Abbreviated Company Accounts - CSE VITMAN LTD

Registered Number 04794135

CSE VITMAN LTD

Abbreviated Accounts

31 October 2016

CSE VITMAN LTD Registered Number 04794135

Abbreviated Balance Sheet as at 31 October 2016

	Notes	2016	2015
		£	£
Fixed assets
Intangible assets	2	1,725	2,025
Tangible assets	3	40,463	35,223
		42,188	37,248
Current assets
Stocks		3,875	2,749
Debtors		106,560	94,452
Cash at bank and in hand		101,862	91,957
		212,297	189,158
Creditors: amounts falling due within one year		(92,603)	(91,494)
Net current assets (liabilities)		119,694	97,664
Total assets less current liabilities		161,882	134,912
Creditors: amounts falling due after more than one year		(38,222)	(54,922)
Total net assets (liabilities)		123,660	79,990
Capital and reserves
Called up share capital		2	2
Profit and loss account		123,658	79,988
Shareholders' funds		123,660	79,990

For the year ending 31 October 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 Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 23 May 2017

And signed on their behalf by:
Mr C Boothroyd, Director

CSE VITMAN LTD Registered Number 04794135

Notes to the Abbreviated Accounts for the period ended 31 October 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements are 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 15% Reducing balance
Fixtures, fittings & equipment 15% Reducing balance
Motor vehicles 25% Reducing balance

Other accounting policies
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).

Goodwill
Acquired goodwill is written off in equal annual instalments over its estimated useful economic life of 10
years.

2Intangible fixed assets

	£
Cost
At 1 November 2015	3,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2016	3,000
Amortisation
At 1 November 2015	975
Charge for the year	300
On disposals	-
At 31 October 2016	1,275
Net book values
At 31 October 2016	1,725
At 31 October 2015	2,025

3Tangible fixed assets

	£
Cost
At 1 November 2015	57,487
Additions	14,083
Disposals	(2,000)
Revaluations	-
Transfers	-
At 31 October 2016	69,570
Depreciation
At 1 November 2015	22,264
Charge for the year	7,163
On disposals	(320)
At 31 October 2016	29,107
Net book values
At 31 October 2016	40,463
At 31 October 2015	35,223