Abbreviated Company Accounts - CHARLTON BAKER LIMITED

CHARLTON BAKER LIMITED - Company Information

Registered Number 07179787

CHARLTON BAKER LIMITED

Abbreviated Accounts

31 March 2016

CHARLTON BAKER LIMITED Registered Number 07179787

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Intangible assets	2	440,420	412,500
Tangible assets	3	73,391	87,260
Investments	4	4	4
		513,815	499,764
Current assets
Stocks		9,232	12,700
Debtors		302,448	86,750
Cash at bank and in hand		30,058	61,816
		341,738	161,266
Creditors: amounts falling due within one year		(340,609)	(165,676)
Net current assets (liabilities)		1,129	(4,410)
Total assets less current liabilities		514,944	495,354
Creditors: amounts falling due after more than one year		(319,981)	(341,824)
Provisions for liabilities		(5,921)	-
Total net assets (liabilities)		189,042	153,530
Capital and reserves
Called up share capital		110,111	110,111
Profit and loss account		78,931	43,419
Shareholders' funds		189,042	153,530

For the year ending 31 March 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 22 December 2016

And signed on their behalf by:
S J Sartin, Director

CHARLTON BAKER LIMITED Registered Number 07179787

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standards for Smaller Entities (effective January 2015)

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.

Tangible assets depreciation policy
Fixtures, fittings and equipment - 20% reducing balance
Motor vehicles - 25% reducing balance

2Intangible fixed assets

	£
Cost
At 1 April 2015	550,000
Additions	58,337
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	608,337
Amortisation
At 1 April 2015	137,500
Charge for the year	30,417
On disposals	-
At 31 March 2016	167,917
Net book values
At 31 March 2016	440,420
At 31 March 2015	412,500

3Tangible fixed assets

	£
Cost
At 1 April 2015	165,326
Additions	7,019
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	172,345
Depreciation
At 1 April 2015	78,066
Charge for the year	20,888
On disposals	-
At 31 March 2016	98,954
Net book values
At 31 March 2016	73,391
At 31 March 2015	87,260

4Fixed assets Investments
Fixed asset investments are stated at cost less provision fro permanent diminution in value.