Cold Fusion Limited - Limited company - abbreviated

REGISTERED NUMBER: 05477114 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 June 2014

for

Cold Fusion Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

S J Jackson

A S Fisher

J A Jackson

REGISTERED OFFICE:

23 Woodbury Rise

Malvern

Worcestershire

WR14 1QZ

REGISTERED NUMBER:

05477114 (England and Wales)

ACCOUNTANTS:

Eggleston Wiley LLP

20 Anchor Terrace

3-13 Southwark Bridge Road

London

SE1 9HQ

FIXED ASSETS

Tangible assets

2

1,404

3,355

Investments

3

-

1,404

3,355

CURRENT ASSETS

Debtors

3,419

21,419

Investments

3,853

Cash at bank

107,919

83,962

115,191

109,234

CREDITORS

Amounts falling due within one year

113,262

91,992

NET CURRENT ASSETS

1,929

17,242

TOTAL ASSETS LESS CURRENT
LIABILITIES

3,333

20,597

PROVISIONS FOR LIABILITIES

264

589

NET ASSETS

3,069

20,008

CAPITAL AND RESERVES

Called up share capital

4

2

Other reserves

1

Profit and loss account

3,066

20,005

SHAREHOLDERS' FUNDS

3,069

20,008

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2014 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 13 March 2015 and were signed on its behalf by:

S J Jackson - 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 April 2008).

Turnover

Turnover represents net invoiced sales of holidays with a departure date in the year, 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.

Fixtures and fittings

-

Straight line over 4 years

Motor vehicles

-

Straight line over 4 years

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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2013

33,835

Disposals

(3,103

)

At 30 June 2014

30,732

DEPRECIATION

At 1 July 2013

30,480

Charge for year

1,951

Eliminated on disposal

(3,103

)

At 30 June 2014

29,328

NET BOOK VALUE

At 30 June 2014

1,404

At 30 June 2013

3,355

3.	FIXED ASSET INVESTMENTS

The company's investments at the balance sheet date in the share capital of companies include the following:

SARL Cold Fusion

Country of incorporation: France

Nature of business: Chalet holidays

%

Class of shares:

holding

Ordinary

100.00

30.6.14

£

Aggregate capital and reserves

40,877

Profit for the year

38,868

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.14

30.6.13

value:

£

2

Ordinary

1

2

5.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the year end, S Jackson and N Jackson both had credit balances of £44,965 (2013: £27,987) each on their

director loan accounts. The loans are interest free and repayable on demand.

Cold Fusion Limited - Limited company - abbreviated - 11.6

Cold Fusion Limited - Limited company - abbreviated - 11.6