Colt Mackenzie Limited - Period Ending 2020-05-31

Colt Mackenzie Limited

Profit and Loss Account for the Year Ended 31 May 2020

The company has not traded during the year. During this year, the company received no income and incurred no expenditure and therefore made neither profit nor loss.

Colt Mackenzie Limited

(Registration number: 04758578)
Balance Sheet as at 31 May 2020

	Note	2020 £	2019 £
Creditors: Amounts falling due within one year	3	(2,454)	(2,454)
Capital and reserves
Called up share capital	4	2	2
Profit and loss account		(2,456)	(2,456)
Shareholders' deficit		(2,454)	(2,454)

For the financial year ending 31 May 2020 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his 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 and authorised by the director on 28 April 2021
 

.........................................

J A R Wood
Company secretary and director

Colt Mackenzie Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2020

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
31A Charnham Street
Hungerford
Berkshire
RG17 0EJ
United Kingdom

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Creditors

	2020 £	2019 £
Due within one year
Other payables	2,454	2,454

4	Share capital

Allotted, called up and fully paid shares

	2020		2019
	No.	£	No.	£
Ordinary shares of £1 each	2	2	2	2

Colt Mackenzie Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2020

5	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 0 (2019 - 0).