Colins Glass and Glazing Limited - Limited company - abbreviated - 11.9

Colins Glass and Glazing Limited - Limited company - abbreviated - 11.9

COLIN'S GLASS AND GLAZING LIMITED - Company Information

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REGISTERED NUMBER: 05786379 (England and Wales)















Abbreviated Unaudited Accounts

for the Year Ended 30th June 2015

for

COLINS GLASS AND GLAZING
LIMITED

COLINS GLASS AND GLAZING
LIMITED (REGISTERED NUMBER: 05786379)

Contents of the Abbreviated Accounts
for the year ended 30th June 2015










Page

Company Information 1

Chartered Accountants' Report 2

Abbreviated Balance Sheet 3

Notes to the Abbreviated Accounts 5

COLINS GLASS AND GLAZING
LIMITED

Company Information
for the year ended 30th June 2015







DIRECTOR: Mr P Cardy





SECRETARY: Mrs M Cardy





REGISTERED OFFICE: Monometer House
Rectory Grove
Leigh on Sea
Essex
SS9 2HN





REGISTERED NUMBER: 05786379 (England and Wales)





ACCOUNTANTS: Barrons
Chartered Accountants
Monometer House
Rectory Grove
Leigh on Sea
Essex
SS9 2HN
Page 1
Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Colins Glass and Glazing
Limited


The following reproduces the text of the report prepared for the director 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 Colins Glass and Glazing Limited for the year ended 30th June 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 director of Colins Glass and Glazing Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Colins Glass and Glazing Limited and state those matters that we have agreed to state to the director of Colins Glass and Glazing Limited 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 director for our work or for this report.

It is your duty to ensure that Colins Glass and Glazing 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 Colins Glass and Glazing Limited. You consider that Colins Glass and Glazing 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 Colins Glass and Glazing
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.






Barrons
Chartered Accountants
Monometer House
Rectory Grove
Leigh on Sea
Essex
SS9 2HN


21st March 2016

This page does not form part of the abbreviated accounts

Page 2
COLINS GLASS AND GLAZING
LIMITED (REGISTERED NUMBER: 05786379)

Abbreviated Balance Sheet
30th June 2015

2015 2014
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 24,750 27,000
Tangible assets 3 667 5,269
25,417 32,269

CURRENT ASSETS
Stocks 760 795
Debtors 5,734 5,764
Cash at bank and in hand 48,072 50,954
54,566 57,513
CREDITORS
Amounts falling due within one year 4 64,967 71,943
NET CURRENT LIABILITIES (10,401 ) (14,430 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
15,016
17,839

CREDITORS
Amounts falling due after more than one
year
4
-
(775		 )

PROVISIONS FOR LIABILITIES - (881 )
NET ASSETS 15,016 16,183

CAPITAL AND RESERVES
Called up share capital 5 200 200
Profit and loss account 14,816 15,983
SHAREHOLDERS' FUNDS 15,016 16,183

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th June 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 2015 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.

The notes form part of these abbreviated accounts

Page 3 continued...
COLINS GLASS AND GLAZING
LIMITED (REGISTERED NUMBER: 05786379)

Abbreviated Balance Sheet - continued
30th June 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 director on 21st March 2016 and were signed by:





Mr P Cardy - Director


The notes form part of these abbreviated accounts

Page 4
COLINS GLASS AND GLAZING
LIMITED (REGISTERED NUMBER: 05786379)

Notes to the Abbreviated Accounts
for the year ended 30th June 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 represents net sales of goods and services for the year, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2006, is being amortised evenly over its estimated useful life of twenty 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 - 25% on cost and 15% 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.

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.

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1st July 2014
and 30th June 2015 45,000
AMORTISATION
At 1st July 2014 18,000
Amortisation for year 2,250
At 30th June 2015 20,250
NET BOOK VALUE

At 30th June 2015 24,750
At 30th June 2014 27,000

Page 5 continued...
COLINS GLASS AND GLAZING
LIMITED (REGISTERED NUMBER: 05786379)

Notes to the Abbreviated Accounts - continued
for the year ended 30th June 2015


3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1st July 2014 25,462
Additions 324
At 30th June 2015 25,786
DEPRECIATION
At 1st July 2014 20,193
Charge for year 4,926
At 30th June 2015 25,119
NET BOOK VALUE
At 30th June 2015 667
At 30th June 2014 5,269

4. CREDITORS

Creditors include an amount of £ 774 (2014 - £ 5,226 ) for which security has been given.

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2015 2014
value: £    £   
100 Ordinary £1 100 100
100 Ordinary B £1 100 100
200 200

Page 6