Abbreviated Company Accounts - CHANDER AND SONS LIMITED

Abbreviated Company Accounts - CHANDER AND SONS LIMITED

CHANDER AND SONS LIMITED - Company Information

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Registered Number 07975189

CHANDER AND SONS LIMITED

Abbreviated Accounts

31 March 2014

CHANDER AND SONS LIMITED Registered Number 07975189

Abbreviated Balance Sheet as at 31 March 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 196 261
196 261
Current assets
Cash at bank and in hand 1,797 426
1,797 426
Creditors: amounts falling due within one year (722) (245)
Net current assets (liabilities) 1,075 181
Total assets less current liabilities 1,271 442
Total net assets (liabilities) 1,271 442
Capital and reserves
Called up share capital 1 1
Profit and loss account 1,270 441
Shareholders' funds 1,271 442
  • 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:
R Chander, Director

CHANDER AND SONS LIMITED Registered Number 07975189

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

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:

Fixtures, fittings and equipment at 20% straight line

2Tangible fixed assets
£
Cost
At 1 April 2013 326
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2014 326
Depreciation
At 1 April 2013 65
Charge for the year 65
On disposals -
At 31 March 2014 130
Net book values
At 31 March 2014 196
At 31 March 2013 261