C.Harris(Wholesale Meat)Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 00846549 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 JUNE 2015

FOR

C.HARRIS(WHOLESALE MEAT)LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

A Harris

M Harris

REGISTERED OFFICE:

Churchill House

120 Bunns Lane

Mill Hill

London

NW7 2AS

REGISTERED NUMBER:

00846549 (England and Wales)

ACCOUNTANTS:

J.D. Bregman & Co Limited

Churchill House

120 Bunns Lane

Mill Hill

London

NW7 2AS

FIXED ASSETS

Tangible assets

2

3,406

4,256

CURRENT ASSETS

Stocks

5,100

5,175

Debtors

3

1,142,956

1,108,996

Cash at bank

539,022

460,024

1,687,078

1,574,195

CREDITORS

Amounts falling due within one year

586,943

571,812

NET CURRENT ASSETS

1,100,135

1,002,383

TOTAL ASSETS LESS CURRENT LIABILITIES

1,103,541

1,006,639

CAPITAL AND RESERVES

Called up share capital

4

10,000

10,000

Profit and loss account

1,093,541

996,639

SHAREHOLDERS' FUNDS

1,103,541

1,006,639

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2015 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 24 March 2016 and were signed on its behalf by:

A Harris - 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.

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

20% on reducing balance

Computer equipment

-

33% on cost

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the

balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at

the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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 1 July 2014

and 30 June 2015

45,427

DEPRECIATION

At 1 July 2014

41,171

Charge for year

850

At 30 June 2015

42,021

NET BOOK VALUE

At 30 June 2015

3,406

At 30 June 2014

4,256

3.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

The aggregate total of debtors falling due after more than one year is £ 127,500 (30.6.14 - £ 127,500 )

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.15

30.6.14

value:

£

£

10,000

Ordinary

£1

10,000

10,000

5.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 June 2015 and

30 June 2014:

30.6.15

30.6.14

£

£

A Harris

Balance outstanding at start of year

18,185

12,745

Amounts advanced

18,202

18,440

Amounts repaid

(21,000

)

(13,000

)

Balance outstanding at end of year

15,387

18,185

Interest of £537 has been charged at the official HM Revenue & Customs rate.

This balance was repaid after the balance sheet date.