Abbreviated Company Accounts - CHARLTON BAKER LIMITED

CHARLTON BAKER LIMITED - Company Information

Registered Number 07179787

CHARLTON BAKER LIMITED

Abbreviated Accounts

31 March 2015

CHARLTON BAKER LIMITED Registered Number 07179787

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Intangible assets	2	412,500	440,000
Tangible assets	3	87,260	63,729
Investments	4	4	-
		499,764	503,729
Current assets
Stocks		12,700	-
Debtors		86,750	70,484
Cash at bank and in hand		61,816	43,792
		161,266	114,276
Creditors: amounts falling due within one year		(165,676)	(136,560)
Net current assets (liabilities)		(4,410)	(22,284)
Total assets less current liabilities		495,354	481,445
Creditors: amounts falling due after more than one year		(341,824)	(369,205)
Total net assets (liabilities)		153,530	112,240
Capital and reserves
Called up share capital		110,111	110,111
Profit and loss account		43,419	2,129
Shareholders' funds		153,530	112,240

For the year ending 31 March 2015 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 22 December 2015

And signed on their behalf by:
S J Sartin, Director

CHARLTON BAKER LIMITED Registered Number 07179787

Notes to the Abbreviated Accounts for the period ended 31 March 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements are prepared under the historical cost convention and comply with financial
reporting standards of the Accounting Standards Board.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year.

Tangible assets depreciation policy
Fixtures, fittings
and equipment - 20% reducing balance
Motor vehicles - 25% reducing balance

Intangible assets amortisation policy
Acquired goodwill is written off in equal annual instalments over its estimated useful economic life of
20 years.

2Intangible fixed assets

	£
Cost
At 1 April 2014	550,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	550,000
Amortisation
At 1 April 2014	110,000
Charge for the year	27,500
On disposals	-
At 31 March 2015	137,500
Net book values
At 31 March 2015	412,500
At 31 March 2014	440,000

3Tangible fixed assets

	£
Cost
At 1 April 2014	116,595
Additions	48,731
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	165,326
Depreciation
At 1 April 2014	52,866
Charge for the year	25,200
On disposals	-
At 31 March 2015	78,066
Net book values
At 31 March 2015	87,260
At 31 March 2014	63,729

4Fixed assets Investments
Fixed asset investments are stated at cost.