CASTLEFIELDS_ACCOUNTANCY_ - Accounts

CASTLEFIELDS ACCOUNTANCY LIMITED - Company Information

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Company Registration No. 08622099 (England and Wales)

CASTLEFIELDS ACCOUNTANCY LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2015

CASTLEFIELDS ACCOUNTANCY LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

CASTLEFIELDS ACCOUNTANCY LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 JULY 2015

- 1 -

2015

2014

Notes

Fixed assets

Tangible assets

104

156

Current assets

Stocks

123

Debtors

1,871

1,892

Cash at bank and in hand

1,530

2,542

3,524

4,479

Creditors: amounts falling due within one year

(3,461)

(4,443)

Net current assets

Total assets less current liabilities

167

192

Capital and reserves

Called up share capital

Profit and loss account

166

191

Shareholder's funds

167

192

For the financial year ended 31 July 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 member has 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 1 August 2015

Mr A D Mitchell

Director

Company Registration No. 08622099

CASTLEFIELDS ACCOUNTANCY LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 JULY 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).

The company has taken advantage of the exemption in Financial Reporting Standard No 1 from the requirement to produce a cash flow statement on the grounds that it is a small company.

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:

Fixtures, fittings & equipment

25% of cost per annum

Fixed assets

Tangible assets

Cost

At 1 August 2014 & at 31 July 2015

208

Depreciation

At 1 August 2014

Charge for the year

At 31 July 2015

104

Net book value

At 31 July 2015

104

At 31 July 2014

156

Share capital

2015

2014

Allotted, called up and fully paid

1 Ordinary of £1 each