Abbreviated Company Accounts - COUCHMANS DATA SERVICES LIMITED

Abbreviated Company Accounts - COUCHMANS DATA SERVICES LIMITED

Registered Number 08903631


Abbreviated Accounts

28 February 2016


Abbreviated Balance Sheet as at 28 February 2016

Notes 2016 2015
£ £
Current assets
Debtors 100 100
100 100
Creditors: amounts falling due within one year (12,757) -
Net current assets (liabilities) (12,657) 100
Total assets less current liabilities (12,657) 100
Total net assets (liabilities) (12,657) 100
Capital and reserves
Called up share capital 100 100
Profit and loss account (12,757) -
Shareholders' funds (12,657) 100
  • For the year ending 28 February 2016 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 25 November 2016

And signed on their behalf by:
N Couchman, Director


Notes to the Abbreviated Accounts for the period ended 28 February 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2015.

Other accounting policies
Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.