Caroline Henry Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 07361591 (England and Wales)

Caroline Henry Limited

Abbreviated Unaudited Accounts for the Year Ended 30 September 2014

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

J C Wastie

Mrs C J Wastie

REGISTERED OFFICE:

4 King Square

Bridgwater

Somerset

TA6 3YF

REGISTERED NUMBER:

07361591 (England and Wales)

ACCOUNTANTS:

Maxwells

Chartered Accountants

4 King Square

Bridgwater

Somerset

TA6 3YF

BANKERS:

National Westminster Bank plc

39 Milsom Street

Bath

BA1 1DS

FIXED ASSETS

Tangible assets

2

2,481

1,862

CURRENT ASSETS

Stocks

28,411

20,791

Debtors

15,633

7,527

Cash at bank

2,860

15,272

46,904

43,590

CREDITORS

Amounts falling due within one year

38,364

44,088

NET CURRENT ASSETS/(LIABILITIES)

8,540

(498

)

TOTAL ASSETS LESS CURRENT LIABILITIES

11,021

1,364

PROVISIONS FOR LIABILITIES

496

153

NET ASSETS

10,525

1,211

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

10,523

1,209

SHAREHOLDERS' FUNDS

10,525

1,211

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 3 June 2015 and were signed on its behalf by:

J C Wastie - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared in accordance with applicable accounting standards and estimation

techniques.

Accounting convention

The financial statements have been prepared under the historical cost convention.

Financial reporting standard number 1

Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a

small company.

Turnover

Turnover represents net invoiced sales of goods, 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.

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

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.

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.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2013

2,567

Additions

1,180

At 30 September 2014

3,747

DEPRECIATION

At 1 October 2013

705

Charge for year

561

At 30 September 2014

1,266

NET BOOK VALUE

At 30 September 2014

2,481

At 30 September 2013

1,862

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.14

30.9.13

value:

£

£

1

'A' Ordinary

£1

1

1

1

'B' Ordinary

£1

1

1

2

2

All classes of share rank pari passu in all respects.