Cheshire Creameries Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 03739926 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 March 2015

for

Cheshire Creameries Ltd

Trading as

Cheshire Creameries

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

M L Manfredi

SECRETARY:

REGISTERED OFFICE:

Oakdene

Newcastle Road

Willaston

Nantwich

Cheshire

CW5 7EL

REGISTERED NUMBER:

03739926 (England and Wales)

ACCOUNTANTS:

Paterson Brodie

Cliveden Chambers

Cliveden Place

Longton

Stoke-on-Trent

Staffordshire

ST3 4JB

FIXED ASSETS

Tangible assets

2

39,639

1,348

CURRENT ASSETS

Debtors

51,260

57,057

Cash at bank and in hand

120

2,170

51,380

59,227

CREDITORS

Amounts falling due within one year

90,687

60,420

NET CURRENT LIABILITIES

(39,307

)

(1,193

)

TOTAL ASSETS LESS CURRENT LIABILITIES

332

155

CAPITAL AND RESERVES

Called up share capital

3

20

20

Profit and loss account

312

135

SHAREHOLDERS' FUNDS

332

155

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 July 2015 and were signed by:

M L Manfredi - 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.

Fixtures and fittings

-

20% on reducing balance and 10% on reducing balance

Computer equipment

-

20% on reducing balance

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 April 2014

7,395

Additions

43,245

At 31 March 2015

50,640

DEPRECIATION

At 1 April 2014

6,047

Charge for year

4,954

At 31 March 2015

11,001

NET BOOK VALUE

At 31 March 2015

39,639

At 31 March 2014

1,348

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.15

31.3.14

value:

£

£

20

Ordinary

1

20

20

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2015 and

31 March 2014:

31.3.15

31.3.14

£

£

M L Manfredi

Balance outstanding at start of year

48,277

31,336

Amounts advanced

50,951

16,941

Amounts repaid

(58,580

)

-

Balance outstanding at end of year

40,648

48,277