Chessell Pottery Barns Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 08846911 (England and Wales)

ABBREVIATED ACCOUNTS

FOR THE PERIOD 15TH JANUARY 2014 TO 30TH APRIL 2014

FOR

CHESSELL POTTERY BARNS LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

L Collins

A M Collins

J V Stewart

SECRETARY:

J V Stewart

REGISTERED OFFICE:

735 Fulham Road

London

SW6 5UL

REGISTERED NUMBER:

08846911 (England and Wales)

ACCOUNTANTS:

Russell New Limited

The Courtyard

Shoreham Road

Upper Beeding

Steyning

West Sussex

BN44 3TN

FIXED ASSETS

Tangible assets

2

25,521

CURRENT ASSETS

Stocks

39,369

Debtors

5,399

Cash at bank and in hand

18,333

63,101

CREDITORS

Amounts falling due within one year

91,508

NET CURRENT LIABILITIES

(28,407

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(2,886

)

CAPITAL AND RESERVES

Called up share capital

3

1

Profit and loss account

(2,887

)

SHAREHOLDERS' FUNDS

(2,886

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30th April 2014.

The members have not required the company to obtain an audit of its financial statements for the period ended 30th April 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 15th January 2015 and were signed on its behalf by:

A M Collins - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

As shown on the balance sheet the company's assets are exceeded by its liabilities. The accounts are prepared on

a going concern basis on the assumption that the company continues to receive the support of its Ultimate Parent

Company. The directors are of the opinion that this support will continue for the foreseeable future.

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

-

25% on cost and 20% on cost

Fixtures and fittings

-

33% on cost

Computer equipment

-

33% 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.

Deferred tax

Deferred taxation has not been provided in these accounts as, in the opinion of the directors, there is reasonable

probability that the asset will not arise in the foreseeable future. This does not comply with the Financial

Reporting Standard for Smaller Entities (effective April 2008) paragraph 9.4. If full provision for deferred

taxation was made in these accounts, there would be a liability at 30 April 2014 of £373.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

25,807

At 30th April 2014

25,807

DEPRECIATION

Charge for period

286

At 30th April 2014

286

NET BOOK VALUE

At 30th April 2014

25,521

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

1

Ordinary

£1

1

1 Ordinary share of £1 was issued during the period for cash of £ 1 .

4.	ULTIMATE PARENT COMPANY

Pottery Cafe Limited is regarded by the directors as being the company's ultimate parent company.