CFB (Midlands) Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 08437053 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2015

for

CFB (Midlands) Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

A Mir

SECRETARY:

REGISTERED OFFICE:

617 Bordesley Green

Birmingham

West Midlands

B9 5XZ

REGISTERED NUMBER:

08437053 (England and Wales)

ACCOUNTANT:

M. F. Khan & Co

25 Parkdale Close

Erdington

Birmingham

B24 8JU

FIXED ASSETS

Intangible assets

2

7,200

8,100

Tangible assets

3

4,811

6,415

12,011

14,515

CURRENT ASSETS

Stocks

3,007

3,224

Debtors

440

428

Cash at bank and in hand

11,240

5,113

14,687

8,765

CREDITORS

Amounts falling due within one year

24,710

31,565

NET CURRENT LIABILITIES

(10,023

)

(22,800

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,988

(8,285

)

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

1,888

(8,385

)

SHAREHOLDERS' FUNDS

1,988

(8,285

)

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 13 November 2015 and were signed by:

A Mir - 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 represents net invoiced sales of goods, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of ten years.

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 etc

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

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

sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

and 31 March 2015

9,000

AMORTISATION

At 1 April 2014

900

Amortisation for year

900

At 31 March 2015

1,800

NET BOOK VALUE

At 31 March 2015

7,200

At 31 March 2014

8,100

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

and 31 March 2015

8,553

DEPRECIATION

At 1 April 2014

2,138

Charge for year

1,604

At 31 March 2015

3,742

NET BOOK VALUE

At 31 March 2015

4,811

At 31 March 2014

6,415

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.15

31.3.14

value:

£

£

100

Ordinary

£1

100

100