The New Cavalier Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 08651223 (England and Wales)

Abbreviated Unaudited Accounts

for the Period 15 August 2013 to 31 August 2014

for

The New Cavalier Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

C Bewick

P D Jeffries

REGISTERED OFFICE:

115 Chester Road

Sunderland

Tyne and Wear

SR4 7HG

REGISTERED NUMBER:

08651223 (England and Wales)

ACCOUNTANTS:

Michael Adamson & Co

Chartered Certified Accountants

115 Chester Road

Sunderland

Tyne and Wear

SR4 7HG

FIXED ASSETS

Tangible assets

2

1,183

CURRENT ASSETS

Stocks

17,273

Debtors

3,205

Cash at bank and in hand

45,773

66,251

CREDITORS

Amounts falling due within one year

40,025

NET CURRENT ASSETS

26,226

TOTAL ASSETS LESS CURRENT LIABILITIES

27,409

PROVISIONS FOR LIABILITIES

237

NET ASSETS

27,172

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

27,072

SHAREHOLDERS' FUNDS

27,172

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 August 2014.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 August 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 12 May 2015 and were signed on its behalf by:

P D Jeffries - Director

C Bewick - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in

accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on cost and 25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance

for obsolete and slow moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not

reversed at the balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

1,733

At 31 August 2014

1,733

DEPRECIATION

Charge for period

550

At 31 August 2014

550

NET BOOK VALUE

At 31 August 2014

1,183

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary

1

100

100 Ordinary shares of 1 each were allotted and fully paid for cash at par during the period.

4.	ULTIMATE CONTROLLING PARTY

The controlling party is the directors.