Cherain Ltd. - Limited company - abbreviated

REGISTERED NUMBER: SC256474 (Scotland)

Abbreviated Unaudited Accounts

for the Year Ended 30 September 2014

for

Cherain Ltd.

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

D McLean

SECRETARY:

Mrs A E McLean

REGISTERED OFFICE:

7 Lowergrange

Peterhead

Aberdeenshire

AB42 2AT

REGISTERED NUMBER:

SC256474 (Scotland)

ACCOUNTANTS:

SBP

Accountants

Glebefield House

21 Links Terrace

Peterhead

Aberdeenshire

AB42 2XA

FIXED ASSETS

Tangible assets

2

262

320

CURRENT ASSETS

Debtors

-

13,035

Cash at bank

106,321

75,940

106,321

88,975

CREDITORS

Amounts falling due within one year

26,365

21,179

NET CURRENT ASSETS

79,956

67,796

TOTAL ASSETS LESS CURRENT
LIABILITIES

80,218

68,116

CAPITAL AND RESERVES

Called up share capital

3

10

Profit and loss account

80,208

68,106

SHAREHOLDERS' FUNDS

80,218

68,116

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 18 November 2014 and were signed by:

D McLean - 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 April 2008).

Turnover

Turnover represents amounts receivable for services provided in the normal course of business, net of discounts

and VAT. Revenue is recognised to the extent that it is probable that economic benefit will flow to the company

and when its value can be measured with a sufficient degree of certainty and reliability. All income is recognised

in the accounting period to which it relates.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

33% on cost

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2013

1,187

Additions

149

At 30 September 2014

1,336

DEPRECIATION

At 1 October 2013

867

Charge for year

207

At 30 September 2014

1,074

NET BOOK VALUE

At 30 September 2014

262

At 30 September 2013

320

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.14

30.9.13

value:

£

10

Ordinary

£1

10

Cherain Ltd. - Limited company - abbreviated - 11.0.0

Cherain Ltd. - Limited company - abbreviated - 11.0.0