Cavendish Asset Research Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 06996588 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

FOR

CAVENDISH ASSET RESEARCH LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

B P Hadden

SECRETARY:

B P Hadden

REGISTERED OFFICE:

America Farm

America Road

Earls Colne

Colchester

Essex

CO6 2LB

REGISTERED NUMBER:

06996588 (England and Wales)

ACCOUNTANTS:

Falcon Accountants

Falcon House

3 King Street

Castle Hedingham

Halstead

Essex

CO9 3ER

FIXED ASSETS

3,262

Tangible assets

2

2,610

CURRENT ASSETS

5,525

Debtors

5,000

13,713

Cash at bank

13,274

19,238

18,274

CREDITORS

15,370

Amounts falling due within one year

11,090

3,868

NET CURRENT ASSETS

7,184

7,130

TOTAL ASSETS LESS CURRENT LIABILITIES

9,794

CREDITORS

(10,000

)

Amounts falling due after more than one year

(10,000

)

-

PROVISIONS FOR LIABILITIES

(522

)

(2,870

)

NET LIABILITIES

(728

)

CAPITAL AND RESERVES

2

Called up share capital

3

2

(2,872

)

Profit and loss account

(730

)

(2,870

)

SHAREHOLDERS' FUNDS

(728

)

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 director acknowledges his 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 director on 12 December 2016 and were signed by:

B P Hadden - 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 invoiced sales of services.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

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 1 April 2015

and 31 March 2016

6,976

DEPRECIATION

At 1 April 2015

3,714

Charge for year

652

At 31 March 2016

4,366

NET BOOK VALUE

At 31 March 2016

2,610

At 31 March 2015

3,262

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

£

2

Ordinary

£1

2

2