Registered Number 06183014

CHAPMAN'S SEAFOODS LTD.

Abbreviated Accounts

30 June 2015

CHAPMAN'S SEAFOODS LTD. Registered Number 06183014

Abbreviated Balance Sheet as at 30 June 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 56,541 75,175
56,541 75,175
Current assets
Stocks 61,673 52,939
Debtors 177,984 135,172
Cash at bank and in hand 250 465
239,907 188,576
Creditors: amounts falling due within one year (265,458) (239,819)
Net current assets (liabilities) (25,551) (51,243)
Total assets less current liabilities 30,990 23,932
Creditors: amounts falling due after more than one year (11,000) (12,000)
Total net assets (liabilities) 19,990 11,932
Capital and reserves
Called up share capital 100 100
Profit and loss account 19,890 11,832
Shareholders' funds 19,990 11,932
  • For the year ending 30 June 2015 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
  • The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 31 December 2015

And signed on their behalf by:
Kevin Chapman, Director

CHAPMAN'S SEAFOODS LTD. Registered Number 06183014

Notes to the Abbreviated Accounts for the period ended 30 June 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover comprises the invoice value of fish products supplied excluding VAT

Tangible assets depreciation policy
Tangible fixed assets are written off over their expected useful lives as follows
Plant and Machinery - 25% per annum straight line
Fixtures and Fittings - 25% per annum straight line
Motor Vehicles - 25% per annum straight line

2Tangible fixed assets
£
Cost
At 1 July 2014 158,417
Additions 8,672
Disposals -
Revaluations -
Transfers -
At 30 June 2015 167,089
Depreciation
At 1 July 2014 83,242
Charge for the year 27,306
On disposals -
At 30 June 2015 110,548
Net book values
At 30 June 2015 56,541
At 30 June 2014 75,175