Charcoal Developments Ltd Small abbreviated accounts

CHARCOAL DEVELOPMENTS LTD - Company Information

FY Private Limited Company Company accounts 2016-07-01 2016-07-01 false true false false false false false false false false false false true true Charcoal Developments Ltd 09244591 2016-03-31 2014-10-01 true xbrli:pure xbrli:shares iso4217:GBP 09244591 2014-10-01 2016-03-31 09244591 2016-03-31 09244591 uk-bus:OrdinaryShareClass1 2014-10-01 2016-03-31 09244591 uk-bus:Director1 2014-10-01 2016-03-31 09244591 uk-gaap:AllSubsidiaries 2014-10-01 2016-03-31 09244591 uk-bus:OrdinaryShareClass1 2016-03-31 09244591 uk-lang:English 2014-10-01 2016-03-31 09244591 uk-curr:PoundSterling 2014-10-01 2016-03-31

COMPANY REGISTRATION NUMBER 09244591

CHARCOAL

DEVELOPMENTS LTD

Unaudited

Abbreviated Accounts

31 March 2016

CHARCOAL DEVELOPMENTS LTD

Abbreviated Balance Sheet

31 March 2016

	31 Mar 16
Note	£	£

CURRENT ASSETS

Stocks	266,215
Cash at bank and in hand	13,412
	---------
	279,627
CREDITORS: Amounts falling due within one year	2,280
	---------
NET CURRENT ASSETS		277,347
		---------
TOTAL ASSETS LESS CURRENT LIABILITIES		277,347

CREDITORS: Amounts falling due after more than one year		280,000
		---------
		( 2,653)
		---------

CAPITAL AND RESERVES

Called up equity share capital	2		1
Profit and loss account		( 2,654)
		-------
DEFICIT		( 2,653)
		-------

For the period from 1 October 2014 to 31 March 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These abbreviated accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime.

These abbreviated accounts were approved by the directors and authorised for issue on 30 June 2016 , and are signed on their behalf by:

Mr G Young

Company Registration Number: 09244591

CHARCOAL DEVELOPMENTS LTD

Notes to the Abbreviated Accounts

Period from 1 October 2014 to 31 March 2016

1. ACCOUNTING POLICIES

Basis of accounting

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).

Work in progress

Work in progress is valued at the lower of cost and net realisable value.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Going concern

The company has met its day to day working capital requirements through loans provided by the director and other creditors. On the basis of the director and other creditors' commitment not to withdraw monies owed to them for at least 12 months after the balance sheet date, and to establishing and maintaining the company, the director considers it appropriate to prepare these financial statements on a going concern basis. The financial statements do not include any adjustments that would result from a a recall of any such loans.

2. SHARE CAPITAL

Allotted, called up and fully paid:

No	£
Ordinary shares of £ 1 each	1	1
	----	----

During the period the company issued 1 ordinary share of £ 1 each for £ 1 each to provide a capital base for the company .