CityBlock (Lancaster 4) Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 07768909

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2016

FOR

CITYBLOCK (LANCASTER 4) LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

J T Bargh

Mrs A J Bargh

REGISTERED OFFICE:

21 Castle Hill

Lancaster

Lancashire

LA1 1YN

REGISTERED NUMBER:

07768909

ACCOUNTANTS:

RfM Preston Ltd

Chartered Accountants

120-124 Towngate

Leyland

Lancashire

PR25 2LQ

BANKERS:

Royal Bank of Scotland

NoE Corporate Banking Centre 1

Parklands De Haviland Way

Horwich

Bolton

BL6 4YU

CURRENT ASSETS

Stocks

907,073

70,455

Debtors

20,520

5,966

Cash at bank

234

-

927,827

76,421

CREDITORS

Amounts falling due within one year

934,135

76,776

NET CURRENT LIABILITIES

(6,308

)

(355

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(6,308

)

(355

)

CAPITAL AND RESERVES

Called up share capital

2

1

Profit and loss account

(6,309

)

(356

)

SHAREHOLDERS' FUNDS

(6,308

)

(355

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 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 22 December 2016 and were signed
on its behalf by:

J T Bargh - 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).

STOCKS

Stocks are valued at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving items.

GOING CONCERN

The company made a loss of £5,953 for the year ended 31 March 2016 and had net liabilities of

£6,308. The company is dependent, in the absence of other funding, on the continued financial

support of its directors. The directors have confirmed their commitment to provide the necessary

support.

On this basis the directors consider it appropriate to prepare the financial statements on a going

concern basis. The financial statements do not include any adjustments that might be necessary if

the directors were not to provide further support.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

1

Ordinary

£1

1

3.	ULTIMATE CONTROLLING PARTY

The immediate parent company is CityBlock Holdings Limited, a company incorporated in England &

Wales.

The company's ultimate parent undertaking is CityBlock Limited, a company incorporated in England

& Wales.

The ultimate controlling party is J T & A J Bargh.