SC196730 1.11.12 31.10.13 31.10.13 Company accounts Private Limited Company FY true false true false false false true false false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureSC1967302012-10-31SC1967302013-10-31SC1967302012-11-012013-10-31SC1967302012-10-31SC196730ns12:Scotland2012-11-012013-10-31SC196730ns14:PoundSterling2012-11-012013-10-31SC196730ns7:Director12012-11-012013-10-31SC196730ns7:OrdinaryShareClass12012-11-012013-10-31SC196730ns7:Director22012-11-012013-10-31SC196730ns7:CompanySecretary2012-11-012013-10-31SC196730ns7:RegisteredOffice2012-11-012013-10-31SC196730ns7:EntityAccountantsOrAuditors2012-11-012013-10-31SC196730ns5:PlantMachinery2012-11-012013-10-31SC196730ns5:OwnedOrFreeholdTangibleFixedAssets2012-11-012013-10-31SC196730ns7:AllEntityOfficers2012-11-012013-10-31SC196730ns5:PlantMachinery2012-10-31SC196730ns5:PlantMachinery2013-10-31SC196730ns5:PlantMachinery2012-10-31SC196730ns7:OrdinaryShareClass12013-10-31
REGISTERED NUMBER: SC196730 (Scotland)















Report of the Directors and

Unaudited Financial Statements for the Year Ended 31 October 2013

for

Office Wizards Limited
Office Wizards Limited (Registered number: SC196730)






Contents of the Financial Statements
for the Year Ended 31 October 2013




Page

Company Information 1

Report of the Directors 2

Profit and Loss Account 3

Balance Sheet 4

Notes to the Financial Statements 5

Office Wizards Limited

Company Information
for the Year Ended 31 October 2013







DIRECTORS: Mrs L E Hammond
Mrs S H W Kerr





SECRETARY: Mrs S H W Kerr





REGISTERED OFFICE: 44 Main Street
Douglas
Lanarkshire
ML11 0QW





REGISTERED NUMBER: SC196730 (Scotland)





ACCOUNTANTS: Tax Link
17 Wellgate Street
Larkhall
Lanarkshire
ML9 2AG
Office Wizards Limited (Registered number: SC196730)

Report of the Directors
for the Year Ended 31 October 2013

The directors present their report with the financial statements of the company for the year ended 31 October 2013.

INCORPORATION
The company was incorporated on 1 November 2000 and commenced trading on the same date.

DIRECTORS
The directors shown below have held office during the whole of the period from 1 November 2012 to the date of this
report.

Mrs L E Hammond
Mrs S H W Kerr

Both the directors, being eligible, offer themselves for election at the forthcoming first Annual General Meeting.

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating
to small companies.

ON BEHALF OF THE BOARD:





Mrs L E Hammond - Director


18 September 2014
Office Wizards Limited (Registered number: SC196730)

Profit and Loss Account
for the Year Ended 31 October 2013

Notes £    £   

TURNOVER 56,303

Cost of sales 2,370
GROSS PROFIT 53,933

Distribution costs 1,464
Administrative expenses 51,045
52,509
OPERATING PROFIT and
PROFIT ON ORDINARY ACTIVITIES
BEFORE TAXATION

2

1,424

Tax on profit on ordinary activities 3 285
PROFIT FOR THE FINANCIAL YEAR 1,139
Office Wizards Limited (Registered number: SC196730)

Balance Sheet
31 October 2013

Notes £    £   
FIXED ASSETS
Tangible assets 4 2,559

CURRENT ASSETS
Debtors 5 (832 )
Cash at bank 219
(613 )
CREDITORS
Amounts falling due within one year 6 9,790
NET CURRENT LIABILITIES (10,403 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(7,844
)

CAPITAL AND RESERVES
Called up share capital 7 2
Profit and loss account 8 (7,846 )
SHAREHOLDERS' FUNDS (7,844 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies and with the Financial Reporting Standard for Smaller Entities (effective April 2008).


The financial statements were approved by the Board of Directors on 18 September 2014 and were signed on its behalf
by:





Mrs L E Hammond - Director

Office Wizards Limited (Registered number: SC196730)

Notes to the Financial Statements
for the Year Ended 31 October 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 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 etc - 33% on cost

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.

2. OPERATING PROFIT

The operating profit is stated after charging:

£   
Depreciation - owned assets 1,441

Directors' remuneration and other benefits etc -

3. TAXATION

Analysis of the tax charge
The tax charge on the profit on ordinary activities for the year was as follows:
£   
Current tax:
UK corporation tax 285
Tax on profit on ordinary activities 285
Office Wizards Limited (Registered number: SC196730)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2013

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 November 2012
and 31 October 2013 6,000
DEPRECIATION
At 1 November 2012 2,000
Charge for year 1,441
At 31 October 2013 3,441
NET BOOK VALUE
At 31 October 2013 2,559
At 31 October 2012 4,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors (832 )

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 1
Taxation and social security 997
Other creditors 8,792
9,790

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
2 Ordinary 1 2

8. RESERVES
Profit
and loss
account
£   

At 1 November 2012 (8,985 )
Profit for the year 1,139
At 31 October 2013 (7,846 )


Options

Monitor

  • Receive an alert email on changes to financial status
  • Early indications of liquidity problems
  • Warns when company reporting is overdue
  • Free service, no spam emails
Monitor Now

Please Help Us!

Was this document useful to you? Please Like our page. The more Likes we get, the more documents we can supply you free. Thanks.