Chandley Robinson Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 06461219 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2016

FOR

CHANDLEY ROBINSON LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

P G Robinson

SECRETARY:

P G Robinson

REGISTERED OFFICE:

8A Manor Close

Cheadle Hulme

CHEADLE

Cheshire

SK8 7DJ

REGISTERED NUMBER:

06461219 (England and Wales)

ACCOUNTANTS:

Chandley Robinson Limited

Chartered Accountants

8A Manor Close

Cheadle Hulme

CHEADLE

Cheshire

SK8 7DJ

FIXED ASSETS

Intangible assets

2

9,886

14,829

Tangible assets

3

1,442

3,397

11,328

18,226

CURRENT ASSETS

Stocks

5,650

7,200

Debtors

4

56,100

75,434

Cash at bank and in hand

43,656

58,092

105,406

140,726

CREDITORS

Amounts falling due within one year

45,600

79,520

NET CURRENT ASSETS

59,806

61,206

TOTAL ASSETS LESS CURRENT LIABILITIES

71,134

79,432

PROVISIONS FOR LIABILITIES

-

540

NET ASSETS

71,134

78,892

CAPITAL AND RESERVES

Called up share capital

5

101

101

Profit and loss account

71,033

78,791

SHAREHOLDERS' FUNDS

71,134

78,892

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2016 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 18th August 2016 and were signed by:

P G Robinson - 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).

Exemption from preparing a cash flow statement

Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a

small company.

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2008, is being amortised evenly over its estimated useful life of ten years.

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

-

15% on cost

Computer equipment

-

25% on cost

Stocks

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

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

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.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1st April 2015

and 31st March 2016

49,425

AMORTISATION

At 1st April 2015

34,596

Amortisation for year

4,943

At 31st March 2016

39,539

NET BOOK VALUE

At 31st March 2016

9,886

At 31st March 2015

14,829

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st April 2015

12,873

Additions

385

Disposals

(7,784

)

At 31st March 2016

5,474

DEPRECIATION

At 1st April 2015

9,476

Charge for year

1,149

Eliminated on disposal

(6,593

)

At 31st March 2016

4,032

NET BOOK VALUE

At 31st March 2016

1,442

At 31st March 2015

3,397

4.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

The aggregate total of debtors falling due after more than one year is £ 0 (2015 - £ 11,431 )

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

100

Ordinary

£1

100

100

1

Ordinary 'A'

£1

1

1

101

101

6.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES