Abbreviated Company Accounts - CHARNOCK DONNELLY LTD

Abbreviated Company Accounts - CHARNOCK DONNELLY LTD

CHARNOCK DONNELLY LTD - Company Information

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Registered Number 06613343

CHARNOCK DONNELLY LTD

Abbreviated Accounts

30 June 2015

CHARNOCK DONNELLY LTD Registered Number 06613343

Abbreviated Balance Sheet as at 30 June 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 2,390 2,812
Investments 3 10,500 10,500
12,890 13,312
Current assets
Debtors 5,980 12,826
Cash at bank and in hand 85,325 51,179
91,305 64,005
Creditors: amounts falling due within one year (142,701) (95,669)
Net current assets (liabilities) (51,396) (31,664)
Total assets less current liabilities (38,506) (18,352)
Total net assets (liabilities) (38,506) (18,352)
Capital and reserves
Called up share capital 4 300 300
Profit and loss account (38,806) (18,652)
Shareholders' funds (38,506) (18,352)
  • For the year ending 30 June 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 23 March 2016

And signed on their behalf by:
Mr A Parmar, Director

CHARNOCK DONNELLY LTD Registered Number 06613343

Notes to the Abbreviated Accounts for the period ended 30 June 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.

The company has taken advantage of the exemption in FRS1 from the requirement to produce a cash flow statement because it is a small company.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods and services falling within the company's ordinary activities.

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

Fixtures, fittings and equipment - 15% reducing balance

Valuation information and policy
Investments
Fixed asset investments are stated at cost less provision for permanent diminution in value.

Other accounting policies
Foreign Currencies
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rates of exchange prevailing at the accounting date. Transactions in foreign currency are recorded at the date of transactions. All differences are taken to the Profit and Loss account.

Going Concern
The accounts have been prepared under the going concern basis, the validity of which is based on the continued support of the company’s creditors. In the absence of such support, the going concern basis would be invalid and provisions would have to be made for ay losses that may arise on the realisation of the company’s assets.

2Tangible fixed assets
£
Cost
At 1 July 2014 10,684
Additions -
Disposals -
Revaluations -
Transfers -
At 30 June 2015 10,684
Depreciation
At 1 July 2014 7,872
Charge for the year 422
On disposals -
At 30 June 2015 8,294
Net book values
At 30 June 2015 2,390
At 30 June 2014 2,812

3Fixed assets Investments
Investments
Cost
B/f £10,500
C/f £10,500
NBV
B/f £10,500
C/f £10,500

4Called Up Share Capital
Allotted, called up and fully paid:
2015
£		 2014
£
300 Ordinary shares of £1 each 300 300