Abbreviated Company Accounts - CENTURION HOMES LIMITED

CENTURION HOMES LIMITED - Company Information

03188695 CENTURION HOMES LIMITED 2016-04-30 false 2015-05-01 2016-04-30 true 03188695 2015-05-01 2016-04-30 03188695 2016-04-30 03188695 2015-04-30 03188695 uk-gaap-cd-bus:Director1 2015-05-01 2016-04-30 03188695 uk-gaap-cd-bus:Director2 2015-05-01 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-05-01 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-30 iso4217:GBP shares

Registered Number 03188695

CENTURION HOMES LIMITED

Abbreviated Accounts

30 April 2016

CENTURION HOMES LIMITED Registered Number 03188695

Abbreviated Balance Sheet as at 30 April 2016

	Notes	2016	2015
		£	£
Called up share capital not paid		-	-
Fixed assets
Intangible assets		-	-
Tangible assets		-	-
Investments	2	10,000	10,000
		10,000	10,000
Current assets
Stocks		525,239	450,000
Debtors		2,067	2,347
Investments		-	-
Cash at bank and in hand		7,249	55
		534,555	452,402
Prepayments and accrued income		-	-
Creditors: amounts falling due within one year	3	(126,122)	(46,423)
Net current assets (liabilities)		408,433	405,979
Total assets less current liabilities		418,433	415,979
Creditors: amounts falling due after more than one year	3	(201,746)	(217,896)
Provisions for liabilities		0	0
Accruals and deferred income		0	0
Total net assets (liabilities)		216,687	198,083
Capital and reserves
Called up share capital	4	2,500	2,500
Share premium account		34,000	34,000
Revaluation reserve		0	0
Other reserves		2,500	2,500
Profit and loss account		177,687	159,083
Shareholders' funds		216,687	198,083

For the year ending 30 April 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 30 January 2017

And signed on their behalf by:
C R Ferris, Director

CENTURION HOMES LIMITED Registered Number 03188695

Notes to the Abbreviated Accounts for the period ended 30 April 2016

1Accounting Policies

Basis of measurement and preparation of accounts
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 policy
The turnover shown in the profit and loss account represents amounts invoiced during the year.

Valuation information and policy
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Other accounting policies
Pension costs

The company operates a defined contribution pension scheme for employees. The assets of the scheme are held separately from those of the company. The annual contributions payable are charged to the profit and loss account.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

2Fixed assets Investments
Investments

Cost at 1 May 2015 and 30 April 2016 - 10,000
Net book value at 30 April 2016 - 10,000
At 30 April 2015 - 10,000

3Creditors

	2016 £	2015 £
Secured Debts	217,914	234,082

4Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
2,500 Ordinary shares of £1 each	2,500	2,500