Chippendale Hearing Services Ltd - Period Ending 2016-07-31

Registration number: 05390716

Chippendale Hearing Services Ltd

Unaudited Abbreviated Accounts
 
for the Year Ended 31 July 2016

TBD Accountants Limited
2 St Chads Court
School Lane
Rochdale
Lancashire
OL16 1QU

Chippendale Hearing Services Ltd

Contents

Abbreviated Balance Sheet	1
Notes to the Abbreviated Accounts	2 to 3

Chippendale Hearing Services Ltd

(Registration number: 05390716)
Abbreviated Balance Sheet as at 31 July 2016

	Note	2016  £	2015  £
Fixed assets
Tangible assets		2,803	4,104
Current assets
Debtors		1,631	559
Cash at bank and in hand		3,780	560
		5,411	1,119
Creditors: Amounts falling due within one year		(29,965)	(30,768)
Net current liabilities		(24,554)	(29,649)
Total assets less current liabilities		(21,751)	(25,545)
Creditors: Amounts falling due after more than one year		(1)	1
Net liabilities		(21,752)	(25,544)
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		(21,852)	(25,644)
Shareholders' deficit		(21,752)	(25,544)

For the year ending 31 July 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 9 December 2016 and signed on its behalf by:

.........................................
Ms PA Chippendale
Director

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

Chippendale Hearing Services Ltd

Notes to the Abbreviated Accounts

1	Accounting policies

Exemption from preparing a cash flow statement

Exemption from preparing group accounts

The company has taken advantage of the exemption provided by Section 401 of the Companies Act 2006 and has not prepared group accounts. The company has taken advantage of the exemption provided by Section 402 of the Companies Act 2006 and has not prepared group accounts.

Going concern

The financial statements have been prepared on a going concern basis. At the balance sheet date there were net current liabilities. The company relies upon the continued support of the directors.

Turnover

Turnover represents amounts chargeable in respect of the sale of goods and services to customers.

Revenue recognition

Revenue is recognised to the extent that the company obtains the right to consideration in exchange for its performance. Revenue is measured at the fair value of the consideration received, excluding discounts, rebates, VAT and other sales tax or duty.

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
Fixtures and fittings	25% on reducing balance
Computer equipment	33% on cost

2	Fixed assets

	Tangible assets £	Total £
Cost
At 1 August 2015	5,756	5,756
At 31 July 2016	5,756	5,756
Depreciation
At 1 August 2015	1,652	1,652
Charge for the year	1,301	1,301
At 31 July 2016	2,953	2,953
Net book value
At 31 July 2016	2,803	2,803
At 31 July 2015	4,104	4,104

Page 2

Chippendale Hearing Services Ltd

Notes to the Abbreviated Accounts

3	Share capital

Allotted, called up and fully paid shares

	2016		2015
	No.	£	No.	£
Ordinary of £1 each	100	100	100	100

Page 3