| Carder Country Limited |
| Registered number: |
07900408 |
| Abbreviated Balance Sheet |
| as at 31 March 2016 |
|
| Notes |
|
|
2016 |
|
|
2015 |
| £ |
£ |
| Fixed assets |
| Intangible assets |
2 |
|
|
46,528 |
|
|
51,370 |
| Tangible assets |
3 |
|
|
8,387 |
|
|
1,387 |
|
|
|
|
54,915 |
|
|
52,757 |
|
| Current assets |
| Stocks |
|
|
279,917 |
|
|
254,685 |
| Debtors |
|
|
16,590 |
|
|
4,265 |
| Cash at bank and in hand |
|
|
5,092 |
|
|
7,449 |
|
|
|
301,599 |
|
|
266,399 |
|
| Creditors: amounts falling due within one year |
|
|
(155,117) |
|
|
(129,474) |
|
| Net current assets |
|
|
|
146,482 |
|
|
136,925 |
|
| Total assets less current liabilities |
|
|
|
201,397 |
|
|
189,682 |
|
| Creditors: amounts falling due after more than one year |
|
|
|
(180,070) |
|
|
(198,903) |
|
|
|
| Net assets/(liabilities) |
|
|
|
21,327 |
|
|
(9,221) |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
4 |
|
|
120 |
|
|
120 |
| Share premium |
|
|
|
24,994 |
|
|
24,994 |
| Profit and loss account |
|
|
|
(3,787) |
|
|
(34,335) |
|
| Shareholders' funds |
|
|
|
21,327 |
|
|
(9,221) |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| W Gibbard |
| Director |
| Approved by the board on 21 June 2016 |
|
| Carder Country Limited |
| Notes to the Abbreviated Accounts |
| for the year ended 31 March 2016 |
|
| 1 |
Accounting policies |
|
|
Turnover |
|
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant and machinery |
Straight line over 3 years |
|
Equipment, fixtures and fittings |
25% reducing balance |
|
|
Stocks |
|
Stock is valued at the lower of cost and net realisable value. |
|
|
| 2 |
Intangible fixed assets |
£ |
|
|
Cost |
|
At 1 April 2015 |
57,078 |
|
Additions |
10,000 |
|
At 31 March 2016 |
67,078 |
|
|
|
|
|
|
|
|
Amortisation |
|
At 1 April 2015 |
5,708 |
|
Provided during the year |
14,842 |
|
At 31 March 2016 |
20,550 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2016 |
46,528 |
|
At 31 March 2015 |
51,370 |
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 April 2015 |
1,850 |
|
Additions |
11,024 |
|
At 31 March 2016 |
12,874 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 April 2015 |
463 |
|
Charge for the year |
4,024 |
|
At 31 March 2016 |
4,487 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2016 |
8,387 |
|
At 31 March 2015 |
1,387 |
|
|
|
|
|
|
|
|
| 4 |
Share capital |
Nominal |
|
2016 |
|
2016 |
|
2015 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
120 |
|
120 |
|
120 |
|
|
|
|
|
|
|
|
|
