CPI Investment Fund Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 04652895 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 January 2016

for

CPI INVESTMENT FUND LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

G Bonfield

SECRETARY:

G Bonfield

REGISTERED OFFICE:

Oakdene

10 Buncer Lane

Witton

Blackburn

Lancashire

BB2 6SE

REGISTERED NUMBER:

04652895 (England and Wales)

ACCOUNTANTS:

Haworths Limited

Chartered Accountants

The Old Tannery

Eastgate

Accrington

Lancashire

BB5 6PW

CURRENT ASSETS

Debtors

2

156,348

77,564

Cash at bank

85,226

163,608

241,574

241,172

CREDITORS

Amounts falling due within one year

2,464

2,062

NET CURRENT ASSETS

239,110

TOTAL ASSETS LESS CURRENT
LIABILITIES

239,110

CAPITAL AND RESERVES

Called up share capital

3

250,000

Profit and loss account

(10,890

)

(10,890

)

SHAREHOLDERS' FUNDS

239,110

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 21 October 2016 and were signed by:

G Bonfield - 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 services, excluding value added tax.

Deferred tax

Deferred tax is recognised in respect of all timing differences except that the recognition of deferred tax assets is

limited to the extent that the company anticipates making sufficient taxable profits in the future to absorb the

reversal of the underlying timing differences.

Foreign currencies

Monetary 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.

Transactions undertaken as agent

Where the company enters into transactions as agent on behalf of its principal and the company does not carry

the risks and rewards of those transactions, the transactions are not reflected in the financial statements.

2.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

The aggregate total of debtors falling due after more than one year is £ 156,348 (2015 - £ 77,564 )

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

250,000

Ordinary

£1

250,000