Desbrow Thompson Chaffe Ltd - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 06755030 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2015

FOR

DESBROW THOMPSON CHAFFE LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

J Chaffe

SECRETARY:

Mrs C Chaffe

REGISTERED OFFICE:

2 Alverton Close

Great Notley

Braintree

Essex

CM77 7XU

REGISTERED NUMBER:

06755030 (England and Wales)

ACCOUNTANTS:

Baker Chapman & Bussey

Chartered Accountants

3 North Hill

Colchester

Essex

CO1 1DZ

FIXED ASSETS

Tangible assets

2

512

493

CURRENT ASSETS

Debtors

63

-

Cash at bank

24

1,036

87

1,036

CREDITORS

Amounts falling due within one year

2,150

2,948

NET CURRENT LIABILITIES

(2,063

)

(1,912

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(1,551

)

(1,419

)

PROVISIONS FOR LIABILITIES

103

99

NET LIABILITIES

(1,654

)

(1,518

)

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

(1,655

)

(1,519

)

SHAREHOLDERS' FUNDS

(1,654

)

(1,518

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 3 December 2015 and were signed by:

J Chaffe - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention.

Financial reporting standard number 1

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.

Computer equipment

-

33% 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 April 2014

1,520

Additions

530

At 31 March 2015

2,050

DEPRECIATION

At 1 April 2014

1,027

Charge for year

511

At 31 March 2015

1,538

NET BOOK VALUE

At 31 March 2015

512

At 31 March 2014

493

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 years ended 31 March 2015 and

31 March 2014:

2015

2014

£

£

J Chaffe

Balance outstanding at start of year

(2,177

)

(823

)

Amounts advanced

3,838

4,018

Amounts repaid

(3,061

)

(5,372

)

Balance outstanding at end of year

(1,400

)

(2,177

)