Compartment Fire Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 05328686 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 July 2016

for

Compartment Fire Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

M R Hirons

Mrs C M Hirons

SECRETARY:

Mrs C M Hirons

REGISTERED OFFICE:

Unit 28

Royal Scot Road

Pride Park

Derby

DE24 8AJ

REGISTERED NUMBER:

05328686 (England and Wales)

ACCOUNTANTS:

The Chartwell Practice

Chartwell House

4 St. Paul's Square

Burton-on-Trent

Staffordshire

DE14 2EF

FIXED ASSETS

Tangible assets

2

47,061

46,776

CURRENT ASSETS

Debtors

77,232

150,282

Cash at bank

172,729

100,702

249,961

250,984

CREDITORS

Amounts falling due within one year

98,230

78,908

NET CURRENT ASSETS

151,731

172,076

TOTAL ASSETS LESS CURRENT LIABILITIES

198,792

218,852

PROVISIONS FOR LIABILITIES

7,015

7,883

NET ASSETS

191,777

210,969

CAPITAL AND RESERVES

Called up share capital

3

104

Profit and loss account

191,673

210,865

SHAREHOLDERS' FUNDS

191,777

210,969

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 9 December 2016 and were signed on its behalf by:

M R Hirons - Director

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 services, 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.

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

Straight line over 3 years

Deferred tax

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

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period

of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 August 2015

77,507

Additions

17,770

Disposals

(13,349

)

At 31 July 2016

81,928

DEPRECIATION

At 1 August 2015

30,731

Charge for year

11,071

Eliminated on disposal

(6,935

)

At 31 July 2016

34,867

NET BOOK VALUE

At 31 July 2016

47,061

At 31 July 2015

46,776

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.16

31.7.15

value:

£

100

Ordinary

£1

100

2

Ordinary B

£1

2

1

Ordinary A

£1

1

Ordinary C

£1

1

104