Accounts filed on 30-09-2016

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			Company registration number:07374917
		COPIER AND TECHNOLOGY RECYCLING LTD
			ABBREVIATED FINANCIAL STATEMENTS
			FOR THE YEAR ENDED 30 September 2016

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COPIER AND TECHNOLOGY RECYCLING LTD
BALANCE SHEET
AS AT 30 September 2016
			2016				2015
		Notes	£		£		£		£
FIXED ASSETS
Tangible assets		2			1,491				1,805
					1,491				1,805
CURRENT ASSETS
Stocks			16,785				14,905
Debtors			7,673				35,735
Cash at bank and in hand			26,604				4,579
			51,062				55,219
CREDITORS
Amounts falling due within one year			(40,788)				(56,409)
NET CURRENT ASSETS					10,274				(1,190)
TOTAL ASSETS LESS
CURRENT LIABILITIES					11,765				615
NET ASSETS					11,765				615
CAPITAL AND RESERVES
Called-up equity share capital		3			10				10
Profit and loss account					11,755				605
SHAREHOLDERS FUNDS					11,765				615
For the year ending 30 September 2016 the company was entitled to exemptio under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of the accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
..........................................................................
ASW Robertson
1 November 2016
The annexed notes form part of these financial statements.

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COPIER AND TECHNOLOGY RECYCLING LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2016

1.

Accounting policies

Basis of preparing the financial statements

The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective January 2015).

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Fixed assets

Tangible fixed assets are stated at cost less depreciation. Depreciation i provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Fixtures and Fittings - 25 % reducing balance basis

Motor Vehicles - 25% reducing balance basis

Stocks and work In progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

2.	Tangible fixed assets
				Total
	Cost
	At start of period			6,430
	Additions			183
	At end of period			6,613
	Depreciation
	At start of period			4,625
	Provided during the period			497
	At end of period			5,122
	Net Book Value
	At start of period			1,805
	At end of period			1,491

3.	Share capital				Allotted, issued and fully paid
					2016	2015
					£	£
	Ordinary shares of £1 each				10	10
	Total issued share capital				10	10
4.	Transactions with directors
	During the year, dividends totalling £8,220 were paid to the director.
5.	Ultimate controlling party
	In the opinion of the Director Mr ASW Robertson who holds 60% of the issued shares is the company's ultimate controller.