REGISTERED NUMBER: 05071493

ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2014

FOR

WENNING SURFACING LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mr R Bradshaw

Mrs S Bradshaw

Mr M D'Arcy

SECRETARY:

Mrs S Bradshaw

REGISTERED OFFICE:

Rustic Cottage

Cowan Bridge

Carnforth

Lancashire

LA6 2HS

REGISTERED NUMBER:

05071493

ACCOUNTANTS:

Brosnans

Chartered Accountants

Enterprise House

56-58 Main Street

High Bentham

Lancaster

North Yorkshire

LA2 7HY

FIXED ASSETS

Intangible assets

2

42,000

45,000

Tangible assets

3

57,330

46,613

99,330

91,613

CURRENT ASSETS

Debtors

39,005

37,422

Cash at bank

30,115

25,782

69,120

63,204

CREDITORS

Amounts falling due within one year

150,333

151,825

NET CURRENT LIABILITIES

(81,213

)

(88,621

)

TOTAL ASSETS LESS CURRENT LIABILITIES

18,117

2,992

CREDITORS

Amounts falling due after more than one year

(2,647

)

-

PROVISIONS FOR LIABILITIES

(11,465

)

-

NET ASSETS

4,005

2,992

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

3,905

2,892

SHAREHOLDERS' FUNDS

4,005

2,992

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 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 19 August 2014 and were signed on its behalf by:

Mr R Bradshaw - Director

Mr M D'Arcy - 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 services, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2008, is being amortised evenly over its estimated useful life of twenty years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Computer equipment

-

33% on cost

Deferred tax

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

at the balance sheet date.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet.

Those held under hire purchase contracts are depreciated over their estimated useful lives. Those

held under finance leases are depreciated over their estimated useful lives or the lease term,

whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant

period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis

over the period of the lease.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

and 31 March 2014

60,000

AMORTISATION

At 1 April 2013

15,000

Amortisation for year

3,000

At 31 March 2014

18,000

NET BOOK VALUE

At 31 March 2014

42,000

At 31 March 2013

45,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

128,133

Additions

43,485

Disposals

(33,560

)

At 31 March 2014

138,058

DEPRECIATION

At 1 April 2013

81,520

Charge for year

19,246

Eliminated on disposal

(20,038

)

At 31 March 2014

80,728

NET BOOK VALUE

At 31 March 2014

57,330

At 31 March 2013

46,613

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

100

Ordinary

1

100

100