CCS Floorings Ltd - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 01296338 (England and Wales)

CCS FLOORINGS LTD

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30TH NOVEMBER 2013

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mrs C A Stuart-Neal

C P Stuart-Neal

SECRETARY:

Mrs C A Stuart-Neal

REGISTERED OFFICE:

The Old Stable

122 St. Annes Road

London Colney

Hertfordshire

AL2 1NX

REGISTERED NUMBER:

01296338 (England and Wales)

ACCOUNTANTS:

Higginson & Co (UK) Ltd

3 Kensworth Gate

200 - 204 High Street South

Dunstable

Bedfordshire

LU6 3HS

FIXED ASSETS

Tangible assets

2

9,100

10,336

CURRENT ASSETS

Stocks

7,811

10,385

Debtors

43,911

95,432

Cash at bank and in hand

20,347

4,620

72,069

110,437

CREDITORS

Amounts falling due within one year

50,293

91,416

NET CURRENT ASSETS

21,776

19,021

TOTAL ASSETS LESS CURRENT LIABILITIES

30,876

29,357

CREDITORS

Amounts falling due after more than one year

3

24,268

24,268

NET ASSETS

6,608

5,089

CAPITAL AND RESERVES

Called up share capital

4

2

2

Profit and loss account

6,606

5,087

SHAREHOLDERS' FUNDS

6,608

5,089

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th November 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th November 2013 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 30th August 2014 and were signed on its behalf by:

C P Stuart-Neal - 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.

Short leasehold

-

10% on reducing balance

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st December 2012

and 30th November 2013

58,259

DEPRECIATION

At 1st December 2012

47,923

Charge for year

1,236

At 30th November 2013

49,159

NET BOOK VALUE

At 30th November 2013

9,100

At 30th November 2012

10,336

3.

CREDITORS

Creditors include the following debts falling due in more than five years:

2013

2012

£

£

Repayable otherwise than by instalments

24,268

24,268

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2013

2012

value:

£

£

2

Ordinary

£1

2

2

5.	RELATED PARTY DISCLOSURES