Coatesbourne Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 03894831 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2018

for

Coatesbourne Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr T M V Armitstead

SECRETARY:

Mr T M V Armitstead

REGISTERED OFFICE:

28 Lion Meadow

Steeple Bumpstead

Haverhill

Suffolk

CB9 7BY

REGISTERED NUMBER:

03894831 (England and Wales)

ACCOUNTANTS:

Lindley Adams Limited Chartered Accountants

28 Prescott Street

Halifax

West Yorkshire

HX1 2LG

FIXED ASSETS

Investment property

3

-

114,556

CURRENT ASSETS

Cash at bank

208

-

CREDITORS

Amounts falling due within one year

4

192,013

299,349

NET CURRENT LIABILITIES

(191,805

)

(299,349

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(191,805

)

(184,793

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(191,905

)

(184,893

)

SHAREHOLDERS' FUNDS

(191,805

)

(184,793

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2018 in accordance with Section 476 of the Companies Act 2006.

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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 27 September 2019 and were signed by:

Mr T M V Armitstead - Director

1.	STATUTORY INFORMATION

Coatesbourne Limited is a private company, limited by shares , registered in England and Wales. The

company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in

fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to

the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws

that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal

of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they

will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Foreign currencies

The company undertakes its day to day activities in Euro's, the company's functional currency, being the

prevailing currency in France. However the director has prepared the financial statements in sterling, the

company's presentational currency.

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.

3.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2018

114,556

Disposals

(114,556

)

At 31 December 2018

-

NET BOOK VALUE

At 31 December 2018

-

At 31 December 2017

114,556

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.18

31.12.17

£

£

Bank loans and overdrafts

-

143

Other creditors

192,013

299,206

192,013

299,349

5.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year the company continued to benefit from loans provided by the directors. These loans are interest

free and repayable on demand. At the balance sheet date the total amount outstanding to the directors

amounted to £191,725 (2017 - £299,206)