Company Registration No. 00476134 (England and Wales)
COOPER & LEATHERBARROW LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2015
COOPER & LEATHERBARROW LIMITED
CONTENTS
Page
Abbreviated balance sheet
1 - 2
Notes to the abbreviated accounts
3 - 4
COOPER & LEATHERBARROW LIMITED
ABBREVIATED BALANCE SHEET
AS AT
31 MARCH 2015
31 March 2015
- 1 -
2015
2014
Notes
£
£
£
£
Fixed assets
Intangible assets
2
13,584
3,167
Tangible assets
2
134,326
108,197
147,910
111,364
Current assets
Stocks
65,937
52,629
Debtors
57,100
46,290
Cash at bank and in hand
395,563
473,695
518,600
572,614
Creditors: amounts falling due within one year
(114,233)
(106,579)
Net current assets
404,367
466,035
Total assets less current liabilities
552,277
577,399
Provisions for liabilities
(8,925)
(12,755)
543,352
564,644
Capital and reserves
Called up share capital
3
2,165
2,165
Profit and loss account
541,187
562,479
Shareholders' funds
543,352
564,644
COOPER & LEATHERBARROW LIMITED
ABBREVIATED BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2015
31 March 2015
- 2 -
For the financial year ended 31 March 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 23 July 2015
E Leatherbarrow
Director
Company Registration No. 00476134
COOPER & LEATHERBARROW LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2015
- 3 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
1.2
Turnover
Turnover represents amounts receivable for goods and services net of value added tax.
1.3
Goodwill
Acquired goodwill is written off over its estimated useful economic life of three years.
1.4
Tangible fixed assets and depreciation
Tangible fixed assets other than freehold land are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Land and buildings
- 4% straight line
Fixtures and equipment
- 25% reducing balance
Motor vehicles
- 25% reducing balance
1.5
Leasing
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
1.6
Stock
Stock is valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
1.7
Pensions
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are charged to the profit and loss account in the year they are payable.
1.8
Deferred taxation
Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.
COOPER & LEATHERBARROW LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2015
- 4 -
2
Fixed assets
Intangible assets
Tangible assets
Total
£
£
£
Cost
At 1 April 2014
4,750
369,976
374,726
Additions
15,000
52,375
67,375
At 31 March 2015
19,750
422,351
442,101
Depreciation
At 1 April 2014
1,583
261,779
263,362
Charge for the year
4,583
26,246
30,829
At 31 March 2015
6,166
288,025
294,191
Net book value
At 31 March 2015
13,584
134,326
147,910
At 31 March 2014
3,167
108,197
111,364
3
Share capital
2015
2014
£
£
Allotted, called up and fully paid
2,165 Ordinary of £1 each
2,165
2,165
2015-03-312014-04-01falsetruetruetruetruetruetmpDFF0.html2015-08-19004761342014-04-012015-03-31004761342015-03-31004761342014-03-3100476134uk-bus:Director22014-04-012015-03-3100476134uk-gaap:LandBuildings2014-04-012015-03-3100476134uk-gaap:FixturesFittingsToolsEquipment2014-04-012015-03-3100476134uk-gaap:MotorVehicles2014-04-012015-03-31004761342014-03-3100476134uk-bus:OrdinaryShareClass12014-04-012015-03-3100476134uk-bus:OrdinaryShareClass12015-03-3100476134uk-bus:OrdinaryShareClass12014-03-31xbrli:purexbrli:sharesiso4217:GBP
