C & E W Mobile Homes Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 05139389 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MAY 2016

FOR

C & E W MOBILE HOMES LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

C F Webb

E Webb

SECRETARY:

E Webb

REGISTERED OFFICE:

77 Marlowes

Hemel Hempstead

Hertfordshire

HP1 1LF

REGISTERED NUMBER:

05139389 (England and Wales)

ACCOUNTANTS:

Allan Snow

77 Marlowes

Hemel Hempstead

Hertfordshire

HP1 1LF

FIXED ASSETS

Tangible assets

2

16,372

18,700

CURRENT ASSETS

Stocks

172,421

27,130

Debtors

534

-

Cash at bank and in hand

99,677

247,359

272,632

274,489

CREDITORS

Amounts falling due within one year

7,557

7,851

NET CURRENT ASSETS

265,075

266,638

TOTAL ASSETS LESS CURRENT
LIABILITIES

281,447

285,338

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

281,347

285,238

SHAREHOLDERS' FUNDS

281,447

285,338

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 24 February 2017 and were signed on its behalf
by:

C F Webb - 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.

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 and 15% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2015

21,999

Additions

715

At 31 May 2016

22,714

DEPRECIATION

At 1 June 2015

3,299

Charge for year

3,043

At 31 May 2016

6,342

NET BOOK VALUE

At 31 May 2016

16,372

At 31 May 2015

18,700

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.16

31.5.15

value:

£

100

Ordinary

£1

100