Abbreviated Company Accounts - COMPETITIVE OPTIONS LIMITED

Abbreviated Company Accounts - COMPETITIVE OPTIONS LIMITED

COMPETITIVE OPTIONS LIMITED - Company Information

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Registered Number 04828348

COMPETITIVE OPTIONS LIMITED

Abbreviated Accounts

31 July 2016

COMPETITIVE OPTIONS LIMITED Registered Number 04828348

Abbreviated Balance Sheet as at 31 July 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 6,539 6,861
6,539 6,861
Current assets
Debtors 20,040 19,200
Cash at bank and in hand 4,596 4,562
24,636 23,762
Creditors: amounts falling due within one year (17,179) (8,487)
Net current assets (liabilities) 7,457 15,275
Total assets less current liabilities 13,996 22,136
Total net assets (liabilities) 13,996 22,136
Capital and reserves
Called up share capital 2 2
Profit and loss account 13,994 22,134
Shareholders' funds 13,996 22,136
  • For the year ending 31 July 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 24 March 2017

And signed on their behalf by:
D Nisbet, Director

COMPETITIVE OPTIONS LIMITED Registered Number 04828348

Notes to the Abbreviated Accounts for the period ended 31 July 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 2008.

2Tangible fixed assets
£
Cost
At 1 August 2015 23,972
Additions 1,858
Disposals -
Revaluations -
Transfers -
At 31 July 2016 25,830
Depreciation
At 1 August 2015 17,111
Charge for the year 2,180
On disposals -
At 31 July 2016 19,291
Net book values
At 31 July 2016 6,539
At 31 July 2015 6,861