Cascada Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 08475284 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 April 2016

for

Cascada Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mr S C Carty

Mrs I E Carty

REGISTERED OFFICE:

Mor - I - Char

Welton Low Road

Elloughton

East Yorkshire

HU15 1HR

REGISTERED NUMBER:

08475284 (England and Wales)

ACCOUNTANTS:

360 Accountants Limited

19 Albion Street

Hull

East Yorkshire

HU1 3TG

BANKERS:

Santander

6-8 King Edward Street

Hull

East Yorkshire

HU1 3SS

FIXED ASSETS

Tangible assets

2

723

918

CURRENT ASSETS

Stocks

15,084

12,524

Debtors

19,315

12,517

Cash at bank

1,482

2,816

35,881

27,857

CREDITORS

Amounts falling due within one year

40,588

43,850

NET CURRENT LIABILITIES

(4,707

)

(15,993

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(3,984

)

(15,075

)

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

(4,084

)

(15,175

)

SHAREHOLDERS' FUNDS

(3,984

)

(15,075

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2016 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 18 July 2016 and were signed on its behalf by:

Mr S C Carty - 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 January 2015).

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

Computer equipment

-

20% 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.

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 May 2015

and 30 April 2016

1,148

DEPRECIATION

At 1 May 2015

230

Charge for year

195

At 30 April 2016

425

NET BOOK VALUE

At 30 April 2016

723

At 30 April 2015

918

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30/4/16

30/4/15

value:

£

100

Ordinary

£1

100