COONEY_ASSOCIATES_LIMITED - Accounts


Company Registration No. 06473559 (England and Wales)
COONEY ASSOCIATES LIMITED
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 JANUARY 2016
COONEY ASSOCIATES LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
COONEY ASSOCIATES LIMITED
ABBREVIATED BALANCE SHEET
AS AT
31 JANUARY 2016
31 January 2016
- 1 -
2016
2015
Notes
£
£
£
£
Fixed assets
Tangible assets
2
461
432
Current assets
Debtors
15,023
12,744
Investments
120,659
81,066
Cash at bank and in hand
106,200
85,806
241,882
179,616
Creditors: amounts falling due within one year
(35,000)
(30,503)
Net current assets
206,882
149,113
Total assets less current liabilities
207,343
149,545
Capital and reserves
Called up share capital
3
1
1
Profit and loss account
207,342
149,544
Shareholders'  funds
207,343
149,545
For the financial year ended 31 January 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's 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 director acknowledges her 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 15 June 2016
Ms S Cooney
Director
Company Registration No. 06473559
COONEY ASSOCIATES LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 JANUARY 2016
- 2 -
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 January 2015).

1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.
1.4
Tangible fixed assets and depreciation
Tangible fixed assets 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:
Office equipment
25% reducing balance basis
1.5
Investments
Current asset investments are stated at the lower of cost and net realisable value.
2
Fixed assets
Tangible assets
£
Cost
At 1 February 2015
886
Additions
183
At 31 January 2016
1,069
Depreciation
At 1 February 2015
454
Charge for the year
154
At 31 January 2016
608
Net book value
At 31 January 2016
461
At 31 January 2015
432
COONEY ASSOCIATES LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2016
- 3 -
3
Share capital
2016
2015
£
£
Allotted, called up and fully paid
1Ordinary shares of £1 each
1
1
2016-01-312015-02-01falsetruetruetruetruetruetmpF818.html2016-06-24064735592015-02-012016-01-31064735592016-01-31064735592015-01-31064735592015-01-3106473559uk-bus:Director12015-02-012016-01-3106473559uk-gaap:FixturesFittingsToolsEquipment2015-02-012016-01-3106473559uk-bus:OrdinaryShareClass12015-02-012016-01-3106473559uk-bus:OrdinaryShareClass12016-01-3106473559uk-bus:OrdinaryShareClass12015-01-31xbrli:purexbrli:sharesiso4217:GBP