Abbreviated Company Accounts - CENTRAL BUILDING PLASTICS LTD

CENTRAL BUILDING PLASTICS LTD - Company Information

08418331 CENTRAL BUILDING PLASTICS LTD 2015-03-31 false 2014-04-01 2015-03-31 true 08418331 2014-04-01 2015-03-31 08418331 2015-03-31 08418331 2014-03-31 08418331 uk-gaap-cd-bus:Director1 2014-04-01 2015-03-31 08418331 uk-gaap-cd-bus:Director2 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 iso4217:GBP shares

Registered Number 08418331

CENTRAL BUILDING PLASTICS LTD

Abbreviated Accounts

31 March 2015

CENTRAL BUILDING PLASTICS LTD Registered Number 08418331

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Called up share capital not paid		-	-
Fixed assets
Tangible assets	2	5,676	5,658
		5,676	5,658
Current assets
Stocks		59,372	40,571
Debtors	3	14,579	7,394
Cash at bank and in hand		17,590	4,729
		91,541	52,694
Creditors: amounts falling due within one year	4	(33,757)	(15,231)
Net current assets (liabilities)		57,784	37,463
Total assets less current liabilities		63,460	43,121
Creditors: amounts falling due after more than one year	4	(54,772)	(54,772)
Total net assets (liabilities)		8,688	(11,651)
Capital and reserves
Called up share capital	5	100	100
Profit and loss account		8,588	(11,751)
Shareholders' funds		8,688	(11,651)

For the year ending 31 March 2015 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 14 July 2015

And signed on their behalf by:
Mr H Choksi, Director
Mrs Z Choksi, Director

CENTRAL BUILDING PLASTICS LTD Registered Number 08418331

Notes to the Abbreviated Accounts for the period ended 31 March 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover comprises the invoiced value of goods and services provided by the company, net of VAT and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets other than freehold property, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of the fixed asset, less its estimated residual value, over their useful economic lives on the following basis;
Office Equipment (Incl. computers) 20% straight line.
Motor Cars 20% straight line.
Furniture and fittings 20% straight line.

Other accounting policies
Stocks are valued at the lower of cost or net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

2Tangible fixed assets

	£
Cost
At 1 April 2014	7,073
Additions	1,791
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	8,864
Depreciation
At 1 April 2014	1,415
Charge for the year	1,773
On disposals	-
At 31 March 2015	3,188
Net book values
At 31 March 2015	5,676
At 31 March 2014	5,658

3Debtors

	2015 £	2014 £
Debtors include the following amounts due after more than one year	14,579	7,394

4Creditors

	2015 £	2014 £
Secured Debts	33,757	15,231
Non-instalment debts due after 5 years	54,772	54,772

5Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
100 Ordinary shares of £1 each	100	100