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REGISTERED NUMBER: 04395660 (England and Wales)















CLASSIC DISPENSE EQUIPMENT LIMITED

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2015





CLASSIC DISPENSE EQUIPMENT LIMITED (REGISTERED NUMBER: 04395660)

CONTENTS OF THE ABBREVIATED ACCOUNTS
for the Year Ended 31 March 2015










Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

Chartered Accountants' Report 6
CLASSIC DISPENSE EQUIPMENT LIMITED

COMPANY INFORMATION
for the Year Ended 31 March 2015







DIRECTORS: M Bailey
P Bailey
C Burns





SECRETARY: M Bailey





REGISTERED OFFICE: Lincoln Works
Lincoln Street
Wolverhampton
West Midlands
WV10 0DX





REGISTERED NUMBER: 04395660 (England and Wales)





ACCOUNTANTS: Lancaster Haskins Limited
Granville House
2 Tettenhall Road
Wolverhampton
West Midlands
WV1 4SB
CLASSIC DISPENSE EQUIPMENT LIMITED (REGISTERED NUMBER: 04395660)

ABBREVIATED BALANCE SHEET
31 March 2015

Notes £    £   
FIXED ASSETS
Tangible assets 2 174,057

CURRENT ASSETS
Stocks 55,000
Debtors 189,919
Cash in hand 96
245,015
CREDITORS
Amounts falling due within one year 178,139
NET CURRENT ASSETS 66,876
TOTAL ASSETS LESS CURRENT
LIABILITIES

240,933

CREDITORS
Amounts falling due after more than one
year

(57,323
)

PROVISIONS FOR LIABILITIES (19,699 )
NET ASSETS 163,911

CAPITAL AND RESERVES
Called up share capital 3 200
Revaluation reserve 37,278
Profit and loss account 126,433
SHAREHOLDERS' FUNDS 163,911

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 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.
CLASSIC DISPENSE EQUIPMENT LIMITED (REGISTERED NUMBER: 04395660)

ABBREVIATED BALANCE SHEET - continued
31 March 2015


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 22 December 2015 and were signed on its behalf
by:





P Bailey - Director

CLASSIC DISPENSE EQUIPMENT LIMITED (REGISTERED NUMBER: 04395660)

NOTES TO THE ABBREVIATED ACCOUNTS
for the Year Ended 31 March 2015


1. ACCOUNTING POLICIES

Accounting convention
The financial statements have been prepared under the historical cost convention as modified by the revaluation
of certain assets and in accordance with the Financial Reporting Standard for Smaller Entities (effective April
2008).

Turnover
Turnover is recognised when the goods are physically delivered to the customer, exclusive of VAT.

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

Motor Vehicles - 25% on reducing balance
Plant and machinery - 10% on reducing balance
Tooling - 10% on cost / 10% on reducing balance
Design - 25% on reducing balance
Office equipment - 10% on reducing balance & 25% on cost

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.

2. TANGIBLE FIXED ASSETS
Total
£   
COST OR VALUATION
At 1 April 2014 252,754
Additions 61,407
At 31 March 2015 314,161
DEPRECIATION
At 1 April 2014 111,649
Charge for year 28,455
At 31 March 2015 140,104
NET BOOK VALUE
At 31 March 2015 174,057
At 31 March 2014 141,105
CLASSIC DISPENSE EQUIPMENT LIMITED (REGISTERED NUMBER: 04395660)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
for the Year Ended 31 March 2015


3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
100 Ordinary £2 200

95 Ordinary shares of £2 each were allotted and fully paid for cash at par during the year.
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
CLASSIC DISPENSE EQUIPMENT 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 two to five)
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 Classic Dispense Equipment Limited for the year ended 31 March 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 Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Classic Dispense Equipment 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 Classic Dispense Equipment Limited and state those matters that we have agreed to state to the Board of Directors of Classic Dispense Equipment Limited, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. 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 Classic Dispense Equipment 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 Classic Dispense Equipment Limited. You consider that Classic Dispense Equipment 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 Classic Dispense Equipment
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.






Lancaster Haskins Limited
Granville House
2 Tettenhall Road
Wolverhampton
West Midlands
WV1 4SB


Date: .............................................

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