Charles McCormick Partners Limited - Abbreviated accounts 16.3

Charles McCormick Partners Limited - Abbreviated accounts 16.3

CHARLES MCCORMICK PARTNERS LIMITED - Company Information

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REGISTERED NUMBER: 03030532 (England and Wales)
























CHARLES MCCORMICK PARTNERS LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2016






CHARLES MCCORMICK PARTNERS LIMITED (REGISTERED NUMBER: 03030532)

CONTENTS OF THE ABBREVIATED ACCOUNTS
For The Year Ended 30 September 2016










Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

CHARLES MCCORMICK PARTNERS LIMITED

COMPANY INFORMATION
For The Year Ended 30 September 2016







DIRECTOR: C E McCormick





SECRETARY: Mrs A J McCormick





REGISTERED OFFICE: Old Smiths Yard
Queen Eleanor Road
Geddington
Northamptonshire
NN14 1AY





REGISTERED NUMBER: 03030532 (England and Wales)





ACCOUNTANTS: Haines Watts Northamptonshire Limited
26-28 Headlands
Kettering
Northamptonshire
NN15 7HP
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CHARLES MCCORMICK PARTNERS LIMITED (REGISTERED NUMBER: 03030532)

ABBREVIATED BALANCE SHEET
30 September 2016

2016 2015
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 1,543 1,506

CURRENT ASSETS
Debtors 1,069 3,120
Cash at bank 26,521 28,628
27,590 31,748
CREDITORS
Amounts falling due within one year 23,036 26,954
NET CURRENT ASSETS 4,554 4,794
TOTAL ASSETS LESS CURRENT
LIABILITIES
6,097
6,300

PROVISIONS FOR LIABILITIES 309 301
NET ASSETS 5,788 5,999

CAPITAL AND RESERVES
Called up share capital 3 100 100
Profit and loss account 5,688 5,899
SHAREHOLDERS' FUNDS 5,788 5,999

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 16 January 2017 and were signed by:





C E McCormick - Director


The notes form part of these abbreviated accounts

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CHARLES MCCORMICK PARTNERS LIMITED (REGISTERED NUMBER: 03030532)

NOTES TO THE ABBREVIATED ACCOUNTS
For The Year Ended 30 September 2016


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
In accordance with the principles of revenue recognition as stated in UITF 40 and Application Note G, turnover
represents the value of work done in the accounting period, including estimates of amounts not yet invoiced.

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

Plant and machinery - 15% on reducing balance
Fixtures and fittings - 25% on reducing balance
Computer equipment - 33% on cost and 33% on reducing balance

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the
balance sheet date where transactions or events have occurred at that date that will result in an obligation to
pay more, or a right to pay less or to receive more tax.

Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in
which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance
sheet date.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 October 2015 15,476
Additions 581
At 30 September 2016 16,057
DEPRECIATION
At 1 October 2015 13,970
Charge for year 544
At 30 September 2016 14,514
NET BOOK VALUE
At 30 September 2016 1,543
At 30 September 2015 1,506

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2016 2015
value: £    £   
100 Ordinary £1 100 100

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