California Wash Ltd - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 07466346 (England and Wales)

Abbreviated Accounts for the Year Ended 31 December 2013

for

California Property Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

E Anderson

REGISTERED OFFICE:

307 Trocoll House

Wakering Road

Barking

Essex

IG11 8PD

REGISTERED NUMBER:

07466346 (England and Wales)

ACCOUNTANTS:

Ortenz & Co Ltd

307 Trocoll House

Wakering Road

Barking

Essex

IG11 8PD

FIXED ASSETS

Tangible assets

2

1,500

1,500

CURRENT ASSETS

Stocks

-

10,000

Debtors

11,500

11,500

Cash at bank

753

-

12,253

21,500

CREDITORS

Amounts falling due within one year

27,377

29,061

NET CURRENT LIABILITIES

(15,124

)

(7,561

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(13,624

)

(6,061

)

CREDITORS

Amounts falling due after more than one year

33,161

41,459

NET LIABILITIES

(46,785

)

(47,520

)

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

(46,885

)

(47,620

)

SHAREHOLDERS' FUNDS

(46,785

)

(47,520

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2013 in accordance with Section 476 of the Companies Act 2006.

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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 29 September 2014 and were signed by:

E Anderson - Director

1.	ACCOUNTING POLICIES

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

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

20% on cost per annum.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving

items.

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 January 2013

and 31 December 2013

2,500

DEPRECIATION

At 1 January 2013

and 31 December 2013

1,000

NET BOOK VALUE

At 31 December 2013

1,500

At 31 December 2012

1,500

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.13

31.12.12

value:

£

£

100

Ordinary

1

100

100