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REGISTERED NUMBER: 00207032 (England and Wales)














DAVIS CASH & COMPANY LIMITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 OCTOBER 2016






DAVIS CASH & COMPANY LIMITED (REGISTERED NUMBER: 00207032)






CONTENTS OF THE ABBREVIATED ACCOUNTS
for the Year Ended 31 OCTOBER 2016




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

DAVIS CASH & COMPANY LIMITED

COMPANY INFORMATION
for the Year Ended 31 OCTOBER 2016







DIRECTOR: P W Dayton





SECRETARY: Mrs E Love





REGISTERED OFFICE: Metalcraft Works
Alexandra Road
Ponders End
Middlesex
EN3 7EN





REGISTERED NUMBER: 00207032 (England and Wales)





ACCOUNTANTS: Brindley Jacob
Chartered Accountants
167 Turners Hill
Cheshunt
Hertfordshire
EN8 9BH

DAVIS CASH & COMPANY LIMITED (REGISTERED NUMBER: 00207032)

ABBREVIATED BALANCE SHEET
31 OCTOBER 2016

31.10.16 31.10.15
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 329,384 372,654

CURRENT ASSETS
Stocks 59,990 59,661
Debtors 410,593 306,380
Cash at bank and in hand 222,524 277,774
693,107 643,815
CREDITORS
Amounts falling due within one year 195,591 359,483
NET CURRENT ASSETS 497,516 284,332
TOTAL ASSETS LESS CURRENT
LIABILITIES

826,900

656,986

CREDITORS
Amounts falling due after more than one
year

62,400

28,267
NET ASSETS 764,500 628,719

CAPITAL AND RESERVES
Called up share capital 3 11,954 11,954
Other reserves 22,753 22,753
Profit and loss account 729,793 594,012
SHAREHOLDERS' FUNDS 764,500 628,719

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

DAVIS CASH & COMPANY LIMITED (REGISTERED NUMBER: 00207032)

ABBREVIATED BALANCE SHEET - continued
31 OCTOBER 2016


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 director on 10 May 2017 and were signed by:





P W Dayton - Director


DAVIS CASH & COMPANY LIMITED (REGISTERED NUMBER: 00207032)

NOTES TO THE ABBREVIATED ACCOUNTS
for the Year Ended 31 OCTOBER 2016

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 January 2015).

Turnover
Turnover represents net invoiced sales of goods, excluding value added tax.

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

Land and buildings - Straight line over the life of the lease
Plant and machinery etc - 20% on reducing balance, 12% on reducing balance and at variable rates 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the
period of the lease.

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. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 November 2015 918,577
Additions 14,268
Disposals (89,000 )
At 31 October 2016 843,845
DEPRECIATION
At 1 November 2015 545,923
Charge for year 47,030
Eliminated on disposal (78,492 )
At 31 October 2016 514,461
NET BOOK VALUE
At 31 October 2016 329,384
At 31 October 2015 372,654

DAVIS CASH & COMPANY LIMITED (REGISTERED NUMBER: 00207032)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
for the Year Ended 31 OCTOBER 2016

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.10.16 31.10.15
value: £    £   
11,954 Ordinary £1 11,954 11,954