The Clarendon Kitchen Company Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 05733317 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2016

for

The Clarendon Kitchen Company Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

D P Cox

REGISTERED OFFICE:

Unit 17

Penfold Drive

Wymondham

Norfolk

NR18 0WZ

REGISTERED NUMBER:

05733317 (England and Wales)

ACCOUNTANTS:

Farnell Clarke Limited

Evolution House

Delft Way

Norwich Airport

Norwich

Norfolk

NR6 6BB

FIXED ASSETS

Tangible assets

2

4,703

5,410

CURRENT ASSETS

Stocks

3,500

8,000

Debtors

55,805

35,191

Cash at bank

1,357

3,900

60,662

47,091

CREDITORS

Amounts falling due within one year

80,158

52,455

NET CURRENT LIABILITIES

(19,496

)

(5,364

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(14,793

)

46

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

(14,795

)

44

SHAREHOLDERS' FUNDS

(14,793

)

46

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 15 November 2016 and were signed by:

D P Cox - 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

-

33% on cost

Fixtures and fittings

-

33% on cost

Computer equipment

-

33% 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 recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

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.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

8,112

Additions

2,988

At 31 March 2016

11,100

DEPRECIATION

At 1 April 2015

2,702

Charge for year

3,695

At 31 March 2016

6,397

NET BOOK VALUE

At 31 March 2016

4,703

At 31 March 2015

5,410

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

2

Ordinary

£1

2

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2016 and

31 March 2015:

31.3.16

31.3.15

£

D P Cox

Balance outstanding at start of year

22,275

-

Amounts advanced

34,518

22,275

Amounts repaid

(22,356

)

-

Balance outstanding at end of year

34,437

22,275

At the balance sheet date Mr D Cox owed the company £34,437.