John Clulow (Frames) Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 04622080 (England and Wales)

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2015

FOR

JOHN CLULOW (FRAMES) LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mr J M Clulow

Mr S J A Clulow

SECRETARY:

Mr P H Ellis

REGISTERED OFFICE:

3 North Street

Oadby

LEICESTER

Leicestershire

LE2 5AH

REGISTERED NUMBER:

04622080 (England and Wales)

ACCOUNTANTS:

Kingsmead Accounting Ltd

Chartered Accountants

3 North Street

Oadby

LEICESTER

Leicestershire

LE2 5AH

FIXED ASSETS

Tangible assets

2

685

914

CURRENT ASSETS

Debtors

13,720

6,801

Cash at bank

8,748

5,473

22,468

12,274

CREDITORS

Amounts falling due within one year

19,394

11,334

NET CURRENT ASSETS

3,074

940

TOTAL ASSETS LESS CURRENT
LIABILITIES

3,759

1,854

PROVISIONS FOR LIABILITIES

137

183

NET ASSETS

3,622

1,671

CAPITAL AND RESERVES

Called up share capital

3

1

Profit and loss account

3,621

1,670

SHAREHOLDERS' FUNDS

3,622

1,671

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 18 April 2016 and were
signed on its behalf by:

Mr J M Clulow - 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 January

2015).

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.

Plant and machinery etc

-

25% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not

reversed at the balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2015

and 31 December 2015

4,104

DEPRECIATION

At 1 January 2015

3,190

Charge for year

229

At 31 December 2015

3,419

NET BOOK VALUE

At 31 December 2015

685

At 31 December 2014

914

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

1

Ordinary

£1

1