Chamberlyns Limited - Limited company - abbreviated

REGISTERED NUMBER: 03305866 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2014

FOR

CHAMBERLYNS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mr M D Smith

Mr G S Husaunndee

SECRETARY:

Mr M D Smith

REGISTERED OFFICE:

Basepoint Business and Innovation Centre

110 Butterfield

Great Marlings

Luton

Bedfordshire

LU2 8DL

REGISTERED NUMBER:

03305866 (England and Wales)

ACCOUNTANTS:

Foxley Kingham

Chartered Accountants

Prospero House

46-48 Rothesay Road

Luton

Bedfordshire

LU1 1QZ

FIXED ASSETS

Intangible assets

2

-

Tangible assets

3

21,172

6,331

21,172

6,331

CURRENT ASSETS

Debtors

6,129

4,048

Cash at bank and in hand

32,224

48,796

38,353

52,844

CREDITORS

Amounts falling due within one year

37,958

24,053

NET CURRENT ASSETS

395

28,791

TOTAL ASSETS LESS CURRENT
LIABILITIES

21,567

35,122

CAPITAL AND RESERVES

Called up share capital

4

13,363

Capital redemption reserve

1,640

Profit and loss account

6,564

20,119

SHAREHOLDERS' FUNDS

21,567

35,122

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2014 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 17 March 2015 and were signed on its behalf by:

Mr M D Smith - Director

Mr G S Husaunndee - 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 fees and commissions invoiced, net of VAT.

Goodwill

Goodwill, being the amount paid for the business acquired in 2009, was written off evenly over its useful life of

two 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

-

33% on cost

Computer equipment

-

33% on cost

Deferred tax

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

sheet date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2014

and 31 December 2014

15,000

AMORTISATION

At 1 January 2014

and 31 December 2014

15,000

NET BOOK VALUE

At 31 December 2014

-

At 31 December 2013

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2014

16,146

Additions

18,743

Disposals

(7,481

)

At 31 December 2014

27,408

DEPRECIATION

At 1 January 2014

9,815

Charge for year

3,902

Eliminated on disposal

(7,481

)

At 31 December 2014

6,236

NET BOOK VALUE

At 31 December 2014

21,172

At 31 December 2013

6,331

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

13,362

Ordinary

£1

13,362

1

Ordinary 'A'

£1

1

13,363

Shares in all classes of ordinary share capital rank pari passu in all respects.

5.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year dividends of £69,993 (2013: £63,581) were paid to the directors.