CENTRAL_COMMUNICATION_PRO - Accounts

CENTRAL COMMUNICATION PRODUCTS LIMITED - Company Information

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Company Registration No. 02995105 (England and Wales)

CENTRAL COMMUNICATION PRODUCTS LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2015

CENTRAL COMMUNICATION PRODUCTS LIMITED

CONTENTS

Page

Abbreviated balance sheet

1 - 2

Notes to the abbreviated accounts

3 - 4

CENTRAL COMMUNICATION PRODUCTS LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 JANUARY 2015

- 1 -

2015

2014

Notes

Fixed assets

Tangible assets

656,435

347,715

Current assets

Stocks

5,000

10,000

Debtors

1,895,268

1,497,653

Cash at bank and in hand

655,503

576,528

2,555,771

2,084,181

Creditors: amounts falling due within one year

(1,090,791)

(819,342)

Net current assets

1,464,980

1,264,839

Total assets less current liabilities

2,121,415

1,612,554

Creditors: amounts falling due after more than one year

(65,390)

(100,000)

Provisions for liabilities

(40,654)

2,015,371

1,512,554

Capital and reserves

Called up share capital

1,000

Profit and loss account

2,014,371

1,511,554

Shareholders' funds

2,015,371

1,512,554

CENTRAL COMMUNICATION PRODUCTS LIMITED

ABBREVIATED BALANCE SHEET (CONTINUED)

AS AT

31 JANUARY 2015

- 2 -

For the financial Year ended 31 January 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its financial statements for the Year in question in accordance with section 476;

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 17 July 2015

Mr K. Spencer

Director

Company Registration No. 02995105

CENTRAL COMMUNICATION PRODUCTS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 JANUARY 2015

- 3 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets other than freehold land are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Land and buildings Freehold

Nil

Fixtures, fittings & equipment

20% Reducing balance

Motor vehicles

25% Reducing balance

1.5

Leasing and hire purchase commitments

Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

1.6

Stock

Stock is valued at the lower of cost and net realisable value.

1.7

Deferred taxation

Deferred taxation is provided at appropriate rates on all timing differences using the liability method only to the extent that, in the opinion of the director, there is a reasonable probability that a liability or asset will crystallise in the foreseeable future.

CENTRAL COMMUNICATION PRODUCTS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 JANUARY 2015

- 4 -

Fixed assets

Tangible assets

Cost

At 1 February 2014

384,405

Additions

372,495

Disposals

(43,632)

At 31 January 2015

713,268

Depreciation

At 1 February 2014

36,691

On disposals

(16,793)

Charge for the period

36,935

At 31 January 2015

56,833

Net book value

At 31 January 2015

656,435

At 31 January 2014

347,715

Creditors: amounts falling due within one year

The aggregate amount of creditors for which security has been given amounted to £0.0000 (2014 - £100,000).

Share capital

2015

2014

Allotted, called up and fully paid

1,000 Ordinary shares of £1 each

1,000

Ultimate parent company

The ultimate controlling party is the director K. Spencer.