Cal Sameday Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 07494800 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 APRIL 2016

FOR

CAL SAMEDAY LIMITED

Page

Abbreviated Balance Sheet

1

Notes to the Abbreviated Accounts

3

FIXED ASSETS

Tangible assets

2

41,423

15,419

CURRENT ASSETS

Debtors

229,278

128,697

Cash at bank

12,649

11,436

241,927

140,133

CREDITORS

Amounts falling due within one year

210,051

128,901

NET CURRENT ASSETS

31,876

11,232

TOTAL ASSETS LESS CURRENT LIABILITIES

73,299

26,651

CREDITORS

Amounts falling due after more than one year

(12,410

)

-

PROVISIONS FOR LIABILITIES

(4,003

)

(3,084

)

NET ASSETS

56,886

23,567

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

56,786

23,467

SHAREHOLDERS' FUNDS

56,886

23,567

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 and authorised for issue by the Board of Directors on 16 January 2017 and were signed on its behalf by:

G Chambers - Director

N Skinner - Director

M Johnson - 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

Turnover represents net invoiced sales of goods, excluding value added tax, except in respect of service contracts

where turnover is recognised when the company obtains the right to consideration.

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 etc

-

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

Factoring facility

The company has entered into a factoring agreement and advances are made in respect of 85% of the debt

assigned. There is full recourse to the company. The balance relating to the factoring company is reflected within

other creditors.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2015

28,398

Additions

46,608

Disposals

(10,857

)

At 30 April 2016

64,149

DEPRECIATION

At 1 May 2015

12,979

Charge for year

12,461

Eliminated on disposal

(2,714

)

At 30 April 2016

22,726

NET BOOK VALUE

At 30 April 2016

41,423

At 30 April 2015

15,419

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal Value:

2016

2015

1

'A' Ordinary

£1

43

45

1

'B' Ordinary

£1

10

10

1

'C' Ordinary

£1

45

45

1

'D' Ordinary

£1

2

-

100

100