Company Registration No. 01373445 (England and Wales)
C.D.C. (FLOORING AND FABRICS) LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2015
C.D.C. (FLOORING AND FABRICS) LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
C.D.C. (FLOORING AND FABRICS) LIMITED
ABBREVIATED BALANCE SHEET
AS AT
30 JUNE 2015
30 June 2015
- 1 -
2015
2014
Notes
£
£
£
£
Fixed assets
Tangible assets
2
1,633
4,969
Current assets
Debtors
191,395
163,705
Cash at bank and in hand
108,392
117,496
299,787
281,201
Creditors: amounts falling due within one year
3
(158,920)
(194,611)
Net current assets
140,867
86,590
Total assets less current liabilities
142,500
91,559
Capital and reserves
Called up share capital
4
100
100
Profit and loss account
142,400
91,459
Shareholders' funds
142,500
91,559
For the financial year ended 30 June 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' 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 directors acknowledge their 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 for issue on 18 March 2016
Mr N A Burr
Director
Company Registration No. 01373445
C.D.C. (FLOORING AND FABRICS) LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 JUNE 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 April 2008).
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 less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Fixtures, fittings & equipment
20% straight line
Motor vehicles
25% straight line
1.5
Executive Retirement Benefit scheme
The company operates an Executive Pension Scheme for the directors. The contributions to the scheme are charged to the profit and loss account in respect to the accounting year in which they are payable. There were no contributions outstanding at the date of these accounts.
2
Fixed assets
Tangible assets
£
Cost
At 1 July 2014 & at 30 June 2015
60,173
Depreciation
At 1 July 2014
55,204
Charge for the year
3,336
At 30 June 2015
58,540
Net book value
At 30 June 2015
1,633
At 30 June 2014
4,969
3
Creditors: amounts falling due within one year
The aggregate amount of creditors for which security has been given amounted to £nil (2014 - £186).
C.D.C. (FLOORING AND FABRICS) LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2015
- 3 -
4
Share capital
2015
2014
£
£
Allotted, called up and fully paid
100 Ordinary shares of £1 each
100
100