Abbreviated Company Accounts - CHARLTON BAKER LIMITED

Abbreviated Company Accounts - CHARLTON BAKER LIMITED

CHARLTON BAKER LIMITED - Company Information

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Registered Number 07179787

CHARLTON BAKER LIMITED

Abbreviated Accounts

31 March 2014

CHARLTON BAKER LIMITED Registered Number 07179787

Abbreviated Balance Sheet as at 31 March 2014

Notes 2014 2013
£ £
Fixed assets
Intangible assets 2 440,000 467,500
Tangible assets 3 63,729 51,816
503,729 519,316
Current assets
Debtors 70,484 104,057
Cash at bank and in hand 43,792 23,695
114,276 127,752
Creditors: amounts falling due within one year (136,560) (114,993)
Net current assets (liabilities) (22,284) 12,759
Total assets less current liabilities 481,445 532,075
Creditors: amounts falling due after more than one year (369,205) (527,487)
Total net assets (liabilities) 112,240 4,588
Capital and reserves
Called up share capital 110,111 111
Profit and loss account 2,129 4,477
Shareholders' funds 112,240 4,588
  • For the year ending 31 March 2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
  • The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 17 December 2014

And signed on their behalf by:
S J Sartin, Director

CHARLTON BAKER LIMITED Registered Number 07179787

Notes to the Abbreviated Accounts for the period ended 31 March 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements are prepared under the historical cost convention and comply with financial reporting standards of the Accounting Standards Board.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year.

Tangible assets depreciation policy
Fixtures, fittings and equipment - 20% reducing balance
Motor vehicles - 25% reducing balance

Intangible assets amortisation policy
Acquired goodwill is written off in equal annual instalments over its estimated useful economic life of 20 years.

2Intangible fixed assets
£
Cost
At 1 April 2013 550,000
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2014 550,000
Amortisation
At 1 April 2013 82,500
Charge for the year 27,500
On disposals -
At 31 March 2014 110,000
Net book values
At 31 March 2014 440,000
At 31 March 2013 467,500
3Tangible fixed assets
£
Cost
At 1 April 2013 87,203
Additions 29,392
Disposals -
Revaluations -
Transfers -
At 31 March 2014 116,595
Depreciation
At 1 April 2013 35,387
Charge for the year 17,479
On disposals -
At 31 March 2014 52,866
Net book values
At 31 March 2014 63,729
At 31 March 2013 51,816