Westerners Publications Limited

 FINANCIAL STATEMENTS

 FOR THE YEAR ENDED 30TH SEPTEMBER 2010

REPORT OF THE DIRECTORS FOR THE YEAR ENDED 30TH SEPTEMBER 2010

The directors have pleasure in presenting the accounts of the company for the year ended 30 September 2010. 

1.                    The principal activities of the company are the publication and distribution of books and journals. 

2.                    The loss for the year before taxation was £94. 

3.                    The  directors of the company and their respective interests were as follows: 

4.                    The directors have taken advantage, in the preparation of this report, of the special provisions relating to small companies within Part 15 of the Companies Act 2006.

BY ORDER OF THE BOARD

R. J. Wybrow 

CHAIRMAN

Date: 27th October 2010

STATEMENT OF THE STATUTORY RESPONSIBILITIES OF DIRECTORS

Company law requires directors to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing those financial statements the directors are required to:

·        select suitable accounting policies and then apply them consistently;

·         make judgements and estimates that are reasonable and prudent;

·        state whether the Financial Reporting Standard for Smaller Entities has been  followed, subject to any material departures disclosed and  explained in the financial accounts;

·         prepare the accounts on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial  statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.         

PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 30TH SEPTEMBER 2010

BALANCE SHEET AS AT 30TH SEPTEMBER 2009

These accounts have been prepared in accordance with the special provisions relating to small companies within Part 15 of of the Companies Act 2006 and the Financial Reporting standard for Smaller Entities (effective April 2008).

For the financial year ended 30 September 2010 the company was entitled to exemption from audit under Section 477, Companies Act 2006 and no notice has been deposited under Section 476.

The directors acknowledge their responsibilities for ensuring that:

1)          the company keeps accounting records which comply with Section 386 of the Companies Act 2006 and,

2)     preparing accounts give a true and fair view of the state of affairs of the company as at 30^th September 2010 and of its [profit] for the year then ended in accordance with the requirements of Section 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to accounts, so far as is applicable to the company.

These accounts were approved by the Board on 27th October 2010 and signed on its behalf by

F. B. Taunton                            R. J Wybrow

Director                                    Director

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH SEPTEMBER 2010

1.         ACCOUNTING POLICIES

The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2007).

(a)        Turnover

Turnover represents the amount invoiced during the period.

(b)        Stock

Stock is stated at the lower of cost and net realisable value.

DETAILED PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 30TH SEPTEMBER 2010 

A PDF version of the accounts can be downloaded

LAST UPDATED 1 NOVEMBER 2010

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