CNS Retail Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 08557776 (England and Wales)

Abbreviated Unaudited Accounts

for the Period 5 June 2013 to 30 June 2014

for

CNS Retail Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

N Chandrakumar

REGISTERED OFFICE:

48 Queen Street

Cubbington

Leamington SPA

Coventry

CV32 7NA

REGISTERED NUMBER:

08557776 (England and Wales)

ACCOUNTANTS:

City Wise Accountants Ltd

Chartered Accountants & Registered Auditors

19 Tintern Avenue

London

NW9 0RH

FIXED ASSETS

Intangible assets

2

20,973

CURRENT ASSETS

Stocks

4,754

Debtors

1,802

Cash at bank

149

6,705

CREDITORS

Amounts falling due within one year

34,621

NET CURRENT LIABILITIES

(27,916

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(6,943

)

CAPITAL AND RESERVES

Called up share capital

3

1

Profit and loss account

(6,944

)

SHAREHOLDERS' FUNDS

(6,943

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 June 2014.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 June 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 5 March 2015 and were signed by:

N Chandrakumar - 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 2013, is being amortised evenly over its estimated useful life of ninety nine years.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

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

Additions

21,187

At 30 June 2014

21,187

AMORTISATION

Amortisation for period

214

At 30 June 2014

214

NET BOOK VALUE

At 30 June 2014

20,973

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

1

Ordinary shares

1

1

1 Ordinary shares share of 1 was allotted and fully paid for cash at par during the period.