Coldbeck Ravenstonedale Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 07556322 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2016

FOR

COLDBECK RAVENSTONEDALE LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mr C Metcalfe-Gibson

Mr A Metcalfe-Gibson

Mrs M E van Rees

Mrs C J Vale

REGISTERED OFFICE:

2 Jordan Street

Knott Mill

Manchester

Greater Manchester

M15 4PY

REGISTERED NUMBER:

07556322 (England and Wales)

ACCOUNTANTS:

Christian Douglass LLP

Chartered Accountants

2 Jordan Street

Knott Mill

Manchester

M15 4PY

BANKERS:

Barclays Bank Plc

Market Square

Penrith

Cumbria

CA11 7YB

FIXED ASSETS

Tangible assets

2

59,367

70,665

CURRENT ASSETS

Stocks

8,480

7,838

Debtors

13,977

3,494

Cash at bank and in hand

72,640

40,813

95,097

52,145

CREDITORS

Amounts falling due within one year

66,489

56,594

NET CURRENT ASSETS/(LIABILITIES)

28,608

(4,449

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

87,975

66,216

PROVISIONS FOR LIABILITIES

9,476

11,190

NET ASSETS

78,499

55,026

CAPITAL AND RESERVES

Called up share capital

3

4

Profit and loss account

78,495

55,022

SHAREHOLDERS' FUNDS

78,499

55,026

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 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 Board of Directors on 6 December 2016 and were signed on its behalf
by:

Mr C Metcalfe-Gibson - Director

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 January 2015).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

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

-

10% 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.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

113,790

Additions

190

Disposals

(100

)

At 31 March 2016

113,880

DEPRECIATION

At 1 April 2015

43,125

Charge for year

11,388

At 31 March 2016

54,513

NET BOOK VALUE

At 31 March 2016

59,367

At 31 March 2015

70,665

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

4

Ordinary

£1

4