Company Registration No. 05912701 (England and Wales)
CARRINGTON BROWN FLOWERS LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2015
CARRINGTON BROWN FLOWERS LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
CARRINGTON BROWN FLOWERS LIMITED
ABBREVIATED BALANCE SHEET
AS AT
31 DECEMBER 2015
31 December 2015
- 1 -
2015
2014
Notes
£
£
£
£
Fixed assets
Tangible assets
2
14,404
18,535
Current assets
Stocks
15,000
16,050
Debtors
63,602
72,976
Cash at bank and in hand
4,033
5,873
82,635
94,899
Creditors: amounts falling due within one year
(45,978)
(60,364)
Net current assets
36,657
34,535
Total assets less current liabilities
51,061
53,070
Capital and reserves
Called up share capital
3
1,000
1,000
Revaluation reserve
13,062
13,062
Profit and loss account
36,999
39,008
Shareholders' funds
51,061
53,070
For the financial year ended 31 December 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board and authorised for issue on 27 September 2016
C Morgan
Director
Company Registration No. 05912701
CARRINGTON BROWN FLOWERS LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2015
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
The accounts are prepared on a going concern basis, the use of the going concern basis of accounting is appropriate because there are no material uncertainties related to events or conditions that may cast significant doubt about the ability of the company to continue as a going concern.
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.
1.4
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided at rates calculated to write off the cost or valuation less estimated residual value of each asset over its expected useful life, as follows:
Land and buildings Leasehold
Stated at estimated residual value
Plant and machinery
15% Reducing Balance
Computer equipment
15% Reducing Balance
Fixtures, fittings & equipment
15% Reducing Balance
Motor vehicles
25% Reducing Balance
CARRINGTON BROWN FLOWERS LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2015
- 3 -
2
Fixed assets
Tangible assets
£
Cost or valuation
At 1 January 2015
39,272
Additions
3,000
Disposals
(4,000)
At 31 December 2015
38,272
Depreciation
At 1 January 2015
20,737
Charge for the year
3,131
At 31 December 2015
23,868
Net book value
At 31 December 2015
14,404
At 31 December 2014
18,535
3
Share capital
2015
2014
£
£
Allotted, called up and fully paid
1,000 Ordinary shares of £1 each
1,000
1,000