Chamber Certification Assessment Service - Abbreviated accounts 16.1

REGISTERED NUMBER: 02996422 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31st March 2016

for

CHAMBER CERTIFICATION ASSESSMENT

SERVICES LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

T Brachmanski

Mrs J A Annis

SECRETARY:

T Brachmanski

REGISTERED OFFICE:

CCAS House

20 Morston Court

Kingswood Lakeside

Cannock

Staffordshire

WS11 8JB

REGISTERED NUMBER:

02996422 (England and Wales)

ACCOUNTANTS:

Bakers

(The practising name of

Baker (Midlands) Limited)

Arbor House

Broadway North

Walsall

WS1 2AN

FIXED ASSETS

Intangible assets

2

-

-

Tangible assets

3

341,256

325,346

341,256

325,346

CURRENT ASSETS

Debtors

42,721

71,784

Cash at bank

226,339

179,207

269,060

250,991

CREDITORS

Amounts falling due within one year

4

139,886

148,409

NET CURRENT ASSETS

129,174

102,582

TOTAL ASSETS LESS CURRENT LIABILITIES

470,430

427,928

CREDITORS

Amounts falling due after more than one year

4

176,594

162,215

NET ASSETS

293,836

265,713

CAPITAL AND RESERVES

Called up share capital

5

75

75

Profit and loss account

293,761

265,638

SHAREHOLDERS' FUNDS

293,836

265,713

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 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 4th October 2016 and were signed on its behalf by:

T Brachmanski - 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Freehold property

-

2% on cost

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those

held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance

leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period.

The capital element of the future payments is treated as a liability.

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.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1st April 2015

and 31st March 2016

21,000

AMORTISATION

At 1st April 2015

and 31st March 2016

21,000

NET BOOK VALUE

At 31st March 2016

-

At 31st March 2015

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st April 2015

339,605

Additions

45,660

Disposals

(29,795

)

At 31st March 2016

355,470

DEPRECIATION

At 1st April 2015

14,259

Charge for year

17,175

Eliminated on disposal

(17,220

)

At 31st March 2016

14,214

NET BOOK VALUE

At 31st March 2016

341,256

At 31st March 2015

325,346

4.

CREDITORS

Creditors include an amount of £ 190,787 (2015 - £ 188,894 ) for which security has been given.

They also include the following debts falling due in more than five years:

2016

2015

£

£

Repayable by instalments

113,580

124,827

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

75

Ordinary

1

75

75