Catterall & Co Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 08505442 (England and Wales)

Abbreviated Accounts

for the Year Ended 30 April 2016

for

Catterall & Co Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

C R Catterall

T J Catterall

SECRETARY:

C R Catterall

REGISTERED OFFICE:

3 The Crescent

Carlton-in-Cleveland

MIDDLESBROUGH

North Yorkshire

TS9 7BH

REGISTERED NUMBER:

08505442 (England and Wales)

ACCOUNTANTS:

Clive Owen LLP

Chartered Accountants

140 Coniscliffe Road

DARLINGTON

Co Durham

DL3 7RT

FIXED ASSETS

Tangible assets

2

316

1,126

CURRENT ASSETS

Debtors

52,895

40,450

Cash at bank

9,287

3,950

62,182

44,400

CREDITORS

Amounts falling due within one year

58,495

43,991

NET CURRENT ASSETS

3,687

409

TOTAL ASSETS LESS CURRENT
LIABILITIES

4,003

1,535

PROVISIONS FOR LIABILITIES

-

225

NET ASSETS

4,003

1,310

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

3,903

1,210

SHAREHOLDERS' FUNDS

4,003

1,310

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 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 11 January 2017 and were signed on its behalf by:

C R Catterall - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements are prepared on the going concern basis which assumes that the company will continue

to trade. However, the validity of the going concern basis is dependent upon the continued support of the

directors. If the company is unable to continue to trade, adjustments would be required to reduce the value of

assets to their recoverable amounts and to provide for any further liabilities that might arise.

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.

Computer equipment

-

33% on cost

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 May 2015

and 30 April 2016

2,454

DEPRECIATION

At 1 May 2015

1,328

Charge for year

810

At 30 April 2016

2,138

NET BOOK VALUE

At 30 April 2016

316

At 30 April 2015

1,126

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

100

Ordinary

£1

100