Chapman Management Co. Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 04300365 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 OCTOBER 2016

FOR

CHAPMAN MANAGEMENT CO. LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

R Chapman

SECRETARY:

Mrs C E Chapman

REGISTERED OFFICE:

Old Library House

4 Dean Park Crescent

Bournemouth

Dorset

BH1 1LY

REGISTERED NUMBER:

04300365 (England and Wales)

ACCOUNTANTS:

Buckleys (Southern) Limited

Units 3-4 Shelley Farm

Shelley Lane

Ower

Romsey

Hampshire

SO51 6AS

FIXED ASSETS

Intangible assets

2

7,500

9,000

Tangible assets

3

1,120

1,326

8,620

10,326

CURRENT ASSETS

Debtors

12,445

8,717

Cash at bank

29,525

22,643

41,970

31,360

CREDITORS

Amounts falling due within one year

15,353

15,449

NET CURRENT ASSETS

26,617

15,911

TOTAL ASSETS LESS CURRENT
LIABILITIES

35,237

26,237

CAPITAL AND RESERVES

Called up share capital

4

205

Profit and loss account

35,032

26,032

SHAREHOLDERS' FUNDS

35,237

26,237

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2016 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 15 November 2016 and were signed
by:

R Chapman - 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 2001, is being amortised evenly over its estimated useful life of twenty years.

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

-

15% 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.

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.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2015

and 31 October 2016

30,000

AMORTISATION

At 1 November 2015

21,000

Amortisation for year

1,500

At 31 October 2016

22,500

NET BOOK VALUE

At 31 October 2016

7,500

At 31 October 2015

9,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2015

and 31 October 2016

7,228

DEPRECIATION

At 1 November 2015

5,902

Charge for year

206

At 31 October 2016

6,108

NET BOOK VALUE

At 31 October 2016

1,120

At 31 October 2015

1,326

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.16

31.10.15

value:

£

100

Ordinary 'A'

£1

100

Ordinary 'B'

£1

100

1

Ordinary 'C'

£1

1

Ordinary 'D'

£1

1

Ordinary 'E'

£1

1

Ordinary 'F'

£1

1

Ordinary 'G'

£1

1

205