Campcraft Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 00801776 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 September 2015

for

Campcraft Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

A D Biggs

A Biggs

M S Biggs

REGISTERED OFFICE:

96 - 98 Newport Street

Bolton

BL3 6AB

REGISTERED NUMBER:

00801776 (England and Wales)

ACCOUNTANTS:

Higsons Limited

Chartered Accountants

93 Market Street

Farnworth

Bolton

Lancashire

BL4 7NS

FIXED ASSETS

Intangible assets

2

-

-

Tangible assets

3

146,974

147,769

146,974

147,769

CURRENT ASSETS

Stocks

37,984

43,945

Debtors

4,310

4,790

Cash in hand

150

150

42,444

48,885

CREDITORS

Amounts falling due within one year

4

100,012

110,891

NET CURRENT LIABILITIES

(57,568

)

(62,006

)

TOTAL ASSETS LESS CURRENT LIABILITIES

89,406

85,763

CAPITAL AND RESERVES

Called up share capital

5

5,000

5,000

Profit and loss account

84,406

80,763

SHAREHOLDERS' FUNDS

89,406

85,763

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 January 2016 and were signed on its behalf by:

M S Biggs - 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 the amount derived from ordinary activities, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 1990, is being amortised evenly over its estimated useful life of twenty years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Fixtures and fittings

-

15% on cost

Motor vehicles

-

25% on cost

Computer equipment

-

20% on cost

No depreciation is provided on the freehold property owned by the company as in the opinion of the directors the current

market value of the property is in excess of the cost price stated in the financial statements.

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire

purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over

their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The capital

element of the future payments is treated as a liability.

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

lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are

charged to the profit and loss account in the period to which they relate.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2014

and 30 September 2015

9,999

AMORTISATION

At 1 October 2014

and 30 September 2015

9,999

NET BOOK VALUE

At 30 September 2015

-

At 30 September 2014

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2014

208,936

Disposals

(17,555

)

At 30 September 2015

191,381

DEPRECIATION

At 1 October 2014

61,167

Charge for year

795

Eliminated on disposal

(17,555

)

At 30 September 2015

44,407

NET BOOK VALUE

At 30 September 2015

146,974

At 30 September 2014

147,769

4.

CREDITORS

Creditors include an amount of £ 8,884 (30.9.14 - £ 54,865 ) for which security has been given.

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.15

30.9.14

value:

£

£

NIL

Ordinary

£1

-

5,000

(30.9.14 - 5,000 )

3,400

A Ordinary

£1

3,400

-

1,600

B Ordinary

£1

1,600

-

5,000

5,000

During the year the existing 5,000 £1 ordinary shares were converted into 3,400 £1 A ordinary shares & 1,600 £1 B

ordinary shares.