Chaine Logistique Limited - Period Ending 2016-03-31

Registration number: 03885771

Chaine Logistique Limited

Unaudited Abbreviated Accounts

for the Year Ended 31 March 2016
 

Power Accountax Limited
Chartered Accountants
8c High Street
Southampton
Hampshire
SO14 2DH

Chaine Logistique Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

Chaine Logistique Limited
(Registration number: 03885771)
Abbreviated Balance Sheet at 31 March 2016

		Note			2016 £			2015 £
Fixed assets
Tangible fixed assets					98			131
Current assets
Debtors					3,335			3,335
Cash at bank and in hand					36,594			63,590
					39,929			66,925
Creditors: Amounts falling due within one year					(85,884)			(117,206)
Net current liabilities					(45,955)			(50,281)
Net liabilities					(45,857)			(50,150)
Capital and reserves
Called up share capital		3			10			10
Profit and loss account					(45,867)			(50,160)
Shareholders' deficit					(45,857)			(50,150)

For the year ending 31 March 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 director acknowledges his 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 director on 26 October 2016

.........................................
Mr Paul Canham
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

Chaine Logistique Limited
Notes to the Abbreviated Accounts for the Year Ended 31 March 2016
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective January 2015).

Going concern

The financial statements have been prepared on a going concern basis.
The continuation of the business is dependent upon continued financial support from the shareholders and directors. They have indicated their desire to continue to provide that support.

Turnover

Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Furniture, Fittings & Equipment	25% reducing method

Pensions

The company operates a defined contribution pension scheme. Contributions are recognised in the profit and loss account in the period in which they become payable in accordance with the rules of the scheme.

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 April 2015		4,927			4,927
At 31 March 2016		4,927			4,927
Depreciation
At 1 April 2015		4,796			4,796
Charge for the year		33			33
At 31 March 2016		4,829			4,829
Net book value
At 31 March 2016		98			98
At 31 March 2015		131			131

Page 2

Chaine Logistique Limited
Notes to the Abbreviated Accounts for the Year Ended 31 March 2016
......... continued

3	Share capital

Allotted, called up and fully paid shares

	2016						2015
		No.			£			No.			£
Ordinery Shares of £1 each		10			10			10			10

4	Related party transactions

Director's advances and credits

	2016 Advance/ Credit £	2016 Repaid £	2015 Advance/ Credit £	2015 Repaid £
Mr Paul Canham
Advance from director	79,290	-	110,565	-

5

Control

The company is controlled by Mr Paul Canham by virtue of his interest in the issued share capital as disclosed in the Directors Report.

Page 3