Registered Number 06183014

CHAPMAN'S SEAFOODS LTD.

Abbreviated Accounts

30 June 2016

CHAPMAN'S SEAFOODS LTD. Registered Number 06183014

Abbreviated Balance Sheet as at 30 June 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 35,779 56,541
35,779 56,541
Current assets
Stocks 75,344 61,673
Debtors 164,623 177,984
Cash at bank and in hand 19,270 250
259,237 239,907
Creditors: amounts falling due within one year (254,104) (265,458)
Net current assets (liabilities) 5,133 (25,551)
Total assets less current liabilities 40,912 30,990
Creditors: amounts falling due after more than one year (5,549) (11,000)
Provisions for liabilities (1,197) -
Total net assets (liabilities) 34,166 19,990
Capital and reserves
Called up share capital 100 100
Profit and loss account 34,066 19,890
Shareholders' funds 34,166 19,990
  • For the year ending 30 June 2016 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 2016

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 2016

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 goods supplied excluding VAT

Tangible assets depreciation policy
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in
order to write off the assets over their estimated useful lives:
Plant & machinery 25% per annum straight line
Motor vehicles 25% per annum straight line
Fixtures & fittings 25% per annum straight line

2Tangible fixed assets
£
Cost
At 1 July 2015 167,089
Additions 19,720
Disposals -
Revaluations -
Transfers -
At 30 June 2016 186,809
Depreciation
At 1 July 2015 110,548
Charge for the year 40,482
On disposals -
At 30 June 2016 151,030
Net book values
At 30 June 2016 35,779
At 30 June 2015 56,541