Caldyne Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 02010101 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

FOR

CALDYNE LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

B D P Williams

Mrs M Benniman

REGISTERED OFFICE:

Caldyne Park

Wallage Lane

Rowfant

Crawley

West Sussex

RH10 4NQ

REGISTERED NUMBER:

02010101 (England and Wales)

ACCOUNTANTS:

Hilton Sharp & Clarke

30 New Road

Brighton

East Sussex

BN1 1BN

FIXED ASSETS

Tangible assets

2

25,940

27,815

Investments

3

4,000

4,000

29,940

31,815

CURRENT ASSETS

Stocks

13,591

157,070

Debtors

195,182

197,438

Cash at bank and in hand

46,238

1,930

255,011

356,438

CREDITORS

Amounts falling due within one year

285,404

421,099

NET CURRENT LIABILITIES

(30,393

)

(64,661

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(453

)

(32,846

)

CREDITORS

Amounts falling due after more than one year

(5,834

)

-

PROVISIONS FOR LIABILITIES

(3,300

)

(3,200

)

NET LIABILITIES

(9,587

)

(36,046

)

CAPITAL AND RESERVES

Called up share capital

4

1,000

1,000

Profit and loss account

(10,587

)

(37,046

)

SHAREHOLDERS' FUNDS

(9,587

)

(36,046

)

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 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 15 July 2016 and were signed on its behalf by:

B D P Williams - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared on the going concern basis due to the directors' pledged continued support of

the business.

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 the total invoice value, excluding value added tax, of sales made during the year.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Long leasehold

-

Straight line over the life of the lease

Plant and machinery

-

15% on reducing balance

Fixtures, fittings & equipment

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire

purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over

their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The capital

element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are

charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

181,891

Additions

8,750

Disposals

(8,266

)

At 31 March 2016

182,375

DEPRECIATION

At 1 April 2015

154,076

Charge for year

6,322

Eliminated on disposal

(3,963

)

At 31 March 2016

156,435

NET BOOK VALUE

At 31 March 2016

25,940

At 31 March 2015

27,815

3.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 April 2015

and 31 March 2016

4,000

NET BOOK VALUE

At 31 March 2016

4,000

At 31 March 2015

4,000

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

1,000

Ordinary

£1

1,000

1,000

5.	ULTIMATE CONTROLLING PARTY