The Chinese Room Limited - Abbreviated accounts 16.1

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2015

FOR

THE CHINESE ROOM LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mr D M Pinchbeck

Mrs J Pinchbeck

REGISTERED OFFICE:

1st Floor

Unison

179 Preston Road

Brighton

East Sussex

BN1 6AG

REGISTERED NUMBER:

07372832 (England and Wales)

FIXED ASSETS

Tangible assets

2

20,565

38,929

CURRENT ASSETS

Debtors

235,804

186,302

Cash at bank and in hand

1,364,150

718,032

1,599,954

904,334

CREDITORS

Amounts falling due within one year

(242,431

)

(205,973

)

NET CURRENT ASSETS

1,357,523

698,361

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,378,088

737,290

CREDITORS

Amounts falling due after more than one
year

-

(14,275

)

PROVISIONS FOR LIABILITIES

(4,113

)

-

NET ASSETS

1,373,975

723,015

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

1,373,973

723,013

SHAREHOLDERS' FUNDS

1,373,975

723,015

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 22 April 2016 and were signed on its behalf by:

Mr D M Pinchbeck - Director

Mrs J Pinchbeck - 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 invoiced sales of goods and services, 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

-

straight line over 3 years

Motor vehicles

-

25% on cost

Computer equipment

-

straight line over 3 years

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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2014

62,812

Additions

1,522

At 30 September 2015

64,334

DEPRECIATION

At 1 October 2014

23,883

Charge for year

19,886

At 30 September 2015

43,769

NET BOOK VALUE

At 30 September 2015

20,565

At 30 September 2014

38,929

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

1

Ordinary A

£1

1

Ordinary B

£1

1

2