Chiltern Blast Cleaning Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 05526600 (England and Wales)

Abbreviated Accounts

for the Year Ended 30 November 2016

for

Chiltern Blast Cleaning Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

M B Humphreys

S Humphreys

SECRETARY:

S Humphreys

REGISTERED OFFICE:

Runways Farm

Upper Bourne End Lane

Hemel Hempstead

Hertfordshire

HP1 2RR

REGISTERED NUMBER:

05526600 (England and Wales)

ACCOUNTANTS:

J W Ridgeway & Co

Chartered Accountants

106a High Street

Chesham

Buckinghamshire

HP5 1EB

FIXED ASSETS

Intangible assets

2

50,000

75,000

Tangible assets

3

22,008

14,003

72,008

89,003

CURRENT ASSETS

Stocks

1,530

Debtors

32,038

31,695

Cash at bank and in hand

240,395

141,394

273,963

174,619

CREDITORS

Amounts falling due within one year

67,953

49,673

NET CURRENT ASSETS

206,010

124,946

TOTAL ASSETS LESS CURRENT
LIABILITIES

278,018

213,949

CAPITAL AND RESERVES

Called up share capital

4

2

Profit and loss account

278,016

213,947

SHAREHOLDERS' FUNDS

278,018

213,949

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 31 August 2017 and were signed on its
behalf by:

M B Humphreys - 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 January 2015).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2009, is being amortised evenly over its estimated useful life of ten years.

Goodwill was acquired from MB and S Humphreys.

Tangible fixed assets

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

Long leasehold

-

in accordance with the property

Plant and machinery

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis

over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the

company's pension scheme are charged to the profit and loss account in the period to which they

relate.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2015

and 30 November 2016

250,000

AMORTISATION

At 1 December 2015

175,000

Amortisation for year

25,000

At 30 November 2016

200,000

NET BOOK VALUE

At 30 November 2016

50,000

At 30 November 2015

75,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2015

98,732

Additions

13,378

At 30 November 2016

112,110

DEPRECIATION

At 1 December 2015

84,729

Charge for year

5,373

At 30 November 2016

90,102

NET BOOK VALUE

At 30 November 2016

22,008

At 30 November 2015

14,003

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

2

Ordinary

1

2