Abbreviated Company Accounts - CANFORD BLUE LTD

07611003 CANFORD BLUE LTD 2014-04-30 false 2013-05-01 2014-04-30 true 07611003 2013-05-01 2014-04-30 07611003 2014-04-30 07611003 2013-04-30 07611003 uk-gaap-cd-bus:Director1 2013-05-01 2014-04-30 07611003 uk-gaap-cd-bus:Director2 2013-05-01 2014-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-05-01 2014-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-30 uk-gaap-cd-bus:OrdinaryShareClass2 2013-05-01 2014-04-30 uk-gaap-cd-bus:OrdinaryShareClass2 2014-04-30 uk-gaap-cd-bus:OrdinaryShareClass2 2013-04-30 iso4217:GBP shares

Registered Number 07611003

CANFORD BLUE LTD

Abbreviated Accounts

30 April 2014

CANFORD BLUE LTD Registered Number 07611003

Abbreviated Balance Sheet as at 30 April 2014

	Notes	2014	2013
		£	£
Current assets
Stocks		2,059,226	1,535,716
Debtors		19,963	102,832
Cash at bank and in hand		375	51,704
		2,079,564	1,690,252
Creditors: amounts falling due within one year	2	(1,806,801)	(1,387,727)
Net current assets (liabilities)		272,763	302,525
Total assets less current liabilities		272,763	302,525
Total net assets (liabilities)		272,763	302,525
Capital and reserves
Called up share capital	3	200,000	200,000
Profit and loss account		72,763	102,525
Shareholders' funds		272,763	302,525

For the year ending 30 April 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 27 January 2015

And signed on their behalf by:
J E Martin, Director
C J F Scott, Director

CANFORD BLUE LTD Registered Number 07611003

Notes to the Abbreviated Accounts for the period ended 30 April 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.

Other accounting policies
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Direct attributable finance costs charged to the company in respect of its development property are capitalised as part of the cost of this asset within the financial statements. Capitalisation of these costs ceases when the development property has been substantially completed.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.

2Creditors

	2014 £	2013 £
Secured Debts	755,496	700,000

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
100,000 A Ordinary shares of £1 each	100,000	100,000
100,000 B Ordinary shares of £1 each	100,000	100,000