Company Registration No. 05200963 (England and Wales)
CSBC Limited
Abbreviated unaudited accounts
for the year ended 31 August 2016
CSBC Limited
Abbreviated Balance Sheet
as at
31 August 2016
Intangible assets
3,280
4,920
Tangible assets
3,288
824
Cash at bank and in hand
27,582
15,955
Creditors: amounts falling due within one year
(44,470)
(41,595)
Net current assets
17,687
9,584
Called up share capital
1,000
1,000
Share premium
29,375
29,375
Profit and loss account
(6,120)
(15,047)
Total shareholders' funds
24,255
15,328
For the year ending 31 August 2016 the company was entitled to exemption from audit 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 and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Approved by the board on 30 April 2017
P Jenks
Director
Company Registration No. 05200963
CSBC Limited
Notes to the Abbreviated Accounts
for the year ended 31 August 2016
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Stocks and work-in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.
Amortisation is calculated so as to write off the cost of an asset, less its estimates residual value, over the useful economic life of that asset as follows:
Goodwill - 10% straight line
Intangibles - 20% straight line
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
25% reducing balance
Plant & machinery
25% reducing balance
2
Intangible fixed assets
At 1 September 2015
47,377
At 1 September 2015
42,457
Charge for the year
1,640
CSBC Limited
Notes to the Abbreviated Accounts
for the year ended 31 August 2016
At 1 September 2015
11,172
At 1 September 2015
10,348
Charge for the year
1,096
4
Share capital
2016
2015
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000
1,000