Micro-entity Accounts - CATFORD TIMBER COMPANY(THE)

CATFORD TIMBER COMPANY(THE) - Company Information

00110625 CATFORD TIMBER COMPANY(THE) 2016-12-31 false 2016-01-01 2016-12-31 true 00110625 2016-01-01 2016-12-31 00110625 2016-12-31 00110625 2015-12-31 00110625 uk-gaap-cd-bus:Director1 2016-01-01 2016-12-31 00110625 uk-gaap-cd-bus:Director2 2016-01-01 2016-12-31 00110625 uk-gaap-cd-bus:AllEntityOfficers 2016-01-01 2016-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-01-01 2016-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass2 2016-01-01 2016-12-31 uk-gaap-cd-bus:OrdinaryShareClass2 2016-12-31 uk-gaap-cd-bus:OrdinaryShareClass2 2015-12-31 iso4217:GBP shares

Registered Number 00110625

CATFORD TIMBER COMPANY(THE)

Micro-entity Accounts

31 December 2016

CATFORD TIMBER COMPANY(THE) Registered Number 00110625

Micro-entity Balance Sheet as at 31 December 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	1	5,108	6,807
		5,108	6,807
Current assets
Stocks		58,992	69,688
Debtors		29,440	26,127
Cash at bank and in hand		4,481	11,749
		92,913	107,564
Creditors: amounts falling due within one year		(101,609)	(96,439)
Net current assets (liabilities)		(8,696)	11,125
Total assets less current liabilities		(3,588)	17,932
Total net assets (liabilities)		(3,588)	17,932
Capital and reserves
Called up share capital	2	503	503
Profit and loss account		(4,091)	17,429
Shareholders' funds		(3,588)	17,932

For the year ending 31 December 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 13 February 2017

And signed on their behalf by:
A M Ahern, Director

CATFORD TIMBER COMPANY(THE) Registered Number 00110625

Notes to the Micro-entity Accounts for the period ended 31 December 2016

1Tangible fixed assets

	£
Cost
At 1 January 2016	171,597
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2016	171,597
Depreciation
At 1 January 2016	164,790
Charge for the year	1,699
On disposals	-
At 31 December 2016	166,489
Net book values
At 31 December 2016	5,108
At 31 December 2015	6,807

2Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
502 A Ordinary shares of £1 each	502	502
20 B Ordinary shares of £0.05 each	1	1

3Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective January 2015)

Turnover policy
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Plant and machinery 25% reducing balance
Fixtures, fittings & equipment 25% reducing balance
Motor vehicles 25% reducing balance