REGISTERED NUMBER: 07802714 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 March 2014

for

CONTREC MANUFACTURING (UK) LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mrs P Casson

T Casson

Miss L C Casson

REGISTERED OFFICE:

Riverside

Canal Rd

Sowerby Bridge

Halifax

West Yorkshire

HX6 2AY

REGISTERED NUMBER:

07802714 (England and Wales)

ACCOUNTANTS:

Riley & Co Limited

Chartered Accountants

52 St Johns Lane

Halifax

West Yorkshire

HX1 2BW

FIXED ASSETS

Intangible assets

2

10,577

20,755

Tangible assets

3

31,244

12,557

41,821

33,312

CURRENT ASSETS

Stocks

449,585

349,290

Debtors

296,601

171,749

Cash at bank and in hand

134,278

72,441

880,464

593,480

CREDITORS

Amounts falling due within one year

312,926

169,563

NET CURRENT ASSETS

567,538

423,917

TOTAL ASSETS LESS CURRENT LIABILITIES

609,359

457,229

PROVISIONS FOR LIABILITIES

2,643

2,511

NET ASSETS

606,716

454,718

CAPITAL AND RESERVES

Called up share capital

4

100

2

Profit and loss account

606,616

454,716

SHAREHOLDERS' FUNDS

606,716

454,718

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 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 28 August 2014 and were signed on its behalf by:

Mrs P Casson - 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, excluding value added tax.

Patents & licences

The intangible asset relates to a licencing fee paid in 2013 that is being amortised over the agreement period of

3 years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33.33% on cost and 15% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and

slow moving items.

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 April 2013

and 31 March 2014

31,275

AMORTISATION

At 1 April 2013

10,520

Amortisation for year

10,178

At 31 March 2014

20,698

NET BOOK VALUE

At 31 March 2014

10,577

At 31 March 2013

20,755

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

16,106

Additions

28,556

At 31 March 2014

44,662

DEPRECIATION

At 1 April 2013

3,549

Charge for year

9,869

At 31 March 2014

13,418

NET BOOK VALUE

At 31 March 2014

31,244

At 31 March 2013

12,557

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.14

31.3.13

value:

£

£

70

Ordinary "A"

£1

70

1

10

Ordinary "B"

£1

10

1

20

Ordinary "C"

£1

20

-

100

2

As a bonus out of reserves

69 Ordinary "A" shares of £1

29 Ordinary "B" shares of £1

On 18/10/13 20 Ordinary "B" shares were reclassified as 20 Ordinary "C" shares