Chris James Homes Ltd - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 07084820 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 November 2015

for

Chris James Homes Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

C J O'Connell

J Slattery

SECRETARIES:

Mrs C Slattery

Mrs S M O'Connell

REGISTERED OFFICE:

Elmstone Court

Upper Minety

Malmesbury

Malmesbury

Wiltshire

SN16 9PR

REGISTERED NUMBER:

07084820 (England and Wales)

ACCOUNTANTS:

Morley & Co (UK) Ltd

Chartered Certified Accountants,

2 Cricklade Court

Old Town

Swindon

Wiltshire

SN1 3EY

FIXED ASSETS

Tangible assets

2

19,169

2,446

CURRENT ASSETS

Debtors

367,364

498,989

Cash at bank and in hand

39,333

1,003

406,697

499,992

CREDITORS

Amounts falling due within one year

3

249,399

538,694

NET CURRENT ASSETS/(LIABILITIES)

157,298

(38,702

)

TOTAL ASSETS LESS CURRENT LIABILITIES

176,467

(36,256

)

CREDITORS

Amounts falling due after more than one year

3

(140,000

)

-

PROVISIONS FOR LIABILITIES

(3,834

)

(489

)

NET ASSETS/(LIABILITIES)

32,633

(36,745

)

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

32,533

(36,845

)

SHAREHOLDERS' FUNDS

32,633

(36,745

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 4 March 2016 and were signed on its behalf by:

C J O'Connell - 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.

Plant and machinery

-

25% on cost

Fixtures and fittings

-

25% 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 December 2014

3,923

Additions

23,385

At 30 November 2015

27,308

DEPRECIATION

At 1 December 2014

1,477

Charge for year

6,662

At 30 November 2015

8,139

NET BOOK VALUE

At 30 November 2015

19,169

At 30 November 2014

2,446

3.

CREDITORS

Creditors include an amount of £ 0 (2014 - £ 114 ) for which security has been given.

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

40

A Ordinary

£1

40

40

10

B Ordinary

£1

10

10

40

C Ordinary

£1

40

40

10

D Ordinary

£1

10

10

100

100

5.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date £154,938 (2014 £427,356) was owed to Mr C J O'Connell and £60,492 (2014 £19,912)

was owed to Mr J M Slattery, directors of the company.