Cave J Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 06381639 (England and Wales)

Abbreviated Accounts

for the Year Ended 30 November 2015

for

Cave J Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

J Cave

SECRETARY:

REGISTERED OFFICE:

Lodge Park

Lodge Lane

Colchester

Essex

CO45NE

REGISTERED NUMBER:

06381639 (England and Wales)

ACCOUNTANTS:

Wood & Disney Limited

Lodge Park

Lodge Lane

Langham

Colchester

Essex

CO4 5NE

FIXED ASSETS

Tangible assets

2

29,870

46,848

CURRENT ASSETS

Stocks

70,060

64,583

Debtors

97,070

90,143

Cash at bank

3,515

2,692

170,645

157,418

CREDITORS

Amounts falling due within one year

63,573

66,632

NET CURRENT ASSETS

107,072

90,786

TOTAL ASSETS LESS CURRENT
LIABILITIES

136,942

137,634

CREDITORS

Amounts falling due after more than one
year

66,000

69,000

NET ASSETS

70,942

68,634

CAPITAL AND RESERVES

Called up share capital

3

1

Profit and loss account

70,941

68,633

SHAREHOLDERS' FUNDS

70,942

68,634

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 18 July 2016 and were signed by:

J Cave - 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 reducing balance

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.

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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2014

and 30 November 2015

67,914

DEPRECIATION

At 1 December 2014

21,066

Charge for year

16,978

At 30 November 2015

38,044

NET BOOK VALUE

At 30 November 2015

29,870

At 30 November 2014

46,848

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.15

30.11.14

value:

£

1

Ordinary

£1

1