Cirencester Fabrication Services Limited - Abbreviated accounts 16.1

Cirencester Fabrication Services Limited - Abbreviated accounts 16.1

CIRENCESTER FABRICATION SERVICES LIMITED - Company Information

Print Friendly Version

06820512 1.3.15 29.2.16 29.2.16 Company accounts Private Limited Company FY true false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure068205122015-02-28068205122016-02-29068205122015-03-012016-02-29068205122014-02-28068205122014-03-012015-02-28068205122015-02-2806820512ns12:England2015-03-012016-02-2906820512ns14:PoundSterling2015-03-012016-02-2906820512ns7:Director12015-03-012016-02-2906820512ns7:OrdinaryShareClass12015-03-012016-02-2906820512ns5:PlantMachinery2015-03-012016-02-2906820512ns7:OrdinaryShareClass12016-02-2906820512ns7:OrdinaryShareClass12015-02-28
REGISTERED NUMBER: 06820512 (England and Wales)















Cirencester Fabrication Services Limited

Abbreviated Accounts for the Year Ended 29th February 2016






Cirencester Fabrication Services Limited (Registered number: 06820512)






Contents of the Abbreviated Accounts
for the Year Ended 29th February 2016




Page

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2

Cirencester Fabrication Services Limited (Registered number: 06820512)

Abbreviated Balance Sheet
29th February 2016

2016 2015
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 5,202 6,120

CURRENT ASSETS
Stocks 44,619 46,403
Debtors 108,184 91,509
Cash at bank 13,378 8,490
166,181 146,402
CREDITORS
Amounts falling due within one year 56,137 62,764
NET CURRENT ASSETS 110,044 83,638
TOTAL ASSETS LESS CURRENT
LIABILITIES
115,246
89,758

CAPITAL AND RESERVES
Called up share capital 3 100 100
Profit and loss account 115,146 89,658
SHAREHOLDERS' FUNDS 115,246 89,758

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29th February 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 29th February 2016 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 2nd June 2016 and were signed by:




P W Brown - Director


The notes form part of these abbreviated accounts

Page 1
Cirencester Fabrication Services Limited (Registered number: 06820512)

Notes to the Abbreviated Accounts
for the Year Ended 29th February 2016

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 amounts receivable for services supplied, net of 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 - 15% on reducing balance

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

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's
pension scheme are charged to the profit and loss account in the period to which they relate.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1st March 2015
and 29th February 2016 7,200
DEPRECIATION
At 1st March 2015 1,080
Charge for year 918
At 29th February 2016 1,998
NET BOOK VALUE
At 29th February 2016 5,202
At 28th February 2015 6,120

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2016 2015
value: £    £   
100 Ordinary 1 100 100

Page 2