Abbreviated Company Accounts - CHERRY TRADING LTD

Abbreviated Company Accounts - CHERRY TRADING LTD


Registered Number 07961829

CHERRY TRADING LTD

Abbreviated Accounts

29 February 2016

CHERRY TRADING LTD Registered Number 07961829

Abbreviated Balance Sheet as at 29 February 2016

Notes 2016 2015
£ £
Current assets
Debtors 722 511
Cash at bank and in hand 25,602 14,672
26,324 15,183
Creditors: amounts falling due within one year (29,210) (17,224)
Net current assets (liabilities) (2,886) (2,041)
Total assets less current liabilities (2,886) (2,041)
Total net assets (liabilities) (2,886) (2,041)
Capital and reserves
Called up share capital 2 4 4
Profit and loss account (2,890) (2,045)
Shareholders' funds (2,886) (2,041)
  • For the year ending 29 February 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
  • The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 6 July 2016

And signed on their behalf by:
Philip Bloor, Director

CHERRY TRADING LTD Registered Number 07961829

Notes to the Abbreviated Accounts for the period ended 29 February 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective January 2015.

Other accounting policies
Going concern
The financial statements have been drawn up on the going concern basis. The company owes the directors £27,710 which could be required for repayment without notice. The company is therefore dependent upon the continued support of the directors. The directors do not consider their own support likely to be withdrawn.

2Called Up Share Capital
Allotted, called up and fully paid:
2016
£
2015
£
4 Ordinary shares of £1 each 4 4