Cheshire Seals and Components Limited - Period Ending 2014-09-30
Cheshire Seals and Components Limited - Period Ending 2014-09-30
Registration number:
Unaudited Abbreviated Accounts
for the Year Ended
Cheshire Seals and Components Limited
Contents
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The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 5) have been prepared.
Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Cheshire Seals and Components Limited
for the Year Ended 30 September 2014
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Cheshire Seals and Components Limited for the year ended 30 September 2014 set out on pages 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 (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
This report is made solely to the Board of Directors of Cheshire Seals and Components Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Cheshire Seals and Components Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Cheshire Seals and Components Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Cheshire Seals and Components Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Cheshire Seals and Components Limited. You consider that Cheshire Seals and Components 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 accounts of Cheshire Seals and Components 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 accounts.
Susan Ellison
Chartered Accountant
30 Whitchurch Close
Padgate
Warrington
Cheshire
WA1 4JZ
20 November 2014
Cheshire Seals and Components Limited
(Registration number: 07280790)
Abbreviated Balance Sheet at 30 September 2014
Note |
2014
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2013
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Fixed assets |
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Tangible fixed assets |
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Current assets |
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Stocks |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
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( |
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Net current liabilities |
( |
( |
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Total assets less current liabilities |
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Creditors: Amounts falling due after more than one year |
( |
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Provisions for liabilities |
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Net assets |
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Capital and reserves |
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Called up share capital |
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Profit and loss account |
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Shareholders' funds |
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Approved by the Board on
Mr David Kennedy
Director
Mr Paul Leonard Wallace
Director
2
Cheshire Seals and Components Limited
Notes to the Abbreviated Accounts for the Year Ended 30 September 2014
......... continued
Accounting policies |
Basis of preparation
Turnover
Depreciation
Depreciation is provided on all tangible fixed assets other than freehold land at rates calculated to write each asset down to its estimated residual value over its expected useful life. The rates or periods generally applicable are:
Asset class |
Depreciation method and rate |
Leasehold Property |
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Plant & Machinery |
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Stock
Deferred tax
Foreign currency
Hire purchase and leasing
Cheshire Seals and Components Limited
Notes to the Abbreviated Accounts for the Year Ended 30 September 2014
......... continued
Financial instruments
Fixed assets |
Tangible assets
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Total
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Cost |
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At 1 October 2013 |
229,002 |
229,002 |
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Additions |
7,963 |
7,963 |
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At 30 September 2014 |
236,965 |
236,965 |
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Depreciation |
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At 1 October 2013 |
48,051 |
48,051 |
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Charge for the year |
31,610 |
31,610 |
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At 30 September 2014 |
79,661 |
79,661 |
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Net book value |
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At 30 September 2014 |
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At 30 September 2013 |
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Share capital |
Allotted, called up and fully paid shares
2014 |
2013 |
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No. |
£ |
No. |
£ |
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Cheshire Seals and Components Limited
Notes to the Abbreviated Accounts for the Year Ended 30 September 2014
......... continued
Related party transactions |
Control |
.