Cascade Public House Management Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 02811474 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 April 2016

for

Cascade Public House Management Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Chartered Accountants' Report

6

DIRECTORS:

R S Catte

Mrs L Catte

SECRETARY:

Mrs L Catte

REGISTERED OFFICE:

5 Merlin Way

Bowerhill Trading Estate

Melksham

Wiltshire

SN12 6TJ

REGISTERED NUMBER:

02811474 (England and Wales)

ACCOUNTANTS:

PPS Chartered Accountants

29 Devizes Road

Swindon

Wiltshire

SN1 4BG

FIXED ASSETS

Intangible assets

2

-

Tangible assets

3

58,448

74,586

58,448

74,586

CURRENT ASSETS

Stocks

24,104

50,775

Debtors

114,669

139,152

Cash at bank and in hand

116,281

45,170

255,054

235,097

CREDITORS

Amounts falling due within one year

378,875

436,972

NET CURRENT LIABILITIES

(123,821

)

(201,875

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(65,373

)

(127,289

)

PROVISIONS FOR LIABILITIES

4,963

-

NET LIABILITIES

(70,336

)

(127,289

)

CAPITAL AND RESERVES

Called up share capital

4

105

Profit and loss account

(70,441

)

(127,394

)

SHAREHOLDERS' FUNDS

(70,336

)

(127,289

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 1 November 2016 and were signed on its behalf
by:

R S Catte - 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.

Goodwill

Goodwill, being the difference between the amount paid on the acquisition of a business and the fair value of its

assets and liabilities, has been written off over its useful life.

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 cost and 15% on cost

Stocks

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

moving items.

Deferred tax

Deferred tax is provided in full on timing differences which result in an obligation at the balance sheet date to

pay more tax, or a right to pay less tax, at a future date, at rates expected to apply when they crystallise, based on

current tax rates and law. Timing differences arise from the inclusion of items of income and expenditure in

taxation computations in periods different from those in which they are included in the financial statements.

Deferred tax assets are recognised to the extent that it is regarded as more likely than not that they will be

recovered. Deferred tax assets and liabilities are not discounted.

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

At 1 May 2015

and 30 April 2016

145,000

AMORTISATION

At 1 May 2015

and 30 April 2016

145,000

NET BOOK VALUE

At 30 April 2016

-

At 30 April 2015

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2015

313,569

Additions

24,130

Disposals

(28,059

)

At 30 April 2016

309,640

DEPRECIATION

At 1 May 2015

238,983

Charge for year

30,726

Eliminated on disposal

(18,517

)

At 30 April 2016

251,192

NET BOOK VALUE

At 30 April 2016

58,448

At 30 April 2015

74,586

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.16

30.4.15

value:

£

100

Ordinary

£1

100

5

A Ordinary

£1

5

105

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to five)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Cascade Public House Management Limited for the year ended 30 April 2016 which comprise

the Profit and Loss Account, the Balance Sheet and the related notes 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 Cascade Public House Management Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Cascade Public House Management Limited and state those matters that we have agreed to state to the Board of Directors of Cascade Public House Management Limited, 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 the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Cascade Public House Management Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Cascade Public House Management Limited. You consider that Cascade Public House Management Limited 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 financial statements of Cascade Public House Management Limited. 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 financial statements.

PPS Chartered Accountants

29 Devizes Road

Swindon

Wiltshire

SN1 4BG

1 November 2016