Complete Home Control Limited - Accounts to registrar - small 16.1.1

REGISTERED NUMBER: 07224887 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2016

FOR

COMPLETE HOME CONTROL LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

6

DIRECTORS:

E I Hicks

J Coburn

REGISTERED OFFICE:

The Galleries

Charters Road

Sunningdale

Ascot

Berkshire

SL5 9QJ

REGISTERED NUMBER:

07224887 (England and Wales)

ACCOUNTANTS:

Davis Burton Sellek

Chartered Accountants

The Galleries

Charters Road

Sunningdale

Berkshire

SL5 9QJ

FIXED ASSETS

Tangible assets

4

2,813

3,516

CURRENT ASSETS

Debtors: amounts falling due within one year

5

62,892

47,810

Cash at bank

132,555

133,728

195,447

181,538

CREDITORS

Amounts falling due within one year

6

187,322

124,780

NET CURRENT ASSETS

8,125

56,758

TOTAL ASSETS LESS CURRENT LIABILITIES

10,938

60,274

PROVISIONS FOR LIABILITIES

563

703

NET ASSETS

10,375

59,571

CAPITAL AND RESERVES

Called up share capital

103

103

Retained earnings

10,272

59,468

SHAREHOLDERS' FUNDS

10,375

59,571

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 directors acknowledge their 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors on 1 August 2016 and were signed on its behalf by:

E I Hicks - Director

1.	STATUTORY INFORMATION

Complete Home Control Limited is a private company, limited by shares , registered in England and Wales. The

company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents net invoiced sales of goods and services, excluding value added tax.

Turnover comprises of the provision and installation of bespoke home entertainment systems to customers

according to an agreed sales contract.

Revenue is recognised according to stages of completion, as outlined below:

An initial invoice is raised (usually equal to 20% of the total contract value) to cover the costs incurred to that

date in planning the work and the initial goods required. This is recognised when the invoice is raised.The

second stage invoice (usually for 60-65% of the contract value) is raised prior to the goods being ordered. The

final balancing invoice (for the remainder of the contract value, usually 15-20%) is raised once the job has been

completed.

Revenue is deferred or accrued based on when the job has been completed not on when the invoice was raised.

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

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Computer equipment

-

33% on cost

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 profit or loss on a straight line basis over the period of the

lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 April 2015

and 31 March 2016

2,850

3,079

4,984

10,913

DEPRECIATION

At 1 April 2015

570

1,843

4,984

7,397

Charge for year

456

247

-

703

At 31 March 2016

1,026

2,090

4,984

8,100

NET BOOK VALUE

At 31 March 2016

1,824

989

-

2,813

At 31 March 2015

2,280

1,236

-

3,516

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2016

2015

£

£

Trade debtors

60,093

42,933

Other debtors

2,799

4,877

62,892

47,810

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2016

2015

£

£

Trade creditors

85,729

31,531

Taxation and social security

37,870

49,928

Other creditors

63,723

43,321

187,322

124,780

7.	RELATED PARTY DISCLOSURES

During the year, total dividends of £61,800 were paid to the directors .

The following reproduces the text of the report prepared for the directors and members in respect of the

company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is

only required to file a Balance Sheet. Readers are cautioned that the Statement of Comprehensive Income and

certain other primary statements and the Report of the Directors are not required to be filed with the Registrar

of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Complete Home Control Limited for the year ended 31 March 2016 which comprise the

Statement of Comprehensive Income, Balance Sheet, and the related notes from the company's accounting records and

from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Complete Home Control Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Complete Home Control Limited and state those matters that we have agreed to state to the Board of Directors of Complete Home Control Limited, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Complete Home Control Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Complete Home Control Limited. You consider that Complete Home Control Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Complete Home Control Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Davis Burton Sellek

Chartered Accountants

The Galleries

Charters Road

Sunningdale

Berkshire

SL5 9QJ

1 August 2016