Countryside Marquee Hire Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 08785218 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD 21 NOVEMBER 2013 TO 30 NOVEMBER 2014

FOR

COUNTRYSIDE MARQUEE HIRE LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mr R L Chignell

Mrs C J Chignell

Mr J A Chignell

REGISTERED OFFICE:

Fenice Court

Phoenix Business Park

Eaton Socon

St. Neots

Cambridgeshire

PE19 8EP

REGISTERED NUMBER:

08785218 (England and Wales)

ACCOUNTANTS:

Davey Grover Limited

Chartered Accountants

Fenice Court

Phoenix Business Park

Eaton Socon

St. Neots

Cambridgeshire

PE19 8EP

FIXED ASSETS

Intangible assets

2

27,000

Tangible assets

3

152,004

179,004

CURRENT ASSETS

Stocks

1,902

Debtors

15,607

Cash at bank

53,408

70,917

CREDITORS

Amounts falling due within one year

186,432

NET CURRENT LIABILITIES

(115,515

)

TOTAL ASSETS LESS CURRENT LIABILITIES

63,489

PROVISIONS FOR LIABILITIES

7,222

NET ASSETS

56,267

CAPITAL AND RESERVES

Called up share capital

4

3

Profit and loss account

56,264

SHAREHOLDERS' FUNDS

56,267

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

The members have not required the company to obtain an audit of its financial statements for the period ended 30 November 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 4 July 2015 and were signed on its behalf by:

Mr R L Chignell - Director

Mrs C J Chignell - 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 2014, 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.

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% 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.	INTANGIBLE FIXED ASSETS

Total

£

COST

Additions

30,000

At 30 November 2014

30,000

AMORTISATION

Amortisation for period

3,000

At 30 November 2014

3,000

NET BOOK VALUE

At 30 November 2014

27,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

181,512

At 30 November 2014

181,512

DEPRECIATION

Charge for period

29,508

At 30 November 2014

29,508

NET BOOK VALUE

At 30 November 2014

152,004

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

1

Ordinary A

£1

1

1

Ordinary B

£1

1

1

Ordinary C

£1

1

3

The following shares were allotted and fully paid for cash at par during the period:

1 Ordinary A shares of £1 each

1 Ordinary B shares of £1 each

1 Ordinary C shares of £1 each

The Ordinary 'A', 'B' and 'C' shares carry an equal right in respect of voting, repayment of capital and entitlement

in the event of liquidation. The shareholders of each class are entitled to receive dividends payable to the specific

class that they hold.