Calinnova Limited - Abbreviated accounts 16.1

Calinnova Limited - Abbreviated accounts 16.1

CALINNOVA LTD - Company Information

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REGISTERED NUMBER: 02920686 (England and Wales)















ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2015

FOR

CALINNOVA LIMITED

CALINNOVA LIMITED (REGISTERED NUMBER: 02920686)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2015




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

CALINNOVA LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2015







DIRECTORS: M G Green
Mrs S B Green





SECRETARY: Mrs S B Green





REGISTERED OFFICE: Unit 21/22 Spring Mill Industrial Estate
Avening Road
Nailsworth
Gloucestershire
GL6 0BS





REGISTERED NUMBER: 02920686 (England and Wales)





ACCOUNTANTS: Randall & Payne LLP
Chartered Accountants
Chargrove House
Shurdington Road
Cheltenham
Gloucestershire
GL51 4GA
Page 1
CALINNOVA LIMITED (REGISTERED NUMBER: 02920686)

ABBREVIATED BALANCE SHEET
30 SEPTEMBER 2015

2015 2014
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 63,452 66,453

CURRENT ASSETS
Stocks 78,854 79,299
Debtors 14,106 26,249
Cash at bank and in hand 72,359 105,977
165,319 211,525
CREDITORS
Amounts falling due within one year 87,100 158,635
NET CURRENT ASSETS 78,219 52,890
TOTAL ASSETS LESS CURRENT
LIABILITIES
141,671
119,343

CREDITORS
Amounts falling due after more than one
year
(29,389
)
-

PROVISIONS FOR LIABILITIES (7,256 ) (6,196 )
NET ASSETS 105,026 113,147

CAPITAL AND RESERVES
Called up share capital 3 100 100
Profit and loss account 104,926 113,047
SHAREHOLDERS' FUNDS 105,026 113,147

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 notes form part of these abbreviated accounts

Page 2 continued...
CALINNOVA LIMITED (REGISTERED NUMBER: 02920686)

ABBREVIATED BALANCE SHEET - continued
30 SEPTEMBER 2015


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 8 June 2016 and were signed on its
behalf by:





Mrs S B Green - Director


The notes form part of these abbreviated accounts

Page 3
CALINNOVA LIMITED (REGISTERED NUMBER: 02920686)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2015

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 January 2015).

Turnover
Turnover represents net invoiced goods, excluding value added tax and is recognised at the point the
sales invoice is raised once the transaction is complete.

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

Improvements to property - 25% on reducing balance
Plant and machinery - 25% 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.

Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Sales made in foreign currencies are translated into sterling at the rate ruling on the date the foreign price list was established. Exchange differences are taken into account in arriving at the operating profit.

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.

Going concern
There are no material uncertainties that may cast significant doubt about the company's ability to
continue as a going concern.

Page 4 continued...
CALINNOVA LIMITED (REGISTERED NUMBER: 02920686)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2015

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 October 2014 235,836
Additions 18,150
At 30 September 2015 253,986
DEPRECIATION
At 1 October 2014 169,383
Charge for year 21,151
At 30 September 2015 190,534
NET BOOK VALUE
At 30 September 2015 63,452
At 30 September 2014 66,453

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2015 2014
value: £    £   
100 Ordinary £1 100 100

Page 5