C. England Joinery Limited - Limited company - abbreviated - 11.9
C. England Joinery Limited - Limited company - abbreviated - 11.9
| REGISTERED NUMBER: |
| C. ENGLAND JOINERY LIMITED |
| ABBREVIATED UNAUDITED ACCOUNTS |
| FOR THE YEAR ENDED 31 OCTOBER 2015 |
| C. ENGLAND JOINERY LIMITED (REGISTERED NUMBER: 01334364) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31 OCTOBER 2015 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| C. ENGLAND JOINERY LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31 OCTOBER 2015 |
| DIRECTOR: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Certified Accountants |
| C. ENGLAND JOINERY LIMITED (REGISTERED NUMBER: 01334364) |
| ABBREVIATED BALANCE SHEET |
| 31 OCTOBER 2015 |
| 31.10.15 | 31.10.14 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) | ( |
) |
| PROVISIONS FOR LIABILITIES |
| NET LIABILITIES | ( |
) | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital | 3 |
| Profit and loss account | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
| 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 financial statements were approved by the director on |
| C. ENGLAND JOINERY LIMITED (REGISTERED NUMBER: 01334364) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31 OCTOBER 2015 |
| 1. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| At the balance sheet date the company's current liabilities exceeded its current assets. This is primarily due to the |
| company owing monies to the director at the balance sheet date. The director has confirmed his continued |
| financial support to the company for a minimum period of at least 12 months from the date of approving these |
| financial statements. Accordingly the director considers the use of going concern basis of accounting appropriate |
| as there are no material uncertainties related to events or conditions that may cast significant doubt about the |
| ability of the company to continue as a going concern. |
| 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 |
| Plant and machinery | - |
| Fixtures and fittings | - |
| Motor vehicles | - |
| Computer equipment | - |
| 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 taxation arises as the result of including items of income and expenditure in taxation computations in |
| periods different from those in which they are included in the company accounts. Deferred taxation is provided |
| in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average |
| tax rates that are expected to apply when the timing differences reverse, based upon current tax rates and laws. |
| Hire purchase and leasing commitments |
| Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the |
| period of the lease. |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 November 2014 |
| and 31 October 2015 |
| DEPRECIATION |
| At 1 November 2014 |
| Charge for year |
| At 31 October 2015 |
| NET BOOK VALUE |
| At 31 October 2015 |
| At 31 October 2014 |
| C. ENGLAND JOINERY LIMITED (REGISTERED NUMBER: 01334364) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| FOR THE YEAR ENDED 31 OCTOBER 2015 |
| 3. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31.10.15 | 31.10.14 |
| value: | £ | £ |
| Ordinary | £1 |
| 4. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
| Included within other creditors is £51,527 (2014: £28,300) owed to Mr D A Smith, the director. The amount is |
| interest free with no set terms for repayment. |