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REGISTERED NUMBER: 06920092 (England and Wales)











Wooden Products Limited

Abbreviated Accounts

For The Year Ended 31 May 2014






Wooden Products Limited (Registered number: 06920092)






Contents of the Abbreviated Accounts
For The Year Ended 31 May 2014

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Page

Abbreviated Balance Sheet 1 to 2

Notes to the Abbreviated Accounts 3 to 4

Wooden Products Limited (Registered number: 06920092)

Abbreviated Balance Sheet
31 May 2014

2014 2013
Notes £    £    £    £   
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FIXED ASSETS
Tangible assets 2 34,922 38,033

CURRENT ASSETS
Stocks 37,000 36,058
Debtors 60,240 32,285
Cash in hand 659 532
97,899 68,875
CREDITORS
Amounts falling due within one year 124,824 96,727
NET CURRENT LIABILITIES (26,925 ) (27,852 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

7,997

10,181

PROVISIONS FOR LIABILITIES 6,393 6,941
NET ASSETS 1,604 3,240

CAPITAL AND RESERVES
Called up share capital 3 1 1
Profit and loss account 1,603 3,239
SHAREHOLDERS' FUNDS 1,604 3,240

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2014 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.

Wooden Products Limited (Registered number: 06920092)

Abbreviated Balance Sheet - continued
31 May 2014

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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 16 February 2015 and were signed by:





J Woolhouse - Director


Wooden Products Limited (Registered number: 06920092)

Notes to the Abbreviated Accounts
For The Year Ended 31 May 2014
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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.

Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on reducing balance

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
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis
over the period of the lease.

Going concern
The director considers that the company will continue to operate based on the current financial
information and continued support of its director. On this basis the director considers it appropriate to
prepare the accounts on a going concern basis.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 June 2013 71,698
Additions 3,598
At 31 May 2014 75,296
DEPRECIATION
At 1 June 2013 33,665
Charge for year 6,709
At 31 May 2014 40,374
NET BOOK VALUE
At 31 May 2014 34,922
At 31 May 2013 38,033

Wooden Products Limited (Registered number: 06920092)

Notes to the Abbreviated Accounts - continued
For The Year Ended 31 May 2014
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3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2014 2013
value: £    £   
1 Ordinary £1 1 1

4. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 May 2014 and
31 May 2013:

2014 2013
£    £   
J Woolhouse
Balance outstanding at start of year - -
Amounts advanced 18,314 -
Amounts repaid (16,052 ) -
Balance outstanding at end of year 2,262 -