CHOBHAM_BRIDE_LIMITED - Accounts

CHOBHAM BRIDE LIMITED - Company Information

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Company Registration No. 06968563 (England and Wales)

CHOBHAM BRIDE LIMITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 JULY 2015

CHOBHAM BRIDE LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

CHOBHAM BRIDE LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 JULY 2015

- 1 -

2015

2014

Notes

Fixed assets

Tangible assets

1,582

426

Current assets

Stocks

4,195

3,920

Debtors

15,269

9,267

Cash at bank and in hand

715

1,704

20,179

14,891

Creditors: amounts falling due within one year

(20,115)

(16,065)

Net current assets/(liabilities)

(1,174)

Total assets less current liabilities

1,646

(748)

Capital and reserves

Called up share capital

Profit and loss account

1,645

(749)

Shareholder's funds

1,646

(748)

For the financial year ended 31 July 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 29 April 2016

Ms L A Wright

Director

Company Registration No. 06968563

CHOBHAM BRIDE LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 JULY 2015

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2

Compliance with accounting standards

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

1.3

Turnover

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

1.4

Tangible fixed assets and depreciation

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:

Computer equipment

33% on cost

Fixtures, fittings & equipment

25% on reducing balance

Fixed assets

Tangible assets

Cost

At 1 August 2014

1,177

Additions

1,693

At 31 July 2015

2,870

Depreciation

At 1 August 2014

751

Charge for the year

537

At 31 July 2015

1,288

Net book value

At 31 July 2015

1,582

At 31 July 2014

426

CHOBHAM BRIDE LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 JULY 2015

- 3 -

Share capital

2015

2014

Allotted, called up and fully paid

1 Ordinary of £1 each

Transactions with directors

The following directors had interest free loans during the year. The movement on these loans are as follows:

Amount outstanding

Maximum

2015

2014

in year

Ms L A Wright

9,216