Charles Speight Limited - Limited company - abbreviated

REGISTERED NUMBER: 01290485

Abbreviated Unaudited Accounts for the Year Ended 31 March 2014

for

Charles Speight Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

OW Speight

SECRETARY:

REGISTERED OFFICE:

140 High Street

Smethwick

West Midlands

B663AP

REGISTERED NUMBER:

01290485

FIXED ASSETS

Tangible assets

2

374

494

CURRENT ASSETS

Stocks

34,250

30,250

Debtors

9,078

29,560

43,328

59,810

CREDITORS

Amounts falling due within one year

4,993

15,757

NET CURRENT ASSETS

38,335

44,053

TOTAL ASSETS LESS CURRENT
LIABILITIES

38,709

44,547

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

38,609

44,447

SHAREHOLDERS' FUNDS

38,709

44,547

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 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 14 October 2014 and were signed by:

OW Speight - 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 April 2008).

Turnover

Turnover represents net invoiced sales of services, 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.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

and 31 March 2014

80,751

DEPRECIATION

At 1 April 2013

80,257

Charge for year

120

At 31 March 2014

80,377

NET BOOK VALUE

At 31 March 2014

374

At 31 March 2013

494

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.14

31.3.13

value:

£

100

Ordinary

1

100

Charles Speight Limited - Limited company - abbreviated - 11.0.0

Charles Speight Limited - Limited company - abbreviated - 11.0.0