C2 Furniture Contracts Limited - Limited company - abbreviated - 11.9

C2 Furniture Contracts Limited - Limited company - abbreviated - 11.9

C2 FURNITURE CONTRACTS LIMITED - Company Information

Print Friendly Version

04459524 1.10.14 30.9.15 30.9.15 Company accounts Private Limited Company FY true false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure044595242014-09-30044595242015-09-30044595242014-10-012015-09-30044595242013-09-30044595242013-10-012014-09-30044595242014-09-3004459524ns12:England2014-10-012015-09-3004459524ns14:PoundSterling2014-10-012015-09-3004459524ns7:Director12014-10-012015-09-3004459524ns7:OrdinaryShareClass12014-10-012015-09-3004459524ns7:RegisteredOffice2014-10-012015-09-3004459524ns7:EntityAccountantsOrAuditors2014-10-012015-09-3004459524ns5:PlantMachinery2014-10-012015-09-3004459524ns7:OrdinaryShareClass12015-09-3004459524ns7:OrdinaryShareClass12014-09-30
















C2 FURNITURE CONTRACTS LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED

30 SEPTEMBER 2015






C2 FURNITURE CONTRACTS LIMITED (REGISTERED NUMBER: 04459524)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2015




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

Chartered Accountants' Report 5

C2 FURNITURE CONTRACTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2015







DIRECTOR: C Cookson





REGISTERED OFFICE: 201 Haverstock Hill
London
NW3 4QG





REGISTERED NUMBER: 04459524 (England and Wales)





ACCOUNTANTS: AEL Markhams Ltd
Chartered Accountants
201 Haverstock Hill
London
NW3 4QG
Page 1
C2 FURNITURE CONTRACTS LIMITED (REGISTERED NUMBER: 04459524)

ABBREVIATED BALANCE SHEET
30 SEPTEMBER 2015

2015 2014
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 2,841 3,670

CURRENT ASSETS
Debtors 9,525 35,555
Cash at bank 110,810 189,222
120,335 224,777
CREDITORS
Amounts falling due within one year 6,037 46,539
NET CURRENT ASSETS 114,298 178,238
TOTAL ASSETS LESS CURRENT
LIABILITIES
117,139
181,908

CAPITAL AND RESERVES
Called up share capital 3 15,000 15,000
Profit and loss account 102,139 166,908
SHAREHOLDERS' FUNDS 117,139 181,908

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 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 4 December 2015 and were signed by:





C Cookson - Director


The notes form part of these abbreviated accounts

Page 2
C2 FURNITURE CONTRACTS LIMITED (REGISTERED NUMBER: 04459524)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2015

1. ACCOUNTING POLICIES

Basis of preparing the financial statements
The accounts are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom
Generally Accepted Accounting Practice), which have been consistently applied (except as otherwise stated).

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).

Going concern basis
The director has formed the judgement, at the time of approving the financial statements, that there is a reasonable
expectation that the Company has sufficient access to financial resources which, together with internally generated cash
flows, will continue to provide sufficient sources of liquidity to fund its current operations including its contractual and
commercial commitments and the Company is well placed to manage its business risks successfully, despite the current
economic outlook.

For this reason, the director continues to adopt the going concern basis in preparing the financial statements.

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 - 33% on cost and 25% on cost

Taxation
The tax expense represents the sum of the tax currently payable and the deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit before taxation as
reported in the profit and loss account because it excludes items of income and expense that are taxable or deductible in
other years and it further excludes items which are never taxable or deductible. The Company's liability for current tax is
calculated using tax rates that have been enacted or substantially enacted by the balance sheet date.

Deferred tax is the tax expected to be payable or recoverable on differences between the carrying amounts of assets and
liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. This is
accounted for using the balance sheet liability method. Deferred tax liabilities are generally recognised for all taxable
temporary differences and deferred tax assets are recognised to the extent that it is probable that taxable profits will be
available against which deductible temporary differences can be utilised.

Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset
realised.

At balance sheet date a deferred tax asset of £4,863 is noted as the trading losses were carried back to previous years.

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.

Trade debtors
Trade debtors are recognised and carried at original invoice amount less an allowance for any non-collectable amounts. An
estimate for doubtful debts is made when collection of the full amount is no longer probable. Bad debts are written off
when identified.

Page 3 continued...
C2 FURNITURE CONTRACTS LIMITED (REGISTERED NUMBER: 04459524)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2015

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 October 2014 30,427
Additions 400
At 30 September 2015 30,827
DEPRECIATION
At 1 October 2014 26,757
Charge for year 1,229
At 30 September 2015 27,986
NET BOOK VALUE
At 30 September 2015 2,841
At 30 September 2014 3,670

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2015 2014
value: £    £   
15,000 Ordinary £1 15,000 15,000

Page 4
CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
C2 FURNITURE CONTRACTS LIMITED

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited
financial statements, from which the unaudited abbreviated accounts (set out on pages two to four) 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 C2 Furniture Contracts Limited for the year ended 30 September 2015 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 Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the director of C2 Furniture Contracts Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of C2 Furniture Contracts Limited and state those matters that we have agreed to state to the director of C2 Furniture Contracts Limited in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that C2 Furniture Contracts Limited 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 loss of C2 Furniture Contracts Limited. You consider that C2 Furniture Contracts Limited 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 C2 Furniture Contracts Limited. 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.






AEL Markhams Ltd
Chartered Accountants
201 Haverstock Hill
London
NW3 4QG


4 December 2015

This page does not form part of the abbreviated accounts

Page 5