Abbreviated Company Accounts - COOLING DIRECT LIMITED

Abbreviated Company Accounts - COOLING DIRECT LIMITED

COOLING DIRECT LIMITED - Company Information

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Registered Number 04956946

COOLING DIRECT LIMITED

Abbreviated Accounts

31 December 2014

COOLING DIRECT LIMITED Registered Number 04956946

Abbreviated Balance Sheet as at 31 December 2014

Notes 2014 2013
£ £
Called up share capital not paid - -
Fixed assets
Intangible assets - -
Tangible assets 2 15,769 1,815
Investments - -
15,769 1,815
Current assets
Stocks 36,024 89,476
Debtors 5,429 9,411
Investments - -
Cash at bank and in hand - 54
41,453 98,941
Creditors: amounts falling due within one year (105,215) (69,916)
Net current assets (liabilities) (63,762) 29,025
Total assets less current liabilities (47,993) 30,840
Creditors: amounts falling due after more than one year 0 (36,206)
Provisions for liabilities 0 0
Accruals and deferred income 0 0
Total net assets (liabilities) (47,993) (5,366)
Capital and reserves
Called up share capital 30,001 30,001
Share premium account 0 0
Revaluation reserve 0 0
Other reserves 0 0
Profit and loss account (77,994) (35,367)
Shareholders' funds (47,993) (5,366)
  • For the year ending 31 December 2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
  • The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The directors acknowledge their 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 by the Board on 14 September 2015

And signed on their behalf by:
Mr Iain J Lawrie, Director

COOLING DIRECT LIMITED Registered Number 04956946

Notes to the Abbreviated Accounts for the period ended 31 December 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers

Tangible assets depreciation policy
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Fixturess and Fittings 20% straight line
Plant and Machinery 20% straight line
Commercial Vehicles 20% straight line

2Tangible fixed assets
£
Cost
At 1 January 2014 50,158
Additions 19,711
Disposals 0
Revaluations 0
Transfers -
At 31 December 2014 69,869
Depreciation
At 1 January 2014 48,343
Charge for the year 5,757
On disposals -
At 31 December 2014 54,100
Net book values
At 31 December 2014 15,769
At 31 December 2013 1,815