Central Air-conditioning & Refrigeration - Limited company - abbreviated

REGISTERED NUMBER: 04615435 (England and Wales)

ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2015

FOR

CENTRAL AIR-CONDITIONING & REFRIGERATION

LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

R K TUNNEY

REGISTERED OFFICE:

26 Elmwood Road

Sutton Coldfield

West Midlands

B74 2DF

REGISTERED NUMBER:

04615435 (England and Wales)

ACCOUNTANTS:

SHABIR NAWAB & CO

11 PORTLAND ROAD

EDGBASTON

BIRMINGHAM

West Midlands

B16 9HN

FIXED ASSETS

Intangible assets

2

30,000

Tangible assets

3

13,198

18,550

43,198

48,550

CURRENT ASSETS

Stocks

1,044

622

Debtors

684

2,385

Cash at bank

6,974

5,899

8,702

8,906

CREDITORS

Amounts falling due within one year

38,178

43,077

NET CURRENT LIABILITIES

(29,476

)

(34,171

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

13,722

14,379

CAPITAL AND RESERVES

Called up share capital

4

2

Profit and loss account

13,720

14,377

SHAREHOLDERS' FUNDS

13,722

14,379

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 30 December 2015 and were signed by:

R K TUNNEY - 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 0, is being amortised evenly over its estimated useful life of nil 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

-

10% on cost

Motor vehicles

-

20% on cost

Stocks

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

obsolete and slow moving items.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis

over the period of the lease.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

and 31 March 2015

30,000

NET BOOK VALUE

At 31 March 2015

30,000

At 31 March 2014

30,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

and 31 March 2015

36,475

DEPRECIATION

At 1 April 2014

17,925

Charge for year

5,352

At 31 March 2015

23,277

NET BOOK VALUE

At 31 March 2015

13,198

At 31 March 2014

18,550

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

1

Ordinary

£1

2

Central Air-conditioning & Refrigeration - Limited company - abbreviated - 11.9

Central Air-conditioning & Refrigeration - Limited company - abbreviated - 11.9