CHAMBERLAIN_STEAN_&_WEST_ - Accounts

CHAMBERLAIN STEAN & WEST LIMITED - Company Information

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Company Registration No. 06109794 (England and Wales)

CHAMBERLAIN STEAN & WEST LIMITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 5 APRIL 2015

CHAMBERLAIN STEAN & WEST LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

CHAMBERLAIN STEAN & WEST LIMITED

ABBREVIATED BALANCE SHEET

AS AT

5 APRIL 2015

- 1 -

2015

2014

Notes

Fixed assets

Tangible assets

1,025

4,204

Current assets

Debtors

4,036

2,564

Cash at bank and in hand

103,921

95,002

107,957

97,566

Creditors: amounts falling due within one year

(34,975)

(51,263)

Net current assets

72,982

46,303

Total assets less current liabilities

74,007

50,507

Provisions for liabilities

(111)

(727)

73,896

49,780

Capital and reserves

Called up share capital

900

Share premium account

9,700

Profit and loss account

63,296

39,180

Shareholders' funds

73,896

49,780

For the financial year ended 5 April 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' 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 directors acknowledge their 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 2 July 2015

C Chamberlain

Director

Company Registration No. 06109794

CHAMBERLAIN STEAN & WEST LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 5 APRIL 2015

- 2 -

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 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:

Computer equipment

33% on cost

Fixtures, fittings & equipment

15% on reducing balance

Fixed assets

Tangible assets

Cost

At 6 April 2014 & at 5 April 2015

16,186

Depreciation

At 6 April 2014

11,982

Charge for the year

3,179

At 5 April 2015

15,161

Net book value

At 5 April 2015

1,025

At 5 April 2014

4,204

Share capital

2015

2014

Allotted, called up and fully paid

900 of £1 each

900

CHAMBERLAIN STEAN & WEST LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 5 APRIL 2015

- 3 -

Related party relationships and transactions

Transactions in relation to loans from directors during the year are outlined in the table below:

Description

% Rate

Opening Balance

Amounts Advanced

Interest Charged

Amounts Repaid

Closing Balance

C Chamberlain - Loan

4,694

C W West - Loan

5,242

M J Williams - Loan

5,550

15,486