Ceramique Internationale Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 01171559 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD 1 JANUARY 2014 TO 30 JUNE 2015

FOR

CERAMIQUE INTERNATIONALE LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

C J Fraser

P M Vann

Mrs S Fraser

Mrs S L Vann

SECRETARY:

C J Fraser

REGISTERED OFFICE:

4th Floor, Stockdale House

Headingley Office Park

8 Victoria Road

Leeds

LS6 1PF

REGISTERED NUMBER:

01171559 (England and Wales)

ACCOUNTANTS:

Bartfields (UK) Limited

Chartered Accountants

4th Floor, Stockdale House

Headingley Office Park

8 Victoria Road

Leeds

LS6 1PF

FIXED ASSETS

Tangible assets

2

162,482

120,725

CURRENT ASSETS

Stocks

177,247

298,344

Debtors

429,469

486,484

Cash at bank and in hand

437,312

298,773

1,044,028

1,083,601

CREDITORS

Amounts falling due within one year

3

848,210

644,265

NET CURRENT ASSETS

195,818

439,336

TOTAL ASSETS LESS CURRENT LIABILITIES

358,300

560,061

CREDITORS

Amounts falling due after more than one year

3

-

119,191

NET ASSETS

358,300

440,870

CAPITAL AND RESERVES

Called up share capital

4

47,700

47,700

Share premium

2,000

2,000

Profit and loss account

308,600

391,170

SHAREHOLDERS' FUNDS

358,300

440,870

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

The members have not required the company to obtain an audit of its financial statements for the period 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 29 October 2015 and were signed on its behalf by:

C J Fraser - 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Freehold property

-

over the remaining life of the property

Short leasehold

-

at varying rates on cost

Plant and machinery

-

25% on cost

Fixtures and fittings

-

20% 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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the

balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at

the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held

under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases

are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The

capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

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 January 2014

373,054

Additions

95,539

Disposals

(93,338

)

At 30 June 2015

375,255

DEPRECIATION

At 1 January 2014

252,329

Charge for period

35,270

Eliminated on disposal

(74,826

)

At 30 June 2015

212,773

NET BOOK VALUE

At 30 June 2015

162,482

At 31 December 2013

120,725

3.

CREDITORS

Creditors include an amount of £ 1,109 (2013 - £ 150,316 ) for which security has been given.

They also include the following debts falling due in more than five years:

2015

2013

£

£

Repayable by instalments

-

58,428

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2013

value:

£

£

47,700

Ordinary shares

£1

47,700

47,700

5.	ULTIMATE PARENT COMPANY

Royds Holdings Limited is regarded by the directors as being the company's ultimate parent company.

6.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances from and repayments to the directors subsisted during the period ended 30 June 2015

and the year ended 31 December 2013:

2015

2013

£

£

C J Fraser

Balance outstanding at start of period

(4,500

)

-

Amounts advanced

165,262

-

Amounts repaid

(312,221

)

(4,500

)

Balance outstanding at end of period

(151,459

)

(4,500

)

P M Vann

Balance outstanding at start of period

-

-

Amounts advanced

162,427

-

Amounts repaid

(314,472

)

-

Balance outstanding at end of period

(152,045

)

-

Mrs S Fraser

Balance outstanding at start of period

-

-

Amounts advanced

15,500

-

Amounts repaid

(15,528

)

-

Balance outstanding at end of period

(28

)

-

Mrs S L Vann

Balance outstanding at start of period

-

-

Amounts advanced

15,500

-

Amounts repaid

(15,528

)

-

Balance outstanding at end of period

(28

)

-

All balances are held interest free with no set terms of repayment and are disclosed within "Other creditors" at

note 7 above.