CCJ Estates Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 02025426 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2016

for

CCJ Estates Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

G Williamson

R Willis

Mrs J J Williamson

Mrs S A Willis

SECRETARY:

G Williamson

REGISTERED OFFICE:

92A Swaynes Lane

Comberton

Cambridge

Cambridgeshire

CB23 7EF

REGISTERED NUMBER:

02025426 (England and Wales)

ACCOUNTANTS:

Hutchcraft Accountancy & Taxation Services Ltd

Chartered Certified Accountants

33 Fen End

Willingham

Cambridge

Cambridgeshire

CB24 5LH

FIXED ASSETS

Tangible assets

2

578

1,984

Investment property

3

3,613,500

3,398,500

3,614,078

3,400,484

CURRENT ASSETS

Debtors

23,773

14,912

Cash at bank

25,373

54,951

49,146

69,863

CREDITORS

Amounts falling due within one year

63,403

63,769

NET CURRENT (LIABILITIES)/ASSETS

(14,257

)

6,094

TOTAL ASSETS LESS CURRENT
LIABILITIES

3,599,821

3,406,578

CAPITAL AND RESERVES

Called up share capital

4

85

Revaluation reserve

1,772,957

1,557,957

Profit and loss account

1,826,779

1,848,536

SHAREHOLDERS' FUNDS

3,599,821

3,406,578

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 13 December 2016 and were signed on its behalf
by:

R Willis - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention as modified by the

revaluation of certain assets and in accordance with the Financial Reporting Standard for Smaller Entities

(effective January 2015).

Exemption from preparing a cash flow statement

Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as

a small company.

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.

Improvements to property

-

25% on cost

Fixtures and fittings

-

25% on cost

Computer equipment

-

25% on cost

Investment property

In accordance with the FRSSE (effective January 2015) no depreciation is provided in respect of freehold

properties held as investments. This is a departure from the requirements of the Companies Act 2006 which

requires all properties to be depreciated. Such properties are held for investment and not for consumption and

the directors consider that to depreciate them would not give a true and fair view.

Depreciation is only one of the many elements reflected in the annual valuation of properties and accordingly

the amount of depreciation which might otherwise have been charged cannot be separately identified or

quantified. The directors consider that this policy results in the financial statements giving a true and fair

view.

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 1 April 2015

27,671

Additions

158

At 31 March 2016

27,829

DEPRECIATION

At 1 April 2015

25,687

Charge for year

1,564

At 31 March 2016

27,251

NET BOOK VALUE

At 31 March 2016

578

At 31 March 2015

1,984

3.	INVESTMENT PROPERTY

Total

£

COST OR VALUATION

At 1 April 2015

3,398,500

Revaluations

215,000

At 31 March 2016

3,613,500

NET BOOK VALUE

At 31 March 2016

3,613,500

At 31 March 2015

3,398,500

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

85

Ordinary

£1

85