Compact Design Limited - Limited company - abbreviated

REGISTERED NUMBER: 02531187 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 July 2014

for

Compact Design Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

A G Barnett

Mrs K I Barnett

SECRETARY:

Mrs K I Barnett

REGISTERED OFFICE:

6 Chichester Drive West

Saltdean

Brighton

West Sussex

BN2 8SH

REGISTERED NUMBER:

02531187 (England and Wales)

ACCOUNTANTS:

Eura Audit UK

Lishman Chambers

12 Princes Square

Harrogate

North Yorkshire

HG1 1LY

FIXED ASSETS

Tangible assets

2

2,212

2,994

CURRENT ASSETS

Debtors

929

858

Cash at bank

36,552

33,237

37,481

34,095

CREDITORS

Amounts falling due within one year

39,678

37,013

NET CURRENT LIABILITIES

(2,197

)

(2,918

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

15

76

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

13

74

SHAREHOLDERS' FUNDS

15

76

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 16 September 2014 and were signed on its behalf
by:

A G Barnett - 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.

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 August 2013

and 31 July 2014

46,180

DEPRECIATION

At 1 August 2013

43,186

Charge for year

782

At 31 July 2014

43,968

NET BOOK VALUE

At 31 July 2014

2,212

At 31 July 2013

2,994

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.14

31.7.13

value:

£

2

Ordinary

£1

2

Compact Design Limited - Limited company - abbreviated - 11.0.0

Compact Design Limited - Limited company - abbreviated - 11.0.0