REGISTERED NUMBER: 07365798

Abbreviated Unaudited Accounts for the Year Ended 30 September 2013

for

Woosnam Dairies Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

D Woosnam

S Woosnam

REGISTERED OFFICE:

Bush House

39 Cardiff Road

Llandaff

Cardiff

South Glamorgan

CF5 2DP

REGISTERED NUMBER:

07365798

ACCOUNTANTS:

Norton Accountancy Ltd

7 Soundwell Road

Staple Hill

Bristol

BS16 4QG

FIXED ASSETS

Intangible assets

2

14,000

16,000

Tangible assets

3

65,215

61,304

79,215

77,304

CURRENT ASSETS

Stocks

2,083

2,083

Debtors

104,614

69,786

Cash at bank and in hand

6,696

8,370

113,393

80,239

CREDITORS

Amounts falling due within one year

175,665

130,458

NET CURRENT LIABILITIES

(62,272

)

(50,219

)

TOTAL ASSETS LESS CURRENT LIABILITIES

16,943

27,085

CREDITORS

Amounts falling due after more than one year

15,211

24,228

NET ASSETS

1,732

2,857

CAPITAL AND RESERVES

Called up share capital

4

10

10

Profit and loss account

1,722

2,847

SHAREHOLDERS' FUNDS

1,732

2,857

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2013 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.

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 26 June 2014 and were signed on its behalf by:

D Woosnam - 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of ten years.

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 etc

-

25% on reducing balance and 20% 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.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2012

and 30 September 2013

20,000

AMORTISATION

At 1 October 2012

4,000

Amortisation for year

2,000

At 30 September 2013

6,000

NET BOOK VALUE

At 30 September 2013

14,000

At 30 September 2012

16,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2012

99,460

Additions

27,194

Disposals

(4,700

)

At 30 September 2013

121,954

DEPRECIATION

At 1 October 2012

38,156

Charge for year

20,638

Eliminated on disposal

(2,055

)

At 30 September 2013

56,739

NET BOOK VALUE

At 30 September 2013

65,215

At 30 September 2012

61,304

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.13

30.9.12

value:

£

£

10

Ordinary

£1

10

10