Harbourside (Cadeleigh) Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 03419370 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 AUGUST 2016

FOR

HARBOURSIDE (CADELEIGH) LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

R B Grant-Sturgis

Mrs S Grant-Sturgis

SECRETARY:

R B Grant-Sturgis

REGISTERED OFFICE:

Quayside House 5 Highland Terrace

Barrington Street

Tiverton

Devon

EX16 6PT

REGISTERED NUMBER:

03419370 (England and Wales)

ACCOUNTANTS:

William Withers & Co

Quayside House

Highland Terrace

Barrington Street

TIVERTON

Devon

EX16 6PT

FIXED ASSETS

Tangible assets

2

1,251

18,364

CURRENT ASSETS

Stocks

147,629

120,379

Debtors

10,992

Cash at bank

45,983

73,294

204,604

204,665

CREDITORS

Amounts falling due within one year

9,739

21,260

NET CURRENT ASSETS

194,865

183,405

TOTAL ASSETS LESS CURRENT
LIABILITIES

196,116

201,769

CAPITAL AND RESERVES

Called up share capital

3

2

Other reserves

142,543

Profit and loss account

53,571

59,224

SHAREHOLDERS' FUNDS

196,116

201,769

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 31 January 2017 and were signed on its behalf by:

R B Grant-Sturgis - 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).

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

-

20% 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.

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 September 2015

31,260

Disposals

(21,000

)

At 31 August 2016

10,260

DEPRECIATION

At 1 September 2015

12,896

Charge for year

311

Eliminated on disposal

(4,198

)

At 31 August 2016

9,009

NET BOOK VALUE

At 31 August 2016

1,251

At 31 August 2015

18,364

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.16

31.8.15

value:

£

2

Ordinary

1

2