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REGISTERED NUMBER: 06920092 (England and Wales)











Wooden Products Limited

Abbreviated Accounts

For The Year Ended 31 May 2015






Wooden Products Limited (Registered number: 06920092)






Contents of the Abbreviated Accounts
For The Year Ended 31 May 2015




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 2015

2015 2014
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 70,817 34,922

CURRENT ASSETS
Stocks 36,459 37,000
Debtors 46,837 60,240
Cash in hand 298 659
83,594 97,899
CREDITORS
Amounts falling due within one year 140,045 124,824
NET CURRENT LIABILITIES (56,451 ) (26,925 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

14,366

7,997

PROVISIONS FOR LIABILITIES 14,164 6,393
NET ASSETS 202 1,604

CAPITAL AND RESERVES
Called up share capital 3 1 1
Profit and loss account 201 1,603
SHAREHOLDERS' FUNDS 202 1,604

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

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

Wooden Products Limited (Registered number: 06920092)

Abbreviated Balance Sheet - continued
31 May 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 director on 16 November 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 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.

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 2014 75,296
Additions 49,016
At 31 May 2015 124,312
DEPRECIATION
At 1 June 2014 40,374
Charge for year 13,121
At 31 May 2015 53,495
NET BOOK VALUE
At 31 May 2015 70,817
At 31 May 2014 34,922

Wooden Products Limited (Registered number: 06920092)

Notes to the Abbreviated Accounts - continued
For The Year Ended 31 May 2015

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2015 2014
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 2015 and
31 May 2014:

2015 2014
£    £   
J Woolhouse
Balance outstanding at start of year 2,262 -
Amounts advanced - 18,314
Amounts repaid (2,262 ) (16,052 )
Balance outstanding at end of year - 2,262