CSK Ceilings Ltd - Limited company - abbreviated

REGISTERED NUMBER: SC396084 (Scotland)

Abbreviated Unaudited Accounts

For The Year Ended 31 March 2014

for

CSK Ceilings Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Chartered Accountants' Report

6

DIRECTORS:

C Keenan

Mrs D M Keenan

REGISTERED OFFICE:

1 Cambuslang Court

Cambuslang

Glasgow

Strathclyde

G32 8FH

REGISTERED NUMBER:

SC396084 (Scotland)

ACCOUNTANTS:

Atkinson Donnelly LLP

1 Cambuslang Court

Cambuslang

Glasgow

Strathclyde

G32 8FH

FIXED ASSETS

Intangible assets

2

4,000

8,000

Tangible assets

3

7,794

10,377

11,794

18,377

CURRENT ASSETS

Stocks

19,655

21,345

Debtors

87,824

153,467

Cash at bank

32,511

-

139,990

174,812

CREDITORS

Amounts falling due within one year

72,540

82,430

NET CURRENT ASSETS

67,450

92,382

TOTAL ASSETS LESS CURRENT
LIABILITIES

79,244

110,759

PROVISIONS FOR LIABILITIES

1,559

2,033

NET ASSETS

77,685

108,726

CAPITAL AND RESERVES

Called up share capital

4

2

Profit and loss account

77,683

108,724

SHAREHOLDERS' FUNDS

77,685

108,726

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 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 8 December 2014 and were signed on its behalf by:

C Keenan - 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 net invoiced sales of services. excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets

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

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

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.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

and 31 March 2014

10,000

AMORTISATION

At 1 April 2013

2,000

Amortisation for year

4,000

At 31 March 2014

6,000

NET BOOK VALUE

At 31 March 2014

4,000

At 31 March 2013

8,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

and 31 March 2014

13,854

DEPRECIATION

At 1 April 2013

3,477

Charge for year

2,583

At 31 March 2014

6,060

NET BOOK VALUE

At 31 March 2014

7,794

At 31 March 2013

10,377

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.14

31.3.13

value:

£

2

Ordinary Shares

1

2

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited

financial statements, from which the unaudited abbreviated accounts (set out on pages two to five) 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 CSK Ceilings Ltd for the year ended 31 March 2014 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 of Scotland, we are subject to its ethical and other

professional requirements which are detailed at http://www.icas.org.uk/accountspreparationguidance.

This report is made solely to the Board of Directors of CSK Ceilings Ltd, 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 CSK Ceilings Ltd and state those

matters that we have agreed to state to the Board of Directors of CSK Ceilings Ltd, as a body, in this report in accordance with the

requirements of the Institute of Chartered Accountants of Scotland as detailed at

http://www.icas.org.uk/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume

responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that CSK Ceilings Ltd 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 CSK Ceilings Ltd. You consider that CSK

Ceilings Ltd 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 CSK Ceilings Ltd. 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.

Atkinson Donnelly LLP

1 Cambuslang Court

Cambuslang

Glasgow

Strathclyde

G32 8FH

Date: .............................................

CSK Ceilings Ltd - Limited company - abbreviated - 11.6

CSK Ceilings Ltd - Limited company - abbreviated - 11.6