Contraflor (Industrial Flooring) Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 08102406 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 30 April 2016

for

Contraflor (Industrial Flooring) Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

G T Hooson

R Rowe

N J Gilding

REGISTERED OFFICE:

Suite 1 Armcon Business Park

London Road South

Poynton

Stockport

Cheshire

SK12 1LQ

REGISTERED NUMBER:

08102406 (England and Wales)

ACCOUNTANTS:

Nolan James Ltd

Chartered Accountants

Suite 1 Armcon Business Park

London Road South

Poynton

Stockport

Cheshire

SK12 1LQ

CURRENT ASSETS

Debtors

8,878

23,865

Cash at bank

561

3,794

9,439

27,659

CREDITORS

Amounts falling due within one year

18,826

33,248

NET CURRENT LIABILITIES

(9,387

)

(5,589

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(9,387

)

(5,589

)

CAPITAL AND RESERVES

Called up share capital

2

100

100

Profit and loss account

(9,487

)

(5,689

)

SHAREHOLDERS' FUNDS

(9,387

)

(5,589

)

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 10 October 2016 and were signed on its behalf by:

N J Gilding - 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).

As per page 4 of these financial statements, the company had an excess of liabilities over assets totalling at £9,437 the

balance sheet date. The company is reliant upon the continued financial support of its bankers and directors in order to

continue to trade. The directors are confident that the company will trade profitably in the future and have given assurances

that they will continue to provide financial support so that the company can continue in operational existence for the

foreseeable future. On this basis, these financial statements have been prepared on the going concern basis.

Exemption from preparing a cash flow statement

Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a small

company.

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

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.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

30.4.16

30.4.15

value:

£

£

100

Share capital 1

£1

100

100