Cox T Sot Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 04009790 (England and Wales)

Cox T Sot Limited

Abbreviated Unaudited Accounts

for the Year Ended

30 June 2016

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

T J Cox

C L Cox

SECRETARY:

C L Cox

REGISTERED OFFICE:

8 Hopper Way

Diss Business Park

Diss

Norfolk

IP22 4GT

REGISTERED NUMBER:

04009790 (England and Wales)

ACCOUNTANTS:

Haines Watts

Chartered Accountants

Bridge House

16 Bridge Street

Thetford

Norfolk

IP24 3AA

FIXED ASSETS

Tangible assets

2

4,908

6,362

CURRENT ASSETS

Stocks

59,500

55,250

Debtors

84,322

86,627

Cash at bank and in hand

11,638

5,989

155,460

147,866

CREDITORS

Amounts falling due within one year

(79,606

)

(73,470

)

NET CURRENT ASSETS

75,854

74,396

TOTAL ASSETS LESS CURRENT LIABILITIES

80,762

80,758

PROVISIONS FOR LIABILITIES

(934

)

(1,215

)

NET ASSETS

79,828

79,543

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

79,728

79,443

SHAREHOLDERS' FUNDS

79,828

79,543

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 9 March 2017 and were signed on its behalf by:

T J Cox - 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

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

20% - 33%

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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2015

and 30 June 2016

28,101

DEPRECIATION

At 1 July 2015

21,739

Charge for year

1,454

At 30 June 2016

23,193

NET BOOK VALUE

At 30 June 2016

4,908

At 30 June 2015

6,362

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

100

Ordinary

1

100

100