REGISTERED NUMBER: |
Abbreviated Unaudited Accounts for the Year Ended 31 March 2015 |
for |
Workspace Design And Build Limited |
REGISTERED NUMBER: |
Abbreviated Unaudited Accounts for the Year Ended 31 March 2015 |
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 2015 |
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 2015 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Workspace Design And Build Limited (Registered number: 05240252) |
Abbreviated Balance Sheet |
31 March 2015 |
31.3.15 | 31.3.14 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 2 |
CURRENT ASSETS |
Stocks |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
( |
) | ( |
) |
PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 3 |
Profit and loss account |
SHAREHOLDERS' FUNDS |
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 2015 |
The financial statements were approved by the Board of Directors on |
Workspace Design And Build Limited (Registered number: 05240252) |
Notes to the Abbreviated Accounts |
for the Year Ended 31 March 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). |
Turnover |
Turnover represents net invoiced sales of goods, excluding value added tax. |
Tangible fixed assets |
Equipment | - |
Motor vehicles | - |
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 2014 |
Additions |
At 31 March 2015 |
DEPRECIATION |
At 1 April 2014 |
Charge for year |
At 31 March 2015 |
NET BOOK VALUE |
At 31 March 2015 |
At 31 March 2014 |
Workspace Design And Build Limited (Registered number: 05240252) |
Notes to the Abbreviated Accounts - continued |
for the Year Ended 31 March 2015 |
3. | CALLED UP SHARE CAPITAL |
Allotted,issued and fully paid: |
Number: |
Class: |
Nominal Value |
31.3.15 |
31.3.14 |
6998 | Ordinary A | £0.01 | 69.98 | 69.98 |
2993 | Ordinary B | £0.01 | 29.93 | 29.93 |
1 | Ordinary C | £0.01 | 0.01 | 0.01 |
1 | Ordinary D | £0.01 | 0.01 | 0.01 |
1 | Ordinary E | £0.01 | 0.01 | 0.01 |
1 | Ordinary F | £0.01 | 0.01 | 0.01 |
1 | Ordinary G | £0.01 | 0.01 | 0.01 |
1 | Ordinary H | £0.01 | 0.01 | 0.01 |
1 | Ordinary I | £0.01 | 0.01 | 0.01 |
1 | Ordinary J | £0.01 | 0.01 | 0.01 |
1 | Ordinary K | £0.01 | 0.01 | 0.01 |
100.00 | 100.00 |
======= | ======= |
4. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
At the start of the year Mr R M J Davis had a loan account balance of £41 in hand. During the year he was |
advanced £120,580 and credited with £65,100 leaving a balance of £55,439 overdrawn at the year end. |
At the start of the year Mr D M G Barfield had a loan account balance of £15 in hand. During the year he was |
advanced £96,417 and credited with £59,600 leaving a balance of £36,802 overdrawn at the year end. |
At the start of the year Mr I Reynolds had a loan account balance of £10 in hand. During the year he was |
advanced £49,903 and credited with £51,900 leaving a balance in hand of £2,007 at the year end. |