Natural Chinese Herbs Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 06403648 (England and Wales)

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2015

FOR

NATURAL CHINESE HERBS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mr R M Farnos

Ms M D L A Farnos

SECRETARY:

Mr C Wilkinson

REGISTERED OFFICE:

Britannic House

657 Liverpool Road

Irlam

Manchester

M44 5XD

BUSINESS ADDRESS:

PDA Cubilas S/N

43870 Amposta

Tarragona

REGISTERED NUMBER:

06403648 (England and Wales)

ACCOUNTANTS:

Cadishead Accountancy Services Limited

Britannic House

657 Liverpool Road

Irlam

Manchester

Lancashire

M44 5XD

CURRENT ASSETS

Debtors

127,847

112,692

Prepayments and accrued income

4,247

4,530

Cash at bank

30,722

29,729

162,816

146,951

CREDITORS

Amounts falling due within one year

(147,324

)

(135,213

)

NET CURRENT ASSETS

15,492

11,738

TOTAL ASSETS LESS CURRENT LIABILITIES

15,492

11,738

CAPITAL AND RESERVES

Called up share capital

2

100

100

Profit and loss account

15,392

11,638

SHAREHOLDERS' FUNDS

15,492

11,738

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 28 September 2016 and were signed on its behalf by:

Mr R M Farnos - Director

Ms M D L A Farnos - 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 goods, excluding value added tax.

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 an approximate rate for the period. Exchange

differences are taken into account in arriving at the operating result.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.15

31.12.14

value:

£

£

100

Ordinary

£1

100

100

3.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr R M Farnos.

The ultimate controlling party is Mr R M Farnos.