CAL_TRADING_(UK)_LIMITED - Accounts

CAL TRADING (UK) LIMITED - Company Information

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Company Registration No. 09043343 (England and Wales)

CAL TRADING (UK) LIMITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 JULY 2016

CAL TRADING (UK) LIMITED

CONTENTS

Page

Abbreviated balance sheet

1 - 2

Notes to the abbreviated accounts

3 - 4

CAL TRADING (UK) LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 JULY 2016

- 1 -

2016

2015

Notes

Fixed assets

Tangible assets

19,927

21,116

Current assets

Stocks

10,743

Debtors

56,688

35,551

Cash at bank and in hand

3,141

2,136

70,572

37,687

Creditors: amounts falling due within one year

(70,649)

(30,387)

Net current liabilities/(assets)

(77)

7,300

Total assets less current liabilities

19,850

28,416

Creditors: amounts falling due after more than one year

(1,588)

(10,254)

Provisions for liabilities

(3,985)

(4,223)

14,277

13,939

Capital and reserves

Called up share capital

100

Profit and loss account

14,177

13,839

Shareholders' funds

14,277

13,939

CAL TRADING (UK) LIMITED

ABBREVIATED BALANCE SHEET (CONTINUED)

AS AT

31 JULY 2016

- 2 -

For the financial year ended 31 July 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 28 April 2017

C I Kirby

L J Fogg

Director

Company Registration No. 09043343

CAL TRADING (UK) LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 JULY 2016

- 3 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

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

1.4

Tangible fixed assets and depreciation

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

20% straight-line & 5% straight-line bases

Computer equipment

25% straight-line basis

Fixtures, fittings & equipment

20% straight-line basis

Fixed assets

Tangible assets

Cost

At 1 August 2015

24,171

Additions

4,588

At 31 July 2016

28,759

Depreciation

At 1 August 2015

3,055

Charge for the period

5,777

At 31 July 2016

8,832

Net book value

At 31 July 2016

19,927

At 31 July 2015

21,116

Share capital

2016

2015

Allotted, called up and fully paid

100 ordinary shares of £1 each

100

CAL TRADING (UK) LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 JULY 2016

- 4 -

Ultimate parent company

The ultimate controlling party is C I Kirby (director) who owns the majority of the issued share capital of the company.

Related party relationships and transactions

Transactions in relation to loans with directors during the year are outlined in the table below:

Description

% Rate

Opening Balance

Amounts Advanced

Interest Charged

Amounts Repaid

Closing Balance

C I Kirby - loan account

7,668

2,006

2,037

7,637

7,668

2,006

2,037

7,637