W.Chapman & Sons Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 00376331 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2015

FOR

W.CHAPMAN & SONS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

J.C. Chapman

K J Chapman

S.J. Chapman

SECRETARY:

K J Chapman

REGISTERED OFFICE:

Scots Craig

Hillcrest Waye

Gerrards Cross

Buckinghamshire

SL9 8DN

REGISTERED NUMBER:

00376331 (England and Wales)

ACCOUNTANTS:

Collard Associates Limited

26 Orleans Road

Twickenham

TW1 3BL

FIXED ASSETS

Tangible assets

2

512,989

514,250

Investments

3

30,012

543,001

544,262

CURRENT ASSETS

Cash at bank

16,937

10,065

CREDITORS

Amounts falling due within one year

35,466

50,563

NET CURRENT LIABILITIES

(18,529

)

(40,498

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

524,472

503,764

CAPITAL AND RESERVES

Called up share capital

4

6,505

Revaluation reserve

347,601

Capital redemption reserve

600

Other reserves

140

Profit and loss account

169,626

148,918

SHAREHOLDERS' FUNDS

524,472

503,764

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2015 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 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 Board of Directors on 16 July 2016 and were signed on its behalf by:

J.C. Chapman - Director

S.J. Chapman - 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 rents receivable during the accounting period

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% 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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2015

and 31 December 2015

557,000

DEPRECIATION

At 1 January 2015

42,750

Charge for year

1,261

At 31 December 2015

44,011

NET BOOK VALUE

At 31 December 2015

512,989

At 31 December 2014

514,250

3.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 January 2015

and 31 December 2015

30,012

NET BOOK VALUE

At 31 December 2015

30,012

At 31 December 2014

30,012

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

905

Ordinary shares

£1

905

5,600

Deferred Shares

£1

5,600

6,505