Cherain Ltd. - Limited company - abbreviated - 11.9

REGISTERED NUMBER: SC256474 (Scotland)

Abbreviated Unaudited Accounts

for the Year Ended 30 September 2015

for

Cherain Ltd.

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

D McLean

SECRETARY:

Mrs A E McLean

REGISTERED OFFICE:

SBP Accountants & Tax Advisers

Glebefield House

21 Links Terrace

Peterhead

Aberdeenshire

AB42 2XA

REGISTERED NUMBER:

SC256474 (Scotland)

ACCOUNTANTS:

SBP

Accountants

Glebefield House

21 Links Terrace

Peterhead

Aberdeenshire

AB42 2XA

FIXED ASSETS

Tangible assets

2

972

262

CURRENT ASSETS

Cash at bank

97,994

106,321

CREDITORS

Amounts falling due within one year

24,673

26,365

NET CURRENT ASSETS

73,321

79,956

TOTAL ASSETS LESS CURRENT LIABILITIES

74,293

80,218

CAPITAL AND RESERVES

Called up share capital

3

10

10

Profit and loss account

74,283

80,208

SHAREHOLDERS' FUNDS

74,293

80,218

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 24 November 2015 and were signed by:

D McLean - 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 amounts receivable for services provided in the normal course of business, net of discounts

and VAT. Revenue is recognised to the extent that it is probable that economic benefit will flow to the company

and when its value can be measured with a sufficient degree of certainty and reliability. All income is recognised

in the accounting period to which it relates.

Tangible fixed assets

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

Computer equipment

-

33% on cost

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2014

1,336

Additions

1,369

At 30 September 2015

2,705

DEPRECIATION

At 1 October 2014

1,074

Charge for year

659

At 30 September 2015

1,733

NET BOOK VALUE

At 30 September 2015

972

At 30 September 2014

262

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.15

30.9.14

value:

£

£

10

Ordinary

£1

10

10