Charlesworths (Doncaster) Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 04120096

Charlesworths (Doncaster) Limited

Abbreviated Unaudited Accounts For The Year Ended 31 May 2015

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

A J G E Charlesworth

SECRETARY:

S H Charlesworth

REGISTERED OFFICE:

PO Box 978

Sidings Court

Lakeside

Doncaster

DN4 5NU

REGISTERED NUMBER:

04120096

ACCOUNTANTS:

Allotts Business Services Ltd

Chartered Accountants

Sidings Court

Lakeside

Doncaster

South Yorkshire

DN4 5NU

FIXED ASSETS

Tangible assets

2

310,000

310,000

CURRENT ASSETS

Debtors

5,181

-

Cash at bank

5,626

4,518

10,807

4,518

CREDITORS

Amounts falling due within one year

92,584

104,239

NET CURRENT LIABILITIES

(81,777

)

(99,721

)

TOTAL ASSETS LESS CURRENT LIABILITIES

228,223

210,279

CAPITAL AND RESERVES

Called up share capital

3

100

100

Revaluation reserve

104,911

104,911

Profit and loss account

123,212

105,268

SHAREHOLDERS' FUNDS

228,223

210,279

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 26 February 2016 and were signed by:

A J G E Charlesworth - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention as modified by the revaluation

of certain assets and in accordance with the Financial Reporting Standard for Smaller Entities (effective April

2008).

Turnover

Turnover represents rents receivable in the year.

Tangible fixed assets

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

Investment property

-

not provided

Fixtures and fittings

-

15% on cost

Computer equipment

-

33% on cost

In accordance with the FRSSE, the investment property is revalued from time to time and the aggregate surplus

or deficit is transferred to revaluation reserve. No depreciation is provided in respect of investment property. The

Companies Act 2006 requires all property to be depreciated. This requirement conflicts with the generally

accepted principle set out in the FRSSE. The directors consider that, because such property is not held for

consumption, but for investment potential to depreciate it would not give a true and fair view. If this departure

from the Act had not been made, the profit for the year would have been reduced by depreciation. However the

amount of depreciation cannot reasonably be quantified being only one of many factors reflected in the valuation

and not separately identified.

2.	TANGIBLE FIXED ASSETS

Total

£

COST OR VALUATION

At 1 June 2014

and 31 May 2015

312,863

DEPRECIATION

At 1 June 2014

and 31 May 2015

2,863

NET BOOK VALUE

At 31 May 2015

310,000

At 31 May 2014

310,000

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

100

Ordinary

£1

100

100