Candywax Ltd - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 07769849 (England and Wales)

Abbreviated Unaudited Accounts

for the Period

1 January 2015 to 30 September 2015

for

Candywax Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Miss A Winstanley

REGISTERED OFFICE:

6 Nottingham Road

Long Eaton

Nottingham

Nottinghamshire

NG10 1HP

REGISTERED NUMBER:

07769849 (England and Wales)

ACCOUNTANTS:

Phipp & Co (Accountants) Limited

6 Nottingham Road

Long Eaton

Nottingham

Nottinghamshire

NG10 1HP

FIXED ASSETS

Tangible assets

2

647

1,258

CURRENT ASSETS

Debtors

667

7,555

Cash at bank and in hand

2,399

2,209

3,066

9,764

CREDITORS

Amounts falling due within one year

1,080

1,284

NET CURRENT ASSETS

1,986

8,480

TOTAL ASSETS LESS CURRENT LIABILITIES

2,633

9,738

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

2,632

9,737

SHAREHOLDERS' FUNDS

2,633

9,738

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

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

The director acknowledges her 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 20 October 2015 and were signed by:

Miss A Winstanley - 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).

Exemption from preparing a cash flow statement

Exemption has been taken from preparing a cash flow statement on the grounds that the company

qualifies as a small company.

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.

Plant and machinery

-

50% on cost

Fixtures and fittings

-

20% on cost

Deferred tax

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

at the balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2015

3,537

Disposals

(815

)

At 30 September 2015

2,722

DEPRECIATION

At 1 January 2015

2,279

Charge for period

204

Eliminated on disposal

(408

)

At 30 September 2015

2,075

NET BOOK VALUE

At 30 September 2015

647

At 31 December 2014

1,258

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

1

Ordinary

1

1

1

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended

30 September 2015 and the year ended 31 December 2014:

2015

2014

£

£

Miss A Winstanley

Balance outstanding at start of period

2,381

2,668

Amounts repaid

(2,381

)

(287

)

Balance outstanding at end of period

-

2,381