Abbreviated Company Accounts - CATFORD TIMBER COMPANY(THE)

CATFORD TIMBER COMPANY(THE) - Company Information

00110625 CATFORD TIMBER COMPANY(THE) 2015-12-31 false 2015-01-01 2015-12-31 true 00110625 2015-01-01 2015-12-31 00110625 2015-12-31 00110625 2014-12-31 00110625 uk-gaap-cd-bus:Director1 2015-01-01 2015-12-31 00110625 uk-gaap-cd-bus:Director2 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass2 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass2 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass2 2014-12-31 iso4217:GBP shares

Registered Number 00110625

CATFORD TIMBER COMPANY(THE)

Abbreviated Accounts

31 December 2015

CATFORD TIMBER COMPANY(THE) Registered Number 00110625

Abbreviated Balance Sheet as at 31 December 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	6,807	9,074
		6,807	9,074
Current assets
Stocks		69,688	79,782
Debtors		26,127	43,788
Cash at bank and in hand		11,749	17,411
		107,564	140,981
Creditors: amounts falling due within one year		(96,439)	(107,687)
Net current assets (liabilities)		11,125	33,294
Total assets less current liabilities		17,932	42,368
Total net assets (liabilities)		17,932	42,368
Capital and reserves
Called up share capital	3	503	503
Profit and loss account		17,429	41,865
Shareholders' funds		17,932	42,368

For the year ending 31 December 2015 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 8 March 2016

And signed on their behalf by:
A M Ahern, Director

CATFORD TIMBER COMPANY(THE) Registered Number 00110625

Notes to the Abbreviated Accounts for the period ended 31 December 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Plant and machinery 25% reducing balance
Fixtures, fittings & equipment 25% reducing balance
Motor vehicles 25% reducing balance

2Tangible fixed assets

	£
Cost
At 1 January 2015	171,597
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2015	171,597
Depreciation
At 1 January 2015	162,523
Charge for the year	2,267
On disposals	-
At 31 December 2015	164,790
Net book values
At 31 December 2015	6,807
At 31 December 2014	9,074

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
502 A Ordinary shares of £1 each	502	502
20 B Ordinary shares of £0.05 each	1	1