REGISTERED NUMBER: |
ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 31 MARCH 2013 |
FOR |
P WILLIAMS & SONS LIMITED |
REGISTERED NUMBER: |
ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 31 MARCH 2013 |
FOR |
P WILLIAMS & SONS LIMITED |
P WILLIAMS & SONS LIMITED (REGISTERED NUMBER: 06067361) |
CONTENTS OF THE ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 31 MARCH 2013 |
Page |
Company Information | 1 |
Chartered Certified Accountants' Report | 2 |
Abbreviated Balance Sheet | 3 | to | 4 |
Notes to the Abbreviated Accounts | 5 | to | 6 |
P WILLIAMS & SONS LIMITED |
COMPANY INFORMATION |
FOR THE YEAR ENDED 31 MARCH 2013 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS |
ON THE UNAUDITED FINANCIAL STATEMENTS OF |
P WILLIAMS & SONS LIMITED |
The following reproduces the text of the report prepared for the directors in respect of the company's annual |
unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages three to six) |
have been prepared. |
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the |
financial statements of P Williams & Sons Limited for the year ended 31 March 2013 which comprise the Profit and |
Loss Account, the Balance Sheet, and the related notes from the company's accounting records and from information and |
explanations you have given us. |
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and |
other professional requirements which are detailed at http://rulebook.accaglobal.com. |
This report is made solely to the Board of Directors of P Williams & Sons Limited, as a body, in accordance with our |
terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of P |
Williams & Sons Limited and state those matters that we have agreed to state to the Board of Directors of P Williams & |
Sons Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified |
Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not |
accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or |
for this report. |
It is your duty to ensure that P Williams & Sons Limited has kept adequate accounting records and to prepare statutory |
financial statements that give a true and fair view of the assets, liabilities, financial position and profit of P Williams & |
Sons Limited. You consider that P Williams & Sons Limited is exempt from the statutory audit requirement for the year. |
We have not been instructed to carry out an audit or a review of the financial statements of P Williams & Sons Limited. |
For this reason, we have not verified the accuracy or completeness of the accounting records or information and |
explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements. |
31 December 2013 |
P WILLIAMS & SONS LIMITED (REGISTERED NUMBER: 06067361) |
ABBREVIATED BALANCE SHEET |
31 MARCH 2013 |
2013 | 2012 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 2 |
CURRENT ASSETS |
Stocks |
Debtors | 3 |
CREDITORS |
Amounts falling due within one year | 4 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
CREDITORS |
Amounts falling due after more than one year |
4 |
NET LIABILITIES | ( |
) | ( |
) |
CAPITAL AND RESERVES |
Called up share capital | 5 |
Profit and loss account | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
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. |
P WILLIAMS & SONS LIMITED (REGISTERED NUMBER: 06067361) |
ABBREVIATED BALANCE SHEET - continued |
31 MARCH 2013 |
The financial statements were approved by the Board of Directors on by: |
P WILLIAMS & SONS LIMITED (REGISTERED NUMBER: 06067361) |
NOTES TO THE ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 31 MARCH 2013 |
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 the total invoice value, excluding value added tax, of sales made during the year and derives |
from the provision of goods and services falling within the company's ordinary activities. |
Tangible fixed assets |
Plant and machinery | - |
Fixtures, fittings and equipment | - |
Motor vehicles | - |
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 financial statements have been prepared on a going concern basis which assumes that the company will |
continue in existence for the foreseeable future. The validity of this assumption depends on the continued |
financial support of the directors and the company's bankers by providing adequate borrowing facilities. The |
directors intend to support the company and believe that their bankers will also continue to do so in the |
foreseeable future. The financial statements do not include any adjustments that would be necessary if this |
support was withdrawn. |
P WILLIAMS & SONS LIMITED (REGISTERED NUMBER: 06067361) |
NOTES TO THE ABBREVIATED ACCOUNTS - continued |
FOR THE YEAR ENDED 31 MARCH 2013 |
2. | TANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1 April 2012 |
Additions |
Disposals | ( |
) |
At 31 March 2013 |
DEPRECIATION |
At 1 April 2012 |
Charge for year |
Eliminated on disposal | ( |
) |
At 31 March 2013 |
NET BOOK VALUE |
At 31 March 2013 |
At 31 March 2012 |
3. | DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
The aggregate total of debtors falling due after more than one year is £ |
4. | CREDITORS |
Creditors include an amount of £ |
5. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2013 | 2012 |
value: | £ | £ |
Ordinary | £1 |
6. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
The following advances and credits to a director subsisted during the years ended 31 March 2013 and |
31 March 2012: |
2013 | 2012 |
£ | £ |
Balance outstanding at start of year |
Amounts advanced |
Amounts repaid |
Balance outstanding at end of year |