Abbreviated Company Accounts - CHAMBERS & SONS LIMITED

Abbreviated Company Accounts - CHAMBERS & SONS LIMITED

CHAMBERS & SONS LIMITED - Company Information

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Registered Number 06276742

CHAMBERS & SONS LIMITED

Abbreviated Accounts

31 July 2015

CHAMBERS & SONS LIMITED Registered Number 06276742

Abbreviated Balance Sheet as at 31 July 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 9,375 -
9,375 -
Current assets
Debtors 32,418 14,632
Cash at bank and in hand 1,481 954
33,899 15,586
Creditors: amounts falling due within one year (18,108) (1,546)
Net current assets (liabilities) 15,791 14,040
Total assets less current liabilities 25,166 14,040
Total net assets (liabilities) 25,166 14,040
Capital and reserves
Called up share capital 3 3
Profit and loss account 25,163 14,037
Shareholders' funds 25,166 14,040
  • For the year ending 31 July 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 5 April 2016

And signed on their behalf by:
C A Chambers, Director

CHAMBERS & SONS LIMITED Registered Number 06276742

Notes to the Abbreviated Accounts for the period ended 31 July 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 chargeable, net of value added tax, in respect of the sale of goods and services to customers

Tangible assets depreciation policy
depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:-
Plant & machinery - 25% reducing balance

2Tangible fixed assets
£
Cost
At 1 August 2014 0
Additions 12,500
Disposals -
Revaluations -
Transfers -
At 31 July 2015 12,500
Depreciation
At 1 August 2014 0
Charge for the year 3,125
On disposals -
At 31 July 2015 3,125
Net book values
At 31 July 2015 9,375
At 31 July 2014 0