Registration number:
Unaudited abbreviated accounts
for the year ended
CAP Ceilings & Partitions Limited
Contents
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CAP Ceilings & Partitions Limited
(Registration number: 04665599)
Abbreviated balance sheet at 29 February 2016
Note |
2016
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2015
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Fixed assets |
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Tangible fixed assets |
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Current assets |
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Stock |
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Debtors |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
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Net current assets |
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Total assets less current liabilities |
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Provisions for liabilities |
- |
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Net assets |
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Capital and reserves |
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Called up share capital |
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Profit and loss account |
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Shareholders' funds |
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The notes on pages 3 to 5 form an integral part of these abbreviated accounts.
Page 1
CAP Ceilings & Partitions Limited
(Registration number: 04665599)
Abbreviated balance sheet at 29 February 2016
......... continued
Approved by the board on
.........................................
Mr G J Rice
Director
.........................................
Mr A Mills
Director
The notes on pages 3 to 5 form an integral part of these abbreviated accounts.
Page 2
CAP Ceilings & Partitions Limited
Notes to the abbreviated accounts for the year ended 29 February 2016
......... continued
Accounting policies |
Basis of preparation
Turnover
Goodwill
Positive goodwill is capitalised, classified as an asset on the balance sheet and amortised on a straight line basis over its useful economic life. It is reviewed for impairment at the end of the first full financial year following the acquisition and in other periods if events or changes in circumstances indicate that the carrying value may not be recoverable.
Amortisation
Acquired goodwill is written off in equal annual instalments over its estimated useful economic life.
Asset class |
Amortisation method and rate |
Goodwill |
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Depreciation
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life as follows:
Asset class |
Depreciation rate and method |
Property improvements |
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Fixtures, fittings and equipment |
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Stock
Deferred tax
CAP Ceilings & Partitions Limited
Notes to the abbreviated accounts for the year ended 29 February 2016
......... continued
Hire purchase and leasing
Financial instruments
Pensions
Fixed assets |
Intangible assets
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Tangible assets
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Total
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Cost |
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At 1 March 2015 |
19,250 |
99,194 |
118,444 |
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Additions |
- |
3,713 |
3,713 |
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At 29 February 2016 |
19,250 |
102,907 |
122,157 |
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Depreciation |
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At 1 March 2015 |
19,250 |
64,871 |
84,121 |
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Charge for the year |
- |
10,848 |
10,848 |
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At 29 February 2016 |
19,250 |
75,719 |
94,969 |
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Net book value |
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At 29 February 2016 |
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At 28 February 2015 |
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CAP Ceilings & Partitions Limited
Notes to the abbreviated accounts for the year ended 29 February 2016
......... continued
Creditors |
Creditors includes the following liabilities, on which security has been given by the company:
2016
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2015
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Amounts falling due within one year |
133,074 |
347,327 |
Share capital |
Allotted, called up and fully paid shares
2016 |
2015 |
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No. |
£ |
No. |
£ |
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