Abbreviated Company Accounts - CAMBRIDGE HOME IMPROVEMENT COMPANY LIMITED

CAMBRIDGE HOME IMPROVEMENT COMPANY LIMITED - Company Information

03503267 CAMBRIDGE HOME IMPROVEMENT COMPANY LIMITED 2016-02-28 false 2015-03-01 2016-02-28 true 03503267 2015-03-01 2016-02-28 03503267 2016-02-28 03503267 2015-02-28 03503267 uk-gaap-cd-bus:Director1 2015-03-01 2016-02-28 03503267 uk-gaap-cd-bus:Director2 2015-03-01 2016-02-28 uk-gaap-cd-bus:Director3 2015-03-01 2016-02-28 uk-gaap-cd-bus:Director3 2016-02-28 uk-gaap-cd-bus:Director3 2015-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-01 2016-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2016-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2015-02-28 iso4217:GBP shares

Registered Number 03503267

CAMBRIDGE HOME IMPROVEMENT COMPANY LIMITED

Abbreviated Accounts

28 February 2016

CAMBRIDGE HOME IMPROVEMENT COMPANY LIMITED Registered Number 03503267

Abbreviated Balance Sheet as at 28 February 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	4,683	6,245
		4,683	6,245
Current assets
Stocks		22,130	16,890
Debtors		18,234	20,041
		40,364	36,931
Creditors: amounts falling due within one year		(45,313)	(42,519)
Net current assets (liabilities)		(4,949)	(5,588)
Total assets less current liabilities		(266)	657
Total net assets (liabilities)		(266)	657
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		(268)	655
Shareholders' funds		(266)	657

For the year ending 28 February 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 24 November 2016

And signed on their behalf by:
Mr J A Brown, Director

CAMBRIDGE HOME IMPROVEMENT COMPANY LIMITED Registered Number 03503267

Notes to the Abbreviated Accounts for the period ended 28 February 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in the full accounts in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

The accounts have been prepared on a going concern basis, which assumes that the company will continue in operational existence for the foreseeable future, as the director has agreed to support the company to enable the company to continue trading.

Turnover policy
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the aeets over their estimated useful lives.

Equipment 25% reducing balance
Motor vehicles 25% reducing balance

Other accounting policies
Stocks
Stock is value at the lower of cost and net realiable value.

2Tangible fixed assets

	£
Cost
At 1 March 2015	28,760
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 28 February 2016	28,760
Depreciation
At 1 March 2015	22,515
Charge for the year	1,562
On disposals	-
At 28 February 2016	24,077
Net book values
At 28 February 2016	4,683
At 28 February 2015	6,245

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
2 Ordinary shares of £1 each	2	2

4Transactions with directors

Name of director receiving advance or credit:	Mr J A Brown
Description of the transaction:	Directors account
Balance at 1 March 2015:	£ 11,558
Advances or credits made:	-
Advances or credits repaid:	£ 513
Balance at 28 February 2016:	£ 11,045