Chapel & York Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 03433025 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2016

FOR

CHAPEL & YORK LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

N Bikson

SECRETARY:

N Bikson

REGISTERED OFFICE:

12 The Courtyard

Ladycross Business Park

Hollow Lane

Lingfield

RH7 6PB

REGISTERED NUMBER:

03433025 (England and Wales)

FIXED ASSETS

Tangible assets

2

2,495

6,359

CURRENT ASSETS

Debtors

85,365

38,038

Cash at bank

97,064

98,523

182,429

136,561

CREDITORS

Amounts falling due within one year

187,285

54,365

NET CURRENT (LIABILITIES)/ASSETS

(4,856

)

82,196

TOTAL ASSETS LESS CURRENT
LIABILITIES

(2,361

)

88,555

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

(2,363

)

88,553

SHAREHOLDERS' FUNDS

(2,361

)

88,555

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 director acknowledges her 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 17 August 2016 and were signed by:

N Bikson - 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, 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.

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

33% on cost

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the

balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at

the date of transaction. Exchange differences are taken into account in arriving at the operating result.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

26,483

DEPRECIATION

At 1 April 2015

20,124

Charge for year

3,864

At 31 March 2016

23,988

NET BOOK VALUE

At 31 March 2016

2,495

At 31 March 2015

6,359

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

2

Ordinary

£1

2

4.	CONTROLLING PARTY

The company was controlled throughout the current and previous year by N Bikson.