CBW_RESOURCES_LIMITED - Accounts

CBW RESOURCES LIMITED - Company Information

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Company Registration No. 07444226 (England and Wales)

CBW RESOURCES LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2016

CBW RESOURCES LIMITED

COMPANY INFORMATION

Directors

Mr P R Andrews

Mrs R D Andrews

Company number

07444226

Registered office

Unit 16a

Blackpole Trading Est East

Blackpole Road

Worcester

Worcestershire

WR3 8SG

Accountants

Ormerod Rutter Limited

The Oakley

Kidderminster Road

Droitwich

Worcestershire

WR9 9AY

Bankers

Lloyds Bank plc

4 The Cross

Worcester

Worcestershire

WR1 3PY

CBW RESOURCES LIMITED

CONTENTS

Page

Accountants' report

Abbreviated balance sheet

Notes to the abbreviated accounts

CBW RESOURCES LIMITED

ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF CBW RESOURCES LIMITED FOR THE YEAR ENDED 30 SEPTEMBER 2016

- 1 -

The following reproduces the text of the Accountants' Report prepared in respect of the company's annual unaudited financial statements, from which the unaudited abbreviated financial statements set out on pages 2 to 3 have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of CBW Resources Limited for the year ended 30 September 2016 which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/members/regulations-standards-and-guidance/.

This report is made solely to the Board of Directors of CBW Resources Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of CBW Resources Limited and state those matters that we have agreed to state to the Board of Directors of CBW Resources Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than CBW Resources Limited and its Board of Directors as a body, for our work or for this report.

It is your duty to ensure that CBW Resources Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of CBW Resources Limited. You consider that CBW Resources Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of CBW Resources Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Ormerod Rutter Limited

27 June 2017

Accountants

The Oakley

Kidderminster Road

Droitwich

Worcestershire

WR9 9AY

CBW RESOURCES LIMITED

ABBREVIATED BALANCE SHEET

AS AT

30 SEPTEMBER 2016

- 2 -

2016

2015

Notes

Fixed assets

Tangible assets

685

1,096

Current assets

Debtors

85,585

47,233

Cash at bank and in hand

18,508

20,436

104,093

67,669

Creditors: amounts falling due within one year

(94,513)

(68,463)

Net current assets/(liabilities)

9,580

(794)

Total assets less current liabilities

10,265

302

Capital and reserves

Called up share capital

100

Profit and loss account

10,165

202

Shareholder's funds

10,265

302

For the financial year ended 30 September 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The member has 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 27 June 2017

Mr P R Andrews

Director

Company Registration No. 07444226

CBW RESOURCES LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 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:

Computer equipment

33% straight line

Fixed assets

Tangible assets

Cost

At 1 October 2015 & at 30 September 2016

1,232

Depreciation

At 1 October 2015

136

Charge for the period

411

At 30 September 2016

547

Net book value

At 30 September 2016

685

At 30 September 2015

1,096

Share capital

2016

2015

Allotted, called up and fully paid

100 Ordinary A of £1 each

100