Tewkesbury (Diamond Chrome) Plating Co L - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 04012467 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 JUNE 2015

FOR

TEWKESBURY (DIAMOND CHROME) PLATING CO.

LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mr J M Opperman

Mr D R Curry

SECRETARY:

Mrs A K Opperman

REGISTERED OFFICE:

Hunt House

Frith Common

Tenbury Wells

Worcestershire

WR15 8JY

REGISTERED NUMBER:

04012467 (England and Wales)

ACCOUNTANTS:

Kimberlee & Co

Chartered Accountants

C/O Hunt House Farm

Frith Common

Tenbury Wells

Worcestershire

WR15 8JY

FIXED ASSETS

Tangible assets

2

634,590

644,675

CURRENT ASSETS

Stocks

11,889

15,227

Debtors

226,702

230,946

Cash at bank and in hand

27

49,078

238,618

295,251

CREDITORS

Amounts falling due within one year

3

224,538

266,397

NET CURRENT ASSETS

14,080

28,854

TOTAL ASSETS LESS CURRENT LIABILITIES

648,670

673,529

CREDITORS

Amounts falling due after more than one year

3

(192,285

)

(232,662

)

PROVISIONS FOR LIABILITIES

(45,801

)

(43,703

)

NET ASSETS

410,584

397,164

CAPITAL AND RESERVES

Called up share capital

4

300,000

300,000

Capital redemption reserve

50,000

50,000

Profit and loss account

60,584

47,164

SHAREHOLDERS' FUNDS

410,584

397,164

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2015 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 21 October 2015 and were signed on its behalf by:

Mr J M Opperman - 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

1% straight line

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

10% on cost

Motor vehicles

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

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

sheet date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2014

1,007,401

Additions

49,189

At 30 June 2015

1,056,590

DEPRECIATION

At 1 July 2014

362,726

Charge for year

59,274

At 30 June 2015

422,000

NET BOOK VALUE

At 30 June 2015

634,590

At 30 June 2014

644,675

3.

CREDITORS

Creditors include an amount of £ 0 (30.6.14 - £ 278,326 ) for which security has been given.

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.15

30.6.14

value:

£

£

300,000

Ordinary

£1

300,000

300,000

5.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr J M Opperman.