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REGISTERED NUMBER: 05240252 (England and Wales)















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: 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 2015

31.3.15 31.3.14
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 13,223 14,115

CURRENT ASSETS
Stocks 127,350 132,191
Debtors 977,083 1,267,809
Cash at bank 303,496 318,141
1,407,929 1,718,141
CREDITORS
Amounts falling due within one year 1,209,170 1,579,369
NET CURRENT ASSETS 198,759 138,772
TOTAL ASSETS LESS CURRENT
LIABILITIES

211,982

152,887

CREDITORS
Amounts falling due after more than one
year

(2,999
)
(7,497
)

PROVISIONS FOR LIABILITIES (2,143 ) (2,221 )
NET ASSETS 206,840 143,169

CAPITAL AND RESERVES
Called up share capital 3 100 100
Profit and loss account 206,740 143,069
SHAREHOLDERS' FUNDS 206,840 143,169

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

Workspace Design And Build Limited (Registered number: 05240252)

Abbreviated Balance Sheet - continued
31 March 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 3 July 2015 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 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
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 2014 31,288
Additions 8,418
At 31 March 2015 39,706
DEPRECIATION
At 1 April 2014 17,173
Charge for year 9,310
At 31 March 2015 26,483
NET BOOK VALUE
At 31 March 2015 13,223
At 31 March 2014 14,115

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.