Carpenters Real Estate Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 07240837 (England and Wales)

CARPENTERS REAL ESTATE LIMITED

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2015

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Chartered Accountants' Report

6

DIRECTORS:

Mrs E L Jaehme

M P Jaehme

REGISTERED OFFICE:

Granville House

2 Tettenhall Road

Wolverhampton

West Midlands

WV1 4SB

REGISTERED NUMBER:

07240837 (England and Wales)

ACCOUNTANTS:

Lancaster Haskins Limited

Granville House

2 Tettenhall Road

Wolverhampton

West Midlands

WV1 4SB

FIXED ASSETS

Tangible assets

2

1,969

2,187

CURRENT ASSETS

Debtors

-

32,375

Cash at bank

52

12

52

32,387

CREDITORS

Amounts falling due within one year

102,451

35,155

NET CURRENT LIABILITIES

(102,399

)

(2,768

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(100,430

)

(581

)

CREDITORS

Amounts falling due after more than one year

-

101,663

NET LIABILITIES

(100,430

)

(102,244

)

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

(100,530

)

(102,344

)

SHAREHOLDERS' FUNDS

(100,430

)

(102,244

)

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 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 22 December 2015 and were signed on its behalf by:

Mrs E L Jaehme - 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 is recognised in line with the work performed.

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

-

20% on reducing balance

Deferred tax

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

sheet date.

Going concern

The financial statements have been prepared on the going concern basis which assumes continued support from

the directors.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

and 31 March 2015

4,286

DEPRECIATION

At 1 April 2014

2,099

Charge for year

218

At 31 March 2015

2,317

NET BOOK VALUE

At 31 March 2015

1,969

At 31 March 2014

2,187

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.15

31.3.14

value:

£

£

100

ordinary

£1

100

100

4.	RELATED PARTY DISCLOSURES

At the balance sheet date the company owed the directors £102,451 (2014 £87,456). There was an additional

loan of £14,995 in the year.

At the 31 March 2014 the company was owed £11,055 from Carpenters Properties Limited a company in which

Mrs EL Jaehme and MP Jaehme are both directors and shareholders, this balance was written off in full during

the year ended 31 March 2015 leaving a £nil balance.

At the 31 March 2014 the company owed £20,160 to Carpenters Cars Limited a company in which MP Jaehme

is also a director and shareholder, this balance was written off in full during the year ended 31 March 2015

leaving a £nil balance.

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to five)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Carpenters Real Estate Limited for the year ended 31 March 2015 which comprise the Profit and

Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and

explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Carpenters Real Estate Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Carpenters Real Estate Limited and state those matters that we have agreed to state to the Board of Directors of Carpenters Real Estate Limited, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Carpenters Real Estate Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Carpenters Real Estate Limited. You consider that Carpenters Real Estate Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Carpenters Real Estate

Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and

explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Lancaster Haskins Limited

Granville House

2 Tettenhall Road

Wolverhampton

West Midlands

WV1 4SB

Date: .............................................