Abbreviated Company Accounts - CHIC MARBLE LIMITED

CHIC MARBLE LIMITED - Company Information

04953103 CHIC MARBLE LIMITED 2015-11-30 false 2014-12-01 2015-11-30 true 04953103 2014-12-01 2015-11-30 04953103 2015-11-30 04953103 2014-11-30 04953103 uk-gaap-cd-bus:Director1 2014-12-01 2015-11-30 04953103 uk-gaap-cd-bus:Director2 2014-12-01 2015-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-01 2015-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-11-30 iso4217:GBP shares

Registered Number 04953103

CHIC MARBLE LIMITED

Abbreviated Accounts

30 November 2015

CHIC MARBLE LIMITED Registered Number 04953103

Abbreviated Balance Sheet as at 30 November 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	8,644	15,225
		8,644	15,225
Current assets
Stocks		126,000	177,000
Debtors		57,907	36,567
Cash at bank and in hand		61,197	64,862
		245,104	278,429
Creditors: amounts falling due within one year		(116,257)	(187,593)
Net current assets (liabilities)		128,847	90,836
Total assets less current liabilities		137,491	106,061
Total net assets (liabilities)		137,491	106,061
Capital and reserves
Called up share capital	3	100,000	100,000
Profit and loss account		37,491	6,061
Shareholders' funds		137,491	106,061

For the year ending 30 November 2015 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 30 August 2016

And signed on their behalf by:
M Dajneibeid, Director
A M A IBAIDALDAAJNA, Director

CHIC MARBLE LIMITED Registered Number 04953103

Notes to the Abbreviated Accounts for the period ended 30 November 2015

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 April 2008.

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

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost

Valuation information and policy
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

2Tangible fixed assets

	£
Cost
At 1 December 2014	37,059
Additions	1,143
Disposals	-
Revaluations	-
Transfers	-
At 30 November 2015	38,202
Depreciation
At 1 December 2014	21,834
Charge for the year	7,724
On disposals	-
At 30 November 2015	29,558
Net book values
At 30 November 2015	8,644
At 30 November 2014	15,225

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
100,000 Ordinary shares of £1 each	100,000	100,000