Nantwich Clive Christian Interiors Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 08415470 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31st December 2014

for

Nantwich Clive Christian Interiors

Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Chartered Certified Accountants' Report

6

DIRECTORS:

S R Higginson

A J Ward

T Huxley

SECRETARY:

REGISTERED OFFICE:

Meadowview House

162 Holmes Chapel Road

Congleton

Cheshire

CW12 4QB

REGISTERED NUMBER:

08415470 (England and Wales)

ACCOUNTANTS:

Hammond McNulty LLP

Bank House

Market Square

Congleton

Cheshire

CW12 1ET

FIXED ASSETS

Intangible assets

2

6,000

8,000

Tangible assets

3

52,679

47,701

58,679

55,701

CURRENT ASSETS

Stocks

81,964

-

Debtors

123,853

199,393

Cash at bank and in hand

279,194

75,894

485,011

275,287

CREDITORS

Amounts falling due within one year

418,185

348,317

NET CURRENT ASSETS/(LIABILITIES)

66,826

(73,030

)

TOTAL ASSETS LESS CURRENT LIABILITIES

125,505

(17,329

)

PROVISIONS FOR LIABILITIES

10,536

-

NET ASSETS/(LIABILITIES)

114,969

(17,329

)

CAPITAL AND RESERVES

Called up share capital

4

4

4

Profit and loss account

114,965

(17,333

)

SHAREHOLDERS' FUNDS

114,969

(17,329

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 30th March 2015 and were signed on its behalf by:

S R Higginson - Director

A J Ward - 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of five years.

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

-

25% on cost

Computer equipment

-

33% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

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.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1st January 2014

and 31st December 2014

10,000

AMORTISATION

At 1st January 2014

2,000

Amortisation for year

2,000

At 31st December 2014

4,000

NET BOOK VALUE

At 31st December 2014

6,000

At 31st December 2013

8,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st January 2014

63,711

Additions

27,989

At 31st December 2014

91,700

DEPRECIATION

At 1st January 2014

16,010

Charge for year

23,011

At 31st December 2014

39,021

NET BOOK VALUE

At 31st December 2014

52,679

At 31st December 2013

47,701

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/12/14

31/12/13

value:

£

£

4

Ordinary

£1

4

4

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to five)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Nantwich Clive Christian Interiors Limited for the year ended 31st December 2014 which

comprise the Profit and Loss Account, the Balance Sheet, and the related notes from the company's accounting records

and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and

other professional requirements which are detailed at http://rulebook.accaglobal.com.

This report is made solely to the Board of Directors of Nantwich Clive Christian Interiors Limited, as a body, in

accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the

financial statements of Nantwich Clive Christian Interiors Limited and state those matters that we have agreed to state to

the Board of Directors of Nantwich Clive Christian Interiors Limited, as a body, in this report in accordance with the

requirements of the Association of Chartered Certified Accountants as detailed at

http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume

responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Nantwich Clive Christian Interiors Limited has kept adequate accounting records and to

prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit

of Nantwich Clive Christian Interiors Limited. You consider that Nantwich Clive Christian Interiors Limited is exempt

from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Nantwich Clive Christian

Interiors Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or

information and explanations you have given to us and we do not, therefore, express any opinion on the statutory

financial statements.

Hammond McNulty LLP

Bank House

Market Square

Congleton

Cheshire

CW12 1ET

31st March 2015