Celsius Refrigeration & Air Conditioning - Abbreviated accounts 16.1

REGISTERED NUMBER: 02665566 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2016

for

Celsius Refrigeration and Air

Conditioning Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

R J Golding

REGISTERED OFFICE:

Willow Tree Farm

Denham Lane

Chalfont St Peter

Buckinghamshire

SL9 0QW

REGISTERED NUMBER:

02665566 (England and Wales)

ACCOUNTANTS:

JCR Business Services Limited

101 Bushey Grove Road

Bushey

Hertfordshire

WD23 2JN

FIXED ASSETS

Tangible assets

2

6,744

598

CURRENT ASSETS

Stocks

1,910

2,011

Debtors

10,000

15,797

Cash at bank and in hand

44,362

58,161

56,272

75,969

CREDITORS

Amounts falling due within one year

32,358

56,042

NET CURRENT ASSETS

23,914

19,927

TOTAL ASSETS LESS CURRENT
LIABILITIES

30,658

20,525

CAPITAL AND RESERVES

Called up share capital

3

1,000

Profit and loss account

29,658

19,525

SHAREHOLDERS' FUNDS

30,658

20,525

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 26 May 2016 and were signed by:

R J Golding - 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 cost

Stocks

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

moving items.

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 April 2015

18,973

Additions

8,403

At 31 March 2016

27,376

DEPRECIATION

At 1 April 2015

18,375

Charge for year

2,257

At 31 March 2016

20,632

NET BOOK VALUE

At 31 March 2016

6,744

At 31 March 2015

598

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

1,000

Ordinary shares

£1

1,000