Cheshire Pest Solutions Ltd - Period Ending 2016-07-31

Registration number: 09141064

Cheshire Pest Solutions Ltd

Unaudited Abbreviated Accounts

for the Year Ended 31 July 2016
 

Paul Austen Associates Ltd
Chartered Accountants
Charter House
7-9 Wagg Street
Congleton
Congleton
Cheshire
CW12 4BA

Cheshire Pest Solutions Ltd
Contents

Accountants' Report 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3 to 4

The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 4) have been prepared.

Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Cheshire Pest Solutions Ltd
for the Year Ended 31 July 2016

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Cheshire Pest Solutions Ltd for the year ended 31 July 2016 set out on pages from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Cheshire Pest Solutions Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Cheshire Pest Solutions Ltd and state those matters that we have agreed to state to them, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Cheshire Pest Solutions Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Cheshire Pest Solutions Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Cheshire Pest Solutions Ltd. You consider that Cheshire Pest Solutions Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Cheshire Pest Solutions Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Paul Austen Associates Ltd
Chartered Accountants
Charter House
7-9 Wagg Street
Congleton
Congleton
Cheshire
CW12 4BA

8 September 2016

Page 1

Cheshire Pest Solutions Ltd
(Registration number: 09141064)
Abbreviated Balance Sheet at 31 July 2016

		Note			31 July 2016 £			31 July 2015 £
Fixed assets
Tangible fixed assets					8,496			2,316
Current assets
Debtors					6,909			7,047
Cash at bank and in hand					37,796			17,715
					44,705			24,762
Creditors: Amounts falling due within one year					(38,936)			(23,931)
Net current assets					5,769			831
Net assets					14,265			3,147
Capital and reserves
Called up share capital		3			1			1
Profit and loss account					14,264			3,146
Shareholders' funds					14,265			3,147

For the year ending 31 July 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 director acknowledges his 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 director on 8 September 2016

.........................................
Mr James Lancaster
Director

The notes on pages 3 to 4 form an integral part of these financial statements.
Page 2

Cheshire Pest Solutions Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 July 2016
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, 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 amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows;

Asset class	Depreciation method and rate
Plant and machinery	25% Reducing Balance

Hire purchase and leasing

Rentals payable under operating leases are charged in the profit and loss account on a straight line basis over the lease term.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

Page 3

Cheshire Pest Solutions Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 July 2016
......... continued

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 August 2015		3,088			3,088
Additions		9,012			9,012
At 31 July 2016		12,100			12,100
Depreciation
At 1 August 2015		772			772
Charge for the year		2,832			2,832
At 31 July 2016		3,604			3,604
Net book value
At 31 July 2016		8,496			8,496
At 31 July 2015		2,316			2,316

3	Share capital

Allotted, called up and fully paid shares

	31 July 2016						31 July 2015
		No.			£			No.			£
Ordinary shares of £1 each		1			1			1			1

4	Related party transactions

Director's advances and credits

	Year ended 31 July 2016 Advance/ Credit £	Year ended 31 July 2016 Repaid £	21 July 2014 to 31 July 2015 Advance/ Credit £	21 July 2014 to 31 July 2015 Repaid £
Mr James Lancaster
Amount loaned from director	25,941	-	15,958	-

Page 4