Classic Range Cookers Ltd - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 04211079 (England and Wales)

Classic Range Cookers Ltd

Abbreviated Unaudited Accounts

for the Year Ended 31 March 2014

Page

Company Information

1

Report of the Accountants

2

Abbreviated Balance Sheet

3

to

4

Notes to the Abbreviated Accounts

5

to

6

DIRECTORS:

Mr P Owen

Mrs A Owen

SECRETARY:

Mrs A Owen

REGISTERED OFFICE:

25A High Street

Second Floor

Daventry

Northamptonshire

NN11 4BG

REGISTERED NUMBER:

04211079 (England and Wales)

ACCOUNTANTS:

Vanmali & Co

Chartered Certified Accountants

25 A High Street

Daventry

Northamptonshire

NN11 4BG

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 three to six) have been prepared.

As described on the balance sheet you are responsible for the preparation of the financial statements for the year

ended 31 March 2014 set out on pages three to six and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to

fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Vanmali & Co

Chartered Certified Accountants

25 A High Street

Daventry

Northamptonshire

NN11 4BG

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

FIXED ASSETS

Tangible assets

2

19,834

25,522

CURRENT ASSETS

Stocks

6,300

6,611

Debtors

17,063

13,204

Cash at bank

80,614

23,624

103,977

43,439

CREDITORS

Amounts falling due within one year

92,451

39,676

NET CURRENT ASSETS

11,526

3,763

TOTAL ASSETS LESS CURRENT LIABILITIES

31,360

29,285

PROVISIONS FOR LIABILITIES

120

1,258

NET ASSETS

31,240

28,027

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

31,238

28,025

SHAREHOLDERS' FUNDS

31,240

28,027

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 5 November 2014 and were signed on its behalf by:

Mrs A Owen - 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 goods, excluding value added tax.

Tangible fixed assets

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

Plant and Machinery

- 20% on reducing balance

Displays

- 10% on cost

Motor Vehicles

- 25% on reducing balance

Computer Equipment

- 20% on cost

Stocks

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

slow moving items.

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.

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.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

91,528

Additions

750

At 31 March 2014

92,278

DEPRECIATION

At 1 April 2013

66,006

Charge for year

6,438

At 31 March 2014

72,444

NET BOOK VALUE

At 31 March 2014

19,834

At 31 March 2013

25,522

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

2

Ordinary Shares

1

2

2