05240252 1.4.13 31.3.14 31.3.14 Company accounts Private Limited Company FY true false true false true false false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure052402522013-03-31052402522014-03-31052402522013-04-012014-03-31052402522012-03-31052402522012-04-012013-03-31052402522013-03-3105240252ns12:England2013-04-012014-03-3105240252ns14:PoundSterling2013-04-012014-03-3105240252ns7:Director12013-04-012014-03-3105240252ns7:Director22013-04-012014-03-3105240252ns7:Director32013-04-012014-03-3105240252ns7:CompanySecretary2013-04-012014-03-3105240252ns7:RegisteredOffice2013-04-012014-03-3105240252ns7:EntityAccountantsOrAuditors2013-04-012014-03-3105240252ns5:PlantMachinery2013-04-012014-03-3105240252ns5:MotorVehicles2013-04-012014-03-31
REGISTERED NUMBER: 05240252 (England and Wales)















Abbreviated Unaudited Accounts for the Year Ended 31 March 2014

for

Workspace Design And Build Limited

Workspace Design And Build Limited (Registered number: 05240252)






Contents of the Abbreviated Accounts
for the Year Ended 31 March 2014




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

Workspace Design And Build Limited

Company Information
for the Year Ended 31 March 2014







DIRECTORS: R M J Davis
D M G Barfield
I Reynolds





SECRETARY: D M G Barfield





REGISTERED OFFICE: Cornwall Buildings
45 - 51 Newhall Street
Birmingham
West Midlands
B3 3QR





REGISTERED NUMBER: 05240252 (England and Wales)





ACCOUNTANTS: MulliganWilliams
4 Long Street
Stoney Stanton
LEICESTER
LE9 4DQ

Workspace Design And Build Limited (Registered number: 05240252)

Abbreviated Balance Sheet
31 March 2014

31.3.14 31.3.13
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 14,115 918

CURRENT ASSETS
Stocks 132,191 135,612
Debtors 1,267,809 313,243
Cash at bank 318,141 113,295
1,718,141 562,150
CREDITORS
Amounts falling due within one year 1,579,369 452,918
NET CURRENT ASSETS 138,772 109,232
TOTAL ASSETS LESS CURRENT
LIABILITIES

152,887

110,150

CREDITORS
Amounts falling due after more than one
year

(7,497
)
-

PROVISIONS FOR LIABILITIES (2,221 ) -
NET ASSETS 143,169 110,150

CAPITAL AND RESERVES
Called up share capital 3 100 100
Profit and loss account 143,069 110,050
SHAREHOLDERS' FUNDS 143,169 110,150

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.

Workspace Design And Build Limited (Registered number: 05240252)

Abbreviated Balance Sheet - continued
31 March 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 1 August 2014 and were signed on its behalf by:





R M J Davis - Director


Workspace Design And Build Limited (Registered number: 05240252)

Notes to the Abbreviated Accounts
for the Year Ended 31 March 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, 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Equipment - 50% on cost
Motor vehicles - 25% on cost

Work in progress
Work in progress is valued on the basis of direct costs plus attributable overheads. Provision is made for any
foreseeable losses where appropriate. Where the company undertakes developments, work in progress includes
the attributable costs after deducting amounts taken to cost of sales less payments received.

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.

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 April 2013 27,348
Additions 16,140
Disposals (12,200 )
At 31 March 2014 31,288
DEPRECIATION
At 1 April 2013 26,430
Charge for year 2,943
Eliminated on disposal (12,200 )
At 31 March 2014 17,173
NET BOOK VALUE
At 31 March 2014 14,115
At 31 March 2013 918

Workspace Design And Build Limited (Registered number: 05240252)

Notes to the Abbreviated Accounts - continued
for the Year Ended 31 March 2014

3. CALLED UP SHARE CAPITAL

Allotted,issued and fully paid:

Number:

Class:

Nominal
Value

31.3.14

31.3.13

6998 Ordinary A £0.01 69.98 70.00
2993 Ordinary B £0.01 29.93 30.00
1 Ordinary C £0.01 0.01 -
1 Ordinary D £0.01 0.01 -
1 Ordinary E £0.01 0.01 -
1 Ordinary F £0.01 0.01 -
1 Ordinary G £0.01 0.01 -
1 Ordinary H £0.01 0.01 -
1 Ordinary I £0.01 0.01 -
1 Ordinary J £0.01 0.01 -
1 Ordinary K £0.01 0.01 -

100.00 100.00
======= =======


On the 25 March 2014, a special resolution was passed:
1 'A' & 2 'B' Ordinary £0.01shares held by R M J Davis were re-designated to 1 ' C' , 1 'D' & 1 'E' Ordinary
£0.01 shares respectively.
1 'A' & 2 'B' Ordinary £0.01 shares held by D M G Barfield were re-designated to 1 'E', 1 'F' & 1 'J' Ordinary
£0.01shares respectively.
3 'B' Ordinary £0.01 shares held by I Reynolds were re-designated to 1 'G' ,1 'H' & 1 'K' Ordinary £0.01 shares
respectively.

4. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the start of the year Mr R M J Davis had a loan account balance of £66 in hand. During the year he was
advanced £79,848 and credited with £79,823 leaving a balance in hand of £41 at the year end.

At the start of the year Mr D M G Barfield had a loan account balance of £2,639 in hand. During the year he was
advanced £78,736 and credited with £76,112 leaving a balance in hand of £15 at the year end.

At the start of the year Mr I Reynolds had a loan account balance of £82 in hand. During the year he was
advanced £52,173 and credited with £52,102 leaving a balance in hand of £11 at the year end.