Cageforth Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: SC284196 (Scotland)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2015

for

Cageforth Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

R R Wilson

SECRETARY:

REGISTERED OFFICE:

23 High Street

Strathmiglo

Fife

KY14 7QA

REGISTERED NUMBER:

SC284196 (Scotland)

ACCOUNTANTS:

Colin Thomson & Co

Chartered Accountants

23 High Street

Strathmiglo

Fife

KY14 7QA

FIXED ASSETS

Intangible assets

2

-

1,400

CURRENT ASSETS

Stocks

560

680

Debtors

1,335

1,543

Cash at bank

5,829

6,667

7,724

8,890

CREDITORS

Amounts falling due within one year

28,931

33,542

NET CURRENT LIABILITIES

(21,207

)

(24,652

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(21,207

)

(23,252

)

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

(21,209

)

(23,254

)

SHAREHOLDERS' FUNDS

(21,207

)

(23,252

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 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 6 May 2015 and were signed by:

R R Wilson - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These accounts have been prepared on a going concern basis. There was a net deficiency of assets at the balance

sheet date, however the director has confirmed continued support and considers that the company retains

sufficient working capital to continue trading for the foreseeable future.

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 2005, is being amortised evenly over its estimated useful life of ten years.

Stocks

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

moving items.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

and 31 March 2015

14,000

AMORTISATION

At 1 April 2014

12,600

Amortisation for year

1,400

At 31 March 2015

14,000

NET BOOK VALUE

At 31 March 2015

-

At 31 March 2014

1,400

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/3/15

31/3/14

value:

£

£

2

Ordinary

£1

2

2