REGISTERED NUMBER: 06902903 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2015

FOR

WILLIAMS BUILD & DESIGN LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

J Williams

REGISTERED OFFICE:

Griffin Court

201 Chapel Street

Manchester

M3 5EQ

REGISTERED NUMBER:

06902903 (England and Wales)

ACCOUNTANTS:

KAY JOHNSON GEE LLP

Griffin Court

201 Chapel Street

Manchester

M3 5EQ

FIXED ASSETS

Tangible assets

2

140,088

89,742

CURRENT ASSETS

Stocks

500

500

Debtors

328,809

313,971

Cash at bank

865,934

425,521

1,195,243

739,992

CREDITORS

Amounts falling due within one year

3

867,849

618,500

NET CURRENT ASSETS

327,394

121,492

TOTAL ASSETS LESS CURRENT LIABILITIES

467,482

211,234

CREDITORS

Amounts falling due after more than one year

3

(75,781

)

(13,690

)

PROVISIONS FOR LIABILITIES

(28,017

)

(17,521

)

NET ASSETS

363,684

180,023

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

363,584

179,923

SHAREHOLDERS' FUNDS

363,684

180,023

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 7th December 2015 and were signed by:

J Williams - 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 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.

Plant and machinery

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Office equipment

-

33% on cost

Stocks

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

slow moving items.

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 1st April 2014

142,902

Additions

77,130

Disposals

(17,100

)

At 31st March 2015

202,932

DEPRECIATION

At 1st April 2014

53,160

Charge for year

17,974

Eliminated on disposal

(8,290

)

At 31st March 2015

62,844

NET BOOK VALUE

At 31st March 2015

140,088

At 31st March 2014

89,742

3.

CREDITORS

Creditors include an amount of £ 88,081 (31.3.14 - £ 29,675 ) for which security has been given.

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.15

31.3.14

value:

£

£

50

Ordinary "A"

£1

50

50

50

Ordinary "B"

£1

50

50

100

100

5.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the year end J Williams (Director) owed the company £4,000 (2014: £52,000).

6.	SECURED DEBTS

Amounts due under finance leases and hire purchase contracts are secured on the relevant assets.