Charnwood Forest Investment Company Ltd - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 00496743 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 December 2013

for

Charnwood Forest Investment Company Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Chartered Certified Accountants' Report

4

DIRECTORS:

Mrs M W Palfreyman

D J Palfreyman

Miss J Palfreyman

Mrs E S V Kohring

G A Palfreyman Dec'd

SECRETARY:

REGISTERED OFFICE:

Bluebell House

9 Herschel Grange

Warfield Village

Berkshire

RG42 6AT

REGISTERED NUMBER:

00496743 (England and Wales)

ACCOUNTANTS:

Charnwood Accountants & Business Advisors LLP

The Point

Granite Way

Mountsorrel

Loughborough

Leicestershire

LE12 7TZ

FIXED ASSETS

Tangible assets

2

403,428

403,865

CURRENT ASSETS

Debtors

176,974

108,685

Cash at bank

49,318

88,184

226,292

196,869

CREDITORS

Amounts falling due within one year

27,816

32,130

NET CURRENT ASSETS

198,476

164,739

TOTAL ASSETS LESS CURRENT LIABILITIES

601,904

568,604

CAPITAL AND RESERVES

Called up share capital

3

2,870

2,870

Profit and loss account

599,034

565,734

SHAREHOLDERS' FUNDS

601,904

568,604

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2013 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 September 2014 and were signed on its behalf by:

Mrs M W Palfreyman - 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

not provided

Fixtures and fittings

-

10% on cost

Computer equipment

-

25% on cost

Deferred tax

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

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2013

418,375

Additions

730

At 31 December 2013

419,105

DEPRECIATION

At 1 January 2013

14,510

Charge for year

1,167

At 31 December 2013

15,677

NET BOOK VALUE

At 31 December 2013

403,428

At 31 December 2012

403,865

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.13

31.12.12

value:

£

£

2,870

Ordinary

£1

2,870

2,870

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 three) 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 Charnwood Forest Investment Company Ltd for the year ended 31 December 2013 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 Association of Chartered Certified Accountants, we are subject to its ethical and other

professional requirements which are detailed at http://rulebook.accaglobal.com.

This report is made solely to the Board of Directors of Charnwood Forest Investment Company Ltd, 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 Charnwood Forest Investment Company Ltd and state those matters that we have agreed to state to the Board

of Directors of Charnwood Forest Investment Company Ltd, as a body, in this report in accordance with the requirements of

the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. 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 Charnwood Forest Investment Company Ltd 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

Charnwood Forest Investment Company Ltd. You consider that Charnwood Forest Investment Company Ltd 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 Charnwood Forest Investment

Company Ltd. 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.

Charnwood Accountants & Business Advisors LLP

The Point

Granite Way

Mountsorrel

Loughborough

Leicestershire

LE12 7TZ

22 September 2014