cbaSadofskys Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 09378778 (England and Wales)

Abbreviated Unaudited Accounts

for the period

8th January 2015 to 31st March 2016

for

cbaSadofskys Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

A. Brocklehurst

A Drant

C S Brown

T C Barley

M T Baker

P Drant

R G Field

Mrs T K Hutty

S P Jenkinson

M K Todd

REGISTERED OFFICE:

Princes House

Wright Street

Hull

East Yorkshire

HU2 8HX

REGISTERED NUMBER:

09378778 (England and Wales)

FIXED ASSETS

Intangible assets

2

2,009,463

Tangible assets

3

168,523

2,177,986

CURRENT ASSETS

Stocks

243,400

Debtors

457,821

Cash in hand

175

701,396

CREDITORS

Amounts falling due within one year

2,377,467

NET CURRENT LIABILITIES

(1,676,071

)

TOTAL ASSETS LESS CURRENT LIABILITIES

501,915

CAPITAL AND RESERVES

Called up share capital

4

3,012

Profit and loss account

498,903

SHAREHOLDERS' FUNDS

501,915

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31st March 2016.

The members have not required the company to obtain an audit of its financial statements for the period ended 31st March 2016 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 7th October 2016 and were signed on its behalf by:

C S Brown - Director

A. Brocklehurst - Director

A Drant - 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 of goods, 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.

Plant and machinery etc

-

25% on reducing balance, 20% on cost and 15% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

Additions

2,009,463

At 31st March 2016

2,009,463

NET BOOK VALUE

At 31st March 2016

2,009,463

3.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

186,483

At 31st March 2016

186,483

DEPRECIATION

Charge for period

17,960

At 31st March 2016

17,960

NET BOOK VALUE

At 31st March 2016

168,523

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

3,000

Ordinary

£1

3,000

1

Ordinary A Share

£1

1

1

Ordinary B Share

£1

1

1

Ordinary C Share

£1

1

1

Ordinary D Share

£1

1

1

Ordinary E Share

£1

1

1

Ordinary F Share

£1

1

1

Ordinary G Share

£1

1

1

Ordinary H Share

£1

1

1

Ordinary I Share

£1

1

1

Ordinary J Share

£1

1

1

Ordinary K Share

£1

1

1

Ordinary L Share

£1

1

3,012

The following shares were issued during the period for cash at par :

3,000 Ordinary shares of £1

1 Ordinary A Share share of £1

1 Ordinary B Share share of £1

1 Ordinary C Share share of £1

1 Ordinary D Share share of £1

1 Ordinary E Share share of £1

1 Ordinary F Share share of £1

1 Ordinary G Share share of £1

1 Ordinary H Share share of £1

1 Ordinary I Share share of £1

1 Ordinary J Share share of £1

1 Ordinary K Share share of £1

1 Ordinary L Share share of £1