Chadwick Lewis Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 08445759 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 March 2016

for

Chadwick Lewis Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Ms L J M Chadwick

Mr G W Lewis

REGISTERED OFFICE:

Westminster House

10 Westminster Road

Macclesfield

Cheshire

SK10 1BX

REGISTERED NUMBER:

08445759 (England and Wales)

ACCOUNTANTS:

Harts Limited

Westminster House

10 Westminster Road

Macclesfield

Cheshire

SK10 1BX

FIXED ASSETS

Tangible assets

2

276,964

134,371

CURRENT ASSETS

Debtors

1,850

-

Cash at bank

6,159

-

8,009

-

CREDITORS

Amounts falling due within one year

278,694

132,135

NET CURRENT LIABILITIES

(270,685

)

(132,135

)

TOTAL ASSETS LESS CURRENT LIABILITIES

6,279

2,236

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

6,179

2,136

SHAREHOLDERS' FUNDS

6,279

2,236

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 22 November 2016 and were signed on its behalf by:

Ms L J M Chadwick - 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 is recognised when the company obtains the right to consideration.

Tangible fixed assets

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

Freehold property

-

1% on cost

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

137,113

Additions

145,419

At 31 March 2016

282,532

DEPRECIATION

At 1 April 2015

2,742

Charge for year

2,826

At 31 March 2016

5,568

NET BOOK VALUE

At 31 March 2016

276,964

At 31 March 2015

134,371

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

£

50

Ordinary A

£1

50

50

50

Ordinary B

£1

50

50

100

100