C F Banks Limited - Limited company - abbreviated - 11.6

C F Banks Limited - Limited company - abbreviated - 11.6

C.F.BANKS LIMITED - Company Information

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REGISTERED NUMBER: 00723442 (England and Wales)















C F BANKS LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2014






C F BANKS LIMITED (REGISTERED NUMBER: 00723442)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 JUNE 2014




Page

Company Information 1

Abbreviated Balance Sheet 2 to 3

Notes to the Abbreviated Accounts 4 to 5

Chartered Accountants' Report 6

C F BANKS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2014







DIRECTORS: Mr T S Banks
Mrs E A Banks





SECRETARY: Mrs E A Banks





REGISTERED OFFICE: 14 London Road
Newark
Nottinghamshire
NG24 1TW





REGISTERED NUMBER: 00723442 (England and Wales)





ACCOUNTANTS: Duncan & Toplis Limited
14 London Road
Newark
Nottinghamshire
NG24 1TW
Page 1
C F BANKS LIMITED (REGISTERED NUMBER: 00723442)

ABBREVIATED BALANCE SHEET
30 JUNE 2014

30.6.14 30.6.13
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 466,064 470,594
Investments 3 334 3,288
466,398 473,882

CURRENT ASSETS
Valuation 106,620 85,516
Debtors 532,451 474,111
Cash at bank 31,745 17,618
670,816 577,245
CREDITORS
Amounts falling due within one year 178,628 147,694
NET CURRENT ASSETS 492,188 429,551
TOTAL ASSETS LESS CURRENT LIABILITIES 958,586 903,433

PROVISIONS FOR LIABILITIES 3,567 3,704
NET ASSETS 955,019 899,729

CAPITAL AND RESERVES
Called up share capital 4 12,500 12,500
Profit and loss account 942,519 887,229
SHAREHOLDERS' FUNDS 955,019 899,729

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2014 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 notes form part of these abbreviated accounts

Page 2 continued...
C F BANKS LIMITED (REGISTERED NUMBER: 00723442)

ABBREVIATED BALANCE SHEET - continued
30 JUNE 2014


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 Board of Directors on 27 March 2015 and were signed on its behalf by:




Mr T S Banks - Director



Mrs E A Banks - Director


The notes form part of these abbreviated accounts

Page 3
C F BANKS LIMITED (REGISTERED NUMBER: 00723442)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 JUNE 2014

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 and services, 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.

Land - not provided
Buildings - 2% on cost
Warehouse - 2% on cost
Implements and machinery - 20% on reducing balance

Valuation
Valuation 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's
pension scheme are charged to the profit and loss account in the period to which they relate.

Investments
Investments are shown at cost less any provision for impairment.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 July 2013 572,766
Additions 3,770
At 30 June 2014 576,536
DEPRECIATION
At 1 July 2013 102,172
Charge for year 8,300
At 30 June 2014 110,472
NET BOOK VALUE
At 30 June 2014 466,064
At 30 June 2013 470,594

Page 4 continued...
C F BANKS LIMITED (REGISTERED NUMBER: 00723442)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 30 JUNE 2014

3. FIXED ASSET INVESTMENTS
Investments
other
than
loans
£   
COST
At 1 July 2013 3,288
Disposals (2,954 )
At 30 June 2014 334
NET BOOK VALUE
At 30 June 2014 334
At 30 June 2013 3,288

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.6.14 30.6.13
value: £    £   
12,500 Ordinary £1 12,500 12,500

Page 5
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
C F BANKS 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 two to five) 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 C F Banks Limited for the year ended 30 June 2014 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 Institute of Chartered Accountants in England and Wales (ICAEW), we are subject
to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of C F Banks 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 C F Banks
Limited and state those matters that we have agreed to state to the Board of Directors of C F Banks Limited, as a body,
in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. 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 C F Banks 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 C F Banks
Limited. You consider that C F Banks 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 C F Banks 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.






Duncan & Toplis Limited
14 London Road
Newark
Nottinghamshire
NG24 1TW


27 March 2015

This page does not form part of the abbreviated accounts

Page 6