REGISTERED NUMBER: |
ABBREVIATED UNAUDITED ACCOUNTS |
FOR THE YEAR ENDED |
30 APRIL 2015 |
FOR |
CAMWEAVERS LIMITED |
REGISTERED NUMBER: |
ABBREVIATED UNAUDITED ACCOUNTS |
FOR THE YEAR ENDED |
30 APRIL 2015 |
FOR |
CAMWEAVERS LIMITED |
CAMWEAVERS LIMITED (REGISTERED NUMBER: 00556167) |
CONTENTS OF THE ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 30 APRIL 2015 |
Page |
Company Information | 1 |
Chartered Certified Accountants' Report | 2 |
Abbreviated Balance Sheet | 3 |
Notes to the Abbreviated Accounts | 5 |
CAMWEAVERS LIMITED |
COMPANY INFORMATION |
FOR THE YEAR ENDED 30 APRIL 2015 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Certified Accountants |
CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS |
ON THE UNAUDITED FINANCIAL STATEMENTS OF |
CAMWEAVERS LIMITED |
The following reproduces the text of the report prepared for the directors in respect of the company's annual |
unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages three to six) |
have been prepared. |
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the |
financial statements of Camweavers Limited for the year ended 30 April 2015 which comprise the Profit and Loss |
Account, the Balance Sheet, and the related notes from the company's accounting records and from information and |
explanations you have given us. |
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://rulebook.accaglobal.com. |
This report is made solely to the Board of Directors of Camweavers Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Camweavers Limited and state those matters that we have agreed to state to the Board of Directors of Camweavers Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report. |
It is your duty to ensure that Camweavers Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Camweavers Limited. You consider that Camweavers Limited is exempt from the statutory audit requirement for the year. |
We have not been instructed to carry out an audit or a review of the financial statements of Camweavers Limited. For |
this reason, we have not verified the accuracy or completeness of the accounting records or information and |
explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements. |
Chartered Certified Accountants |
3 December 2015 |
CAMWEAVERS LIMITED (REGISTERED NUMBER: 00556167) |
ABBREVIATED BALANCE SHEET |
30 APRIL 2015 |
2015 | 2014 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Investments | 2 |
CURRENT ASSETS |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital | 3 |
Profit and loss account |
SHAREHOLDERS' FUNDS |
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. |
CAMWEAVERS LIMITED (REGISTERED NUMBER: 00556167) |
ABBREVIATED BALANCE SHEET - continued |
30 APRIL 2015 |
The financial statements were approved by the Board of Directors on by: |
CAMWEAVERS LIMITED (REGISTERED NUMBER: 00556167) |
NOTES TO THE ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 30 APRIL 2015 |
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 comprises the value of goods and services supplied by the company, net of Value Added Tax and |
trade discounts. |
2. | FIXED ASSET INVESTMENTS |
Investments |
other |
than |
loans |
£ |
COST |
At 1 May 2014 |
and 30 April 2015 | 82,200 |
NET BOOK VALUE |
At 30 April 2015 |
At 30 April 2014 |
The company's investments at the Balance Sheet date in the share capital of companies include the following: |
Nature of business: |
% |
Class of shares: | holding |
Ordinary | 100.00 |
£ | £ |
Aggregate capital and reserves | 139,174 | 105,794 |
Profit for the year | 33,380 | 14,543 |
Newmarket Garden Machinery Services Limited is registered in England and is a wholly owned subsidiary. |
The two ordinary shares of £1 each were purchased for £82,200 on 15 April 1991. |
CAMWEAVERS LIMITED (REGISTERED NUMBER: 00556167) |
NOTES TO THE ABBREVIATED ACCOUNTS - continued |
FOR THE YEAR ENDED 30 APRIL 2015 |
3. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2015 | 2014 |
value: | £ | £ |
Ordinary | £1 |
4. | RELATED PARTY DISCLOSURES |
During the year purchases were made of £840,000 (2014 £800,000) from V A Pedley Limited. V A Pedley |
Limited is under the control of Mr and Mrs Pedley who are directors and shareholders of Camweavers Limited. |
The purchases were at normal price and on normal business terms. At the balance sheet date £240,975 was |
outstanding to V A Pedley Limited (2014 £235,755). |
The company has a wholly owned subsidiary, Newmarket Garden Machinery Services Limited. Amounts are |
lent to this company from time to time. At the balance sheet date the company was owed £43,203 loans and on |
the inter-company account (2014 £83,203). |
During the year dividends totalling £80,000 (2014 £80,000) were paid to Mr and Mrs J E Pedley directors of |
the company. |
5. | ULTIMATE CONTROLLING PARTY |
The controlling party is company. |