Cura Seating Company Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 06656167 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 JULY 2014

FOR

CURA SEATING COMPANY LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Derek Vickers

Adam Vickers

SECRETARY:

Adam Vickers

REGISTERED OFFICE:

55 North Street

Stilton

Peterborough

Cambridgeshire

PE7 3RP

REGISTERED NUMBER:

06656167 (England and Wales)

FIXED ASSETS

Intangible assets

2

1,600

2,000

Tangible assets

3

35,951

23,775

37,551

25,775

CURRENT ASSETS

Stocks

73,953

47,787

Debtors

71,202

27,578

Cash at bank

11,912

5,312

157,067

80,677

CREDITORS

Amounts falling due within one year

97,589

48,832

NET CURRENT ASSETS

59,478

31,845

TOTAL ASSETS LESS CURRENT LIABILITIES

97,029

57,620

CREDITORS

Amounts falling due after more than one year

(6,000

)

-

PROVISIONS FOR LIABILITIES

(5,755

)

(5,225

)

NET ASSETS

85,274

52,395

CAPITAL AND RESERVES

Called up share capital

4

200

100

Profit and loss account

85,074

52,295

SHAREHOLDERS' FUNDS

85,274

52,395

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 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 16 March 2015 and were signed on its behalf by:

Adam Vickers - 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 2008, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 August 2013

and 31 July 2014

4,000

AMORTISATION

At 1 August 2013

2,000

Amortisation for year

400

At 31 July 2014

2,400

NET BOOK VALUE

At 31 July 2014

1,600

At 31 July 2013

2,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 August 2013

37,976

Additions

20,476

At 31 July 2014

58,452

DEPRECIATION

At 1 August 2013

14,201

Charge for year

8,300

At 31 July 2014

22,501

NET BOOK VALUE

At 31 July 2014

35,951

At 31 July 2013

23,775

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.14

31.7.13

value:

£

£

100

Ordinary

£1

100

100

100

Preferential B

£1

100

-

200

100

The following shares were issued during the year for cash at par :

100 Preferential B shares of £1