Coba Resourcing Ltd - Limited company - abbreviated - 11.6
Coba Resourcing Ltd - Limited company - abbreviated - 11.6
| REGISTERED NUMBER: |
| Abbreviated Accounts for the Year Ended 31 July 2014 |
| for |
| Coba Resourcing Ltd |
| Coba Resourcing Ltd (Registered number: 03436482) |
| Contents of the Abbreviated Accounts |
| for the Year Ended 31 July 2014 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| Chartered Accountants' Report | 7 |
| Coba Resourcing Ltd |
| Company Information |
| for the Year Ended 31 July 2014 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Coba Resourcing Ltd (Registered number: 03436482) |
| Abbreviated Balance Sheet |
| 31 July 2014 |
| 31.7.14 | 31.7.13 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| Investments | 3 |
| CURRENT ASSETS |
| Debtors |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 4 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
4 |
( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 5 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| The director acknowledges his 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. |
| Coba Resourcing Ltd (Registered number: 03436482) |
| Abbreviated Balance Sheet - continued |
| 31 July 2014 |
| The financial statements were approved by the director on |
| Coba Resourcing Ltd (Registered number: 03436482) |
| Notes to the Abbreviated Accounts |
| for the Year Ended 31 July 2014 |
| 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 April 2008). |
| Preparation of consolidated financial statements |
| The financial statements contain information about Coba Resourcing Ltd as an individual company and do not |
| contain consolidated financial information as the parent of a group. The company has taken the option under |
| Section 398 of the Companies Act 2006 not to prepare consolidated financial statements. |
| Turnover |
| Turnover represents net invoiced sales of goods, excluding value added tax. |
| Tangible fixed assets |
| Plant and machinery | - |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
| sheet date. |
| Foreign currencies |
| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the |
| balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at |
| the date of transaction. Exchange differences are taken into account in arriving at the operating result. |
| Hire purchase and leasing commitments |
| Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held |
| under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases |
| are depreciated over their estimated useful lives or the lease term, whichever is the shorter. |
| The interest element of these obligations is charged to the profit and loss account over the relevant period. The |
| capital element of the future payments is treated as a liability. |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 August 2013 |
| Additions |
| At 31 July 2014 |
| DEPRECIATION |
| At 1 August 2013 |
| Charge for year |
| At 31 July 2014 |
| NET BOOK VALUE |
| At 31 July 2014 |
| At 31 July 2013 |
| Coba Resourcing Ltd (Registered number: 03436482) |
| Notes to the Abbreviated Accounts - continued |
| for the Year Ended 31 July 2014 |
| 3. | FIXED ASSET INVESTMENTS |
| Investments |
| other |
| than |
| loans |
| £ |
| COST |
| At 1 August 2013 |
| and 31 July 2014 | 9,110 |
| NET BOOK VALUE |
| At 31 July 2014 |
| At 31 July 2013 |
| The company's investments at the balance sheet date in the share capital of companies include the following: |
| Country of incorporation: Switzerland |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary | 99.99 |
| £ | £ |
| Aggregate capital and reserves | 77,700 | 79,148 |
| (Loss)/profit for the year | (1,448 | ) | 916 |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary | 87.25 |
| £ | £ |
| Aggregate capital and reserves | 11,349 | 4,552 |
| Profit/(loss) for the year | 6,797 | (22,860 | ) |
| 4. | CREDITORS |
| Creditors include an amount of £ |
| 5. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31.7.14 | 31.7.13 |
| value: | £ | £ |
| Ordinary | 1p |
| Coba Resourcing Ltd (Registered number: 03436482) |
| Notes to the Abbreviated Accounts - continued |
| for the Year Ended 31 July 2014 |
| 6. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to a director subsisted during the years ended 31 July 2014 and |
| 31 July 2013: |
| 31.7.14 | 31.7.13 |
| £ | £ |
| Balance outstanding at start of year | ( |
) |
| Amounts advanced |
| Amounts repaid | ( |
) | ( |
) |
| Balance outstanding at end of year | ( |
) |
| Chartered Accountants' Report to the Director |
| on the Unaudited Financial Statements of |
| Coba Resourcing Ltd |
| The following reproduces the text of the report prepared for the director in respect of the company's annual |
| unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to six) have |
| been prepared. |
| In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the |
| financial statements of Coba Resourcing Ltd for the year ended 31 July 2014 which comprise the Profit and Loss |
| Account, the Balance Sheet and the related notes from the company's accounting records and from information and |
| explanations you have given us. |
| As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject |
| to its ethical and other professional requirements which are detailed at icaew.com/membershandbook. |
| This report is made solely to the director of Coba Resourcing Ltd in accordance with our terms of engagement. Our |
| work has been undertaken solely to prepare for your approval the financial statements of Coba Resourcing Ltd and state |
| those matters that we have agreed to state to the director of Coba Resourcing Ltd in this report in accordance with AAF |
| 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume |
| responsibility to anyone other than the company and its director for our work or for this report. |
| It is your duty to ensure that Coba Resourcing Ltd has kept adequate accounting records and to prepare statutory |
| financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Coba |
| Resourcing Ltd. You consider that Coba Resourcing Ltd is exempt from the statutory audit requirement for the year. |
| We have not been instructed to carry out an audit or a review of the financial statements of Coba Resourcing Ltd. For |
| this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations |
| you have given to us and we do not, therefore, express any opinion on the statutory financial statements. |
| 21 November 2014 |