REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
David Whitehead & Sons Limited |
|
Abbreviated Unaudited Accounts |
|
for the Year Ended 30 September 2016 |
|
|
|
|
|
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
David Whitehead & Sons Limited |
|
Abbreviated Unaudited Accounts |
|
for the Year Ended 30 September 2016 |
|
|
|
|
|
David Whitehead & Sons Limited (Registered number: 00909213) |
|
|
|
|
|
|
Contents of the Abbreviated Accounts |
for the year ended 30 September 2016 |
|
|
|
|
Page |
|
Company Information | 1 |
|
Abbreviated Balance Sheet | 2 |
|
Notes to the Abbreviated Accounts | 4 |
David Whitehead & Sons Limited |
|
Company Information |
for the year ended 30 September 2016 |
|
|
|
|
|
|
|
DIRECTORS: |
|
|
|
|
|
|
|
SECRETARY: |
|
|
|
|
|
|
REGISTERED OFFICE: |
|
|
|
|
|
|
|
|
|
|
|
REGISTERED NUMBER: |
|
|
|
|
|
|
ACCOUNTANTS: |
|
Chartered Accountants |
|
|
|
|
|
|
David Whitehead & Sons Limited (Registered number: 00909213) |
|
Abbreviated Balance Sheet |
30 September 2016 |
|
2016 | 2015 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 2 |
|
|
Investments | 3 |
|
|
Investment property | 4 |
|
|
|
|
|
CURRENT ASSETS |
Stocks |
|
|
Debtors |
|
|
Cash at bank and in hand |
|
|
|
|
CREDITORS |
Amounts falling due within one year |
|
|
NET CURRENT ASSETS |
|
|
TOTAL ASSETS LESS CURRENT
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. |
David Whitehead & Sons Limited (Registered number: 00909213) |
|
Abbreviated Balance Sheet - continued |
30 September 2016 |
|
|
|
|
|
The financial statements were approved by the Board of Directors on
behalf by: |
|
|
|
|
|
|
|
David Whitehead & Sons Limited (Registered number: 00909213) |
|
Notes to the Abbreviated Accounts |
for the year ended 30 September 2016 |
|
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 January 2015). |
|
Turnover |
Turnover represents sales of goods, excluding value added tax. |
|
Tangible fixed assets |
|
|
Freehold property | - |
|
Fixtures and fittings | - |
|
Motor vehicles | - |
|
|
Investment property |
In accordance with Statement of Standard Accounting Practice No. 19, certain of the company's |
properties are held for long-term investment and are included in the Balance Sheet at their open |
market values. The surplus or deficit on revaluation of such properties are transferred to the |
investment property revaluation reserve. Depreciation is not provided in respect of freehold investment |
properties. This policy represents a departure from the requirements of the Companies Act, which |
requires depreciation to be provided on all fixed assets. The directors consider that this policy is |
necessary in order that the Financial Statements may give a true and fair view because current values |
and changes in current values are of prime importance rather than the calculation of systematic annual |
depreciation. Depreciation is only one of many factors reflected in the valuation and the amount which |
might otherwise have been shown cannot be separately identified or quantified. |
|
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. |
|
Foreign currencies |
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at |
the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of |
exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at |
the operating result. |
|
Investments |
Investments are stated at the lower of cost and market value. |
David Whitehead & Sons Limited (Registered number: 00909213) |
|
Notes to the Abbreviated Accounts - continued |
for the year ended 30 September 2016 |
|
2. | TANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1 October 2015 |
|
Additions |
|
Disposals | ( |
) |
At 30 September 2016 |
|
DEPRECIATION |
At 1 October 2015 |
|
Charge for year |
|
Eliminated on disposal | ( |
) |
At 30 September 2016 |
|
NET BOOK VALUE |
At 30 September 2016 |
|
At 30 September 2015 |
|
|
3. | FIXED ASSET INVESTMENTS |
Investments |
other |
than |
loans |
£ |
COST |
At 1 October 2015 |
and 30 September 2016 | 300 |
NET BOOK VALUE |
At 30 September 2016 |
|
At 30 September 2015 |
|
|
4. | INVESTMENT PROPERTY |
Total |
£ |
COST |
At 1 October 2015 |
|
Additions |
|
At 30 September 2016 |
|
NET BOOK VALUE |
At 30 September 2016 |
|
At 30 September 2015 |
|
David Whitehead & Sons Limited (Registered number: 00909213) |
|
Notes to the Abbreviated Accounts - continued |
for the year ended 30 September 2016 |
|
5. | CALLED UP SHARE CAPITAL |
|
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2016 | 2015 |
value: | £ | £ |
|
Ordinary | £1 |
|
|