A R Cholerton Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 04339516 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 May 2015

for

A R Cholerton Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

A R Cholerton

SECRETARY:

Mrs S J Cholerton

REGISTERED OFFICE:

The Mills

Canal Street

Derby

DE1 2RJ

REGISTERED NUMBER:

04339516 (England and Wales)

ACCOUNTANTS:

Bates Weston LLP

Chartered Accountants

The Mills

Canal Street

Derby

DE1 2RJ

FIXED ASSETS

Tangible assets

2

1,436

953

CURRENT ASSETS

Debtors

6,422

23,165

Cash at bank

12,114

996

18,536

24,161

CREDITORS

Amounts falling due within one year

14,201

10,596

NET CURRENT ASSETS

4,335

13,565

TOTAL ASSETS LESS CURRENT LIABILITIES

5,771

14,518

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

5,671

14,418

SHAREHOLDERS' FUNDS

5,771

14,518

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 27 January 2016 and were signed by:

A R Cholerton - 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 and services, excluding value added tax. It includes

relevant costs, overheads and attributable profit to date in respect of amounts recoverable on

contracts.

Tangible fixed assets

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

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Deferred tax

Provision is made at current rates for taxation deferred in respect of all material timing differences.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2014

11,158

Additions

1,170

Disposals

(330

)

At 31 May 2015

11,998

DEPRECIATION

At 1 June 2014

10,205

Charge for year

687

Eliminated on disposal

(330

)

At 31 May 2015

10,562

NET BOOK VALUE

At 31 May 2015

1,436

At 31 May 2014

953

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

100

Ordinary

£1

100

100