year ended 30th September 2015







DIRECTORS: Mr M Fry
Mr B Hunt
Mr S M Pullan





SECRETARY: Mr M Fry





REGISTERED OFFICE: The Old Exchange
234 Southchurch Road
Southend on Sea
Essex
SS1 2EG





REGISTERED NUMBER: 03849146 (England and Wales)





ACCOUNTANTS: Barrons
Chartered Accountants
Monometer House
Rectory Grove
Leigh on Sea
Essex
SS9 2HN

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
William Nelson 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 William Nelson Limited for the year ended 30th September 2015 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 William Nelson 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 William Nelson Limited and state those matters that we have agreed to state to the Board of Directors of William Nelson 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 William Nelson 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 William Nelson Limited. You consider that William Nelson 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 William Nelson 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.






Barrons
Chartered Accountants
Monometer House
Rectory Grove
Leigh on Sea
Essex
SS9 2HN


17th June 2016

WILLIAM NELSON LIMITED (REGISTERED NUMBER: 03849146)

Abbreviated Balance Sheet
30th September 2015

2015 2014
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 2,184 2,344

CURRENT ASSETS
Stocks 4,854,072 3,366,938
Debtors 45,115 53,167
Cash at bank 9,852 54,051
4,909,039 3,474,156
CREDITORS
Amounts falling due within one year 3 3,363,252 1,942,406
NET CURRENT ASSETS 1,545,787 1,531,750
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,547,971

1,534,094

CREDITORS
Amounts falling due after more than one
year

1,094,126

1,070,126
NET ASSETS 453,845 463,968

CAPITAL AND RESERVES
Called up share capital 4 3 3
Profit and loss account 453,842 463,965
SHAREHOLDERS' FUNDS 453,845 463,968

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th September 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 2015 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.

WILLIAM NELSON LIMITED (REGISTERED NUMBER: 03849146)

Abbreviated Balance Sheet - continued
30th September 2015


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 17th June 2016 and were signed on its behalf by:





Mr S M Pullan - Director


WILLIAM NELSON LIMITED (REGISTERED NUMBER: 03849146)

Notes to the Abbreviated Accounts
for the year ended 30th September 2015


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).

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 etc - 20% straight line

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow
moving items.

Included with the Stock figure is loan interest charged on loans which relate to properties held in Stock.

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 1st October 2014 9,143
Additions 1,117
At 30th September 2015 10,260
DEPRECIATION
At 1st October 2014 6,799
Charge for year 1,277
At 30th September 2015 8,076
NET BOOK VALUE
At 30th September 2015 2,184
At 30th September 2014 2,344

3. CREDITORS

Creditors include an amount of £ 2,965,089 (2014 - £ 1,830,358 ) for which security has been given.

WILLIAM NELSON LIMITED (REGISTERED NUMBER: 03849146)

Notes to the Abbreviated Accounts - continued
for the year ended 30th September 2015


4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2015 2014
value: £    £   
3 Ordinary £1 3 3