Abbreviated Company Accounts - CASHRITE LIMITED

Registered Number 07414039

CASHRITE LIMITED

Abbreviated Accounts

31 October 2016

CASHRITE LIMITED Registered Number 07414039

Abbreviated Balance Sheet as at 31 October 2016

	Notes	2016	2015
		£	£
Called up share capital not paid		-	-
Fixed assets
Tangible assets	2	29,096	25,343
		29,096	25,343
Current assets
Stocks		89,709	111,861
Debtors		19,639	28,295
Cash at bank and in hand		118,083	33,383
		227,431	173,539
Creditors: amounts falling due within one year		(224,530)	(181,057)
Net current assets (liabilities)		2,901	(7,518)
Total assets less current liabilities		31,997	17,825
Creditors: amounts falling due after more than one year		(34,258)	(61,858)
Provisions for liabilities		(493)	(493)
Total net assets (liabilities)		(2,754)	(44,526)
Capital and reserves
Called up share capital		99	99
Profit and loss account		(2,853)	(44,625)
Shareholders' funds		(2,754)	(44,526)

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 31 July 2017

And signed on their behalf by:
James preston, Director
Patrick James, Director

CASHRITE LIMITED Registered Number 07414039

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

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

2Tangible fixed assets

	£
Cost
At 1 November 2015	75,904
Additions	13,729
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2016	89,633
Depreciation
At 1 November 2015	50,561
Charge for the year	9,976
On disposals	-
At 31 October 2016	60,537
Net book values
At 31 October 2016	29,096
At 31 October 2015	25,343