A R Cholerton Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 04339516 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 May 2014

for

A R Cholerton Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

A R Cholerton

SECRETARY:

Mrs S J Cholerton

REGISTERED OFFICE:

The Mills

Canal Street

Derby

DE1 2RJ

REGISTERED NUMBER:

04339516 (England and Wales)

ACCOUNTANTS:

Bates Weston LLP

Chartered Accountants

The Mills

Canal Street

Derby

DE1 2RJ

FIXED ASSETS

Tangible assets

2

953

1,621

CURRENT ASSETS

Debtors

23,165

21,580

Cash at bank

996

2,314

24,161

23,894

CREDITORS

Amounts falling due within one year

10,596

8,158

NET CURRENT ASSETS

13,565

15,736

TOTAL ASSETS LESS CURRENT LIABILITIES

14,518

17,357

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

14,418

17,257

SHAREHOLDERS' FUNDS

14,518

17,357

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 22 November 2014 and were signed by:

A R Cholerton - 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 goods and services, excluding value added tax. It includes

relevant costs, overheads and attributable profit to date in respect of amounts recoverable on

contracts.

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

Computer equipment

-

33% on cost

Deferred tax

Provision is made at current rates for taxation deferred in respect of all material timing differences.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2013

10,934

Additions

224

At 31 May 2014

11,158

DEPRECIATION

At 1 June 2013

9,313

Charge for year

892

At 31 May 2014

10,205

NET BOOK VALUE

At 31 May 2014

953

At 31 May 2013

1,621

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

100

Ordinary

£1

100

100