Abbreviated Company Accounts - CALAZ ASSOCIATES LIMITED

CALAZ ASSOCIATES LIMITED - Company Information

Registered Number 01909572

CALAZ ASSOCIATES LIMITED

Abbreviated Accounts

31 December 2014

CALAZ ASSOCIATES LIMITED Registered Number 01909572

Abbreviated Balance Sheet as at 31 December 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	1,448	997
		1,448	997
Current assets
Stocks		450	1,000
Debtors		1,411	1,915
Cash at bank and in hand		2,126	461
		3,987	3,376
Creditors: amounts falling due within one year		(2,033)	(1,887)
Net current assets (liabilities)		1,954	1,489
Total assets less current liabilities		3,402	2,486
Provisions for liabilities		(290)	(200)
Total net assets (liabilities)		3,112	2,286
Capital and reserves
Called up share capital		20,000	20,000
Profit and loss account		(16,888)	(17,714)
Shareholders' funds		3,112	2,286

For the year ending 31 December 2014 the company was entitled to exemption 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.

Approved by the Board on 16 September 2015

And signed on their behalf by:
R A Calaz, Director

CALAZ ASSOCIATES LIMITED Registered Number 01909572

Notes to the Abbreviated Accounts for the period ended 31 December 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the invoiced value of goods and services supplied by the company,
net of value added tax and trade discounts.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over
their estimated useful lives.

Plant and machinery -20% reducing balance

Valuation information and policy
Stocks. These are valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks.

Other accounting policies
Cash flow statement. The company is exempt from including a statement of cash flows in its accounts in accordance with FRSSE (effective April 2008).

2Tangible fixed assets

	£
Cost
At 1 January 2014	1,650
Additions	813
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2014	2,463
Depreciation
At 1 January 2014	653
Charge for the year	362
On disposals	-
At 31 December 2014	1,015
Net book values
At 31 December 2014	1,448
At 31 December 2013	997