Cableking Steel Ltd - Abbreviated accounts 16.1

Cableking Steel Ltd

Abbreviated Unaudited Accounts

for the Period 30 August 2014 to 31 August 2015

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

L Lowthian

REGISTERED OFFICE:

Unit 27

Meridian Business Village

Hansby Drive

Liverpool

Merseyside

L24 9LG

REGISTERED NUMBER:

09195709 (England and Wales)

ACCOUNTANTS:

Sue Matthews & Co Ltd

Chartered Accountants & Registered Auditors

Unit 27

Meridian Business Village

Hansby Drive

Liverpool

Merseyside

L24 9LG

FIXED ASSETS

Tangible assets

2

2,600

CURRENT ASSETS

Stocks

2,400

Cash at bank

1,704

4,104

CREDITORS

Amounts falling due within one year

1,920

NET CURRENT ASSETS

2,184

TOTAL ASSETS LESS CURRENT LIABILITIES

4,784

CAPITAL AND RESERVES

Called up share capital

3

1

Profit and loss account

4,783

SHAREHOLDERS' FUNDS

4,784

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 August 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 30 June 2016 and were signed by:

L Lowthian - 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.

Plant and machinery etc

-

15% 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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

3,059

At 31 August 2015

3,059

DEPRECIATION

Charge for period

459

At 31 August 2015

459

NET BOOK VALUE

At 31 August 2015

2,600

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

1

Ordinary

£1

1