Class Master Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 04257829 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 30 September 2014

for

Class Master Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

V M Court

S V Law

SECRETARY:

Peter Hodgson & Co

REGISTERED OFFICE:

Shadwell House

65 Lower Green Road

Rusthall

Tunbridge Wells

Kent

TN4 8TW

REGISTERED NUMBER:

04257829 (England and Wales)

ACCOUNTANTS:

Peter Hodgson & Co

Shadwell House

65 Lower Green Road

Rusthall

Tunbridge Wells

Kent

TN4 8TW

FIXED ASSETS

Tangible assets

2

1,530

2,041

CURRENT ASSETS

Stocks

1,750

1,000

Debtors

931

582

Cash at bank

659

-

3,340

1,582

CREDITORS

Amounts falling due within one year

4,760

3,512

NET CURRENT LIABILITIES

(1,420

)

(1,930

)

TOTAL ASSETS LESS CURRENT LIABILITIES

110

111

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

10

11

SHAREHOLDERS' FUNDS

110

111

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 24 June 2015 and were signed on its behalf by:

S V Law - 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.

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

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% 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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2013

and 30 September 2014

8,466

DEPRECIATION

At 1 October 2013

6,425

Charge for year

511

At 30 September 2014

6,936

NET BOOK VALUE

At 30 September 2014

1,530

At 30 September 2013

2,041

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

100

Ordinary

£1

100

100