Candy Fitness Ltd - Abbreviated accounts 16.3

Candy Fitness Ltd - Abbreviated accounts 16.3


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REGISTERED NUMBER: 08932985 (England and Wales)















Abbreviated Unaudited Accounts for the Year Ended 31st March 2016

for

CANDY FITNESS LTD

CANDY FITNESS LTD (REGISTERED NUMBER: 08932985)






Contents of the Abbreviated Accounts
for the Year Ended 31st March 2016




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

CANDY FITNESS LTD

Company Information
for the Year Ended 31st March 2016







DIRECTORS: C D Wright
A J Keighley





REGISTERED OFFICE: Magnolia Park
Valley Road
Hughenden Valley
High Wycombe
Buckinghamshire
HP14 4LA





REGISTERED NUMBER: 08932985 (England and Wales)





ACCOUNTANTS: Quantulus Limited
Accountants & Business Advisors
Spen Cottage
Coombe Lane
Hughenden Valley
Buckinghamshire
HP14 4NX

CANDY FITNESS LTD (REGISTERED NUMBER: 08932985)

Abbreviated Balance Sheet
31st March 2016

2016 2015
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 134,702 165,406

CURRENT ASSETS
Debtors 12,303 10,675
Cash at bank 2,597 13,528
14,900 24,203
CREDITORS
Amounts falling due within one year 154,548 158,070
NET CURRENT LIABILITIES (139,648 ) (133,867 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(4,946

)

31,539

CREDITORS
Amounts falling due after more than one
year

5,086

63,072
NET LIABILITIES (10,032 ) (31,533 )

CAPITAL AND RESERVES
Called up share capital 3 100 100
Profit and loss account (10,132 ) (31,633 )
SHAREHOLDERS' FUNDS (10,032 ) (31,533 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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.

CANDY FITNESS LTD (REGISTERED NUMBER: 08932985)

Abbreviated Balance Sheet - continued
31st March 2016


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 21st November 2016 and were signed on its behalf
by:




C D Wright - Director



A J Keighley - Director


CANDY FITNESS LTD (REGISTERED NUMBER: 08932985)

Notes to the Abbreviated Accounts
for the Year Ended 31st March 2016

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.

Land and buildings - 10% on cost
Plant and machinery etc - 20% on reducing balance

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1st April 2015
and 31st March 2016 177,849
DEPRECIATION
At 1st April 2015 12,443
Charge for year 30,704
At 31st March 2016 43,147
NET BOOK VALUE
At 31st March 2016 134,702
At 31st March 2015 165,406

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2016 2015
value: £    £   
100 Ordinary £1 100 100