CAMAMILE_&_HAY_LIMITED - Accounts

CAMAMILE & HAY LIMITED - Company Information

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Company Registration No. 07280480 (England and Wales)

CAMAMILE & HAY LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2015

CAMAMILE & HAY LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

CAMAMILE & HAY LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 MARCH 2015

- 1 -

2015

2014

Notes

Fixed assets

Tangible assets

6,476

8,094

Current assets

Debtors

23,961

18,034

Cash at bank and in hand

3,855

23,961

21,889

Creditors: amounts falling due within one year

(30,200)

(28,349)

Net current liabilities

(6,239)

(6,460)

Total assets less current liabilities

237

1,634

Capital and reserves

Called up share capital

Profit and loss account

235

1,632

Shareholders' funds

237

1,634

For the financial year ended 31 March 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 21 December 2015

Mr K. J. Hay

Mr A. D. Camamile

Director

Company Registration No. 07280480

CAMAMILE & HAY LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2015

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

These accounts have been prepared on the going concern basis as the directors believe that the company has adequate financial resources to continue in business for the foreseeable future.

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Plant and machinery

20% on reducing balance

Computer equipment

33.3% on cost

1.5

Leasing

Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

Fixed assets

Tangible assets

Cost

At 1 April 2014 & at 31 March 2015

18,871

Depreciation

At 1 April 2014

10,777

Charge for the year

1,618

At 31 March 2015

12,395

Net book value

At 31 March 2015

6,476

At 31 March 2014

8,094

CAMAMILE & HAY LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2015

- 3 -

Share capital

2015

2014

Allotted, called up and fully paid

2 Ordinary of £1 each

Related party relationships and transactions