Charles McCormick Partners Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 03030532 (England and Wales)

CHARLES MCCORMICK PARTNERS LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2015

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

C E McCormick

SECRETARY:

Mrs A J McCormick

REGISTERED OFFICE:

Old Smiths Yard

Queen Eleanor Road

Geddington

Northamptonshire

NN14 1AY

REGISTERED NUMBER:

03030532 (England and Wales)

ACCOUNTANTS:

Haines Watts Northamptonshire Limited

26-28 Headlands

Kettering

Northamptonshire

NN15 7HP

FIXED ASSETS

Tangible assets

2

1,506

1,914

CURRENT ASSETS

Debtors

3,120

7,444

Cash at bank

28,628

2,697

31,748

10,141

CREDITORS

Amounts falling due within one year

26,954

9,664

NET CURRENT ASSETS

4,794

477

TOTAL ASSETS LESS CURRENT LIABILITIES

6,300

2,391

PROVISIONS FOR LIABILITIES

301

387

NET ASSETS

5,999

2,004

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

5,899

1,904

SHAREHOLDERS' FUNDS

5,999

2,004

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2015 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 17 June 2016 and were signed by:

C E McCormick - 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 services, 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

-

15% on reducing balance

Computer equipment

-

33% 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 October 2014

and 30 September 2015

15,476

DEPRECIATION

At 1 October 2014

13,562

Charge for year

408

At 30 September 2015

13,970

NET BOOK VALUE

At 30 September 2015

1,506

At 30 September 2014

1,914

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

100

Ordinary

£1

100

100

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES