CCORRN Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 05370849 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 5 APRIL 2016

FOR

CAMBRIDGESHIRE COMMUNITY REUSE AND

RECYCLING NETWORK LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mr M J Pheasant

Mrs L N DiGiovanni

SECRETARY:

Mr M J Pheasant

REGISTERED OFFICE:

First Floor

4 Princes Street

Huntingdon

Cambridgeshire

PE29 3PA

REGISTERED NUMBER:

05370849 (England and Wales)

ACCOUNTANT:

David Jeffreys Ltd

First Floor

4 Princes Street

Huntingdon

Cambridgeshire

PE29 3PA

FIXED ASSETS

Tangible assets

2

2,172

2,917

CURRENT ASSETS

Stocks

2,677

827

Debtors

11,027

14,583

Cash at bank and in hand

27,004

3,778

40,708

19,188

CREDITORS

Amounts falling due within one year

709

1,608

NET CURRENT ASSETS

39,999

17,580

TOTAL ASSETS LESS CURRENT LIABILITIES

42,171

20,497

RESERVES

Profit and loss account

42,171

20,497

42,171

20,497

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 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 5 January 2017 and were signed on its behalf by:

Mrs L N DiGiovanni - Director

Mr M J Pheasant - 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

Income comprises monies received to enable the company to carry out its principal activity.

Tangible fixed assets

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

Fixtures, fittings & equipmt

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 6 April 2015

and 5 April 2016

6,115

DEPRECIATION

At 6 April 2015

3,198

Charge for year

745

At 5 April 2016

3,943

NET BOOK VALUE

At 5 April 2016

2,172

At 5 April 2015

2,917