Regent Cofid Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 06023488 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 December 2014

for

Regent Cofid Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Report of the Accountants

6

DIRECTOR:

J W Duffy

SECRETARY:

G Dwomoh

REGISTERED OFFICE:

1st Floor Victory House

99-101 Regent Street

London

W1B 4EZ

REGISTERED NUMBER:

06023488 (England and Wales)

ACCOUNTANTS:

Lextray UK Limited

1ST FLOOR VICTORY HOUSE

99-101 REGENT STREET

London

W1B 4EZ

FIXED ASSETS

Tangible assets

2

671

1,188

Investments

3

50,374

127,728

51,045

128,916

CURRENT ASSETS

Debtors

470,477

585,734

Cash at bank

70,459

12,100

540,936

597,834

CREDITORS

Amounts falling due within one year

342,455

359,541

NET CURRENT ASSETS

198,481

238,293

TOTAL ASSETS LESS CURRENT LIABILITIES

249,526

367,209

CREDITORS

Amounts falling due after more than one year

(37,093

)

(36,763

)

PROVISIONS FOR LIABILITIES

(1,500

)

(1,500

)

ACCRUALS AND DEFERRED INCOME

(136,376

)

(183,270

)

NET ASSETS

74,557

145,676

CAPITAL AND RESERVES

Called up share capital

4

30,000

30,000

Profit and loss account

44,557

115,676

SHAREHOLDERS' FUNDS

74,557

145,676

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2014 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 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 director on 21 September 2015 and were signed by:

J W Duffy - 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 goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2014

and 31 December 2014

17,114

DEPRECIATION

At 1 January 2014

15,926

Charge for year

517

At 31 December 2014

16,443

NET BOOK VALUE

At 31 December 2014

671

At 31 December 2013

1,188

3.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 January 2014

81,676

Disposals

(81,676

)

At 31 December 2014

-

NET BOOK VALUE

At 31 December 2014

-

At 31 December 2013

81,676

Loans

£

At 1 January 2014

46,052

Additions

4,322

At 31 December 2014

50,374

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.14

31.12.13

value:

£

£

30,000

Ordinary

£ 1

30,000

30,000

5.	ULTIMATE PARENT COMPANY

The ultimate parent companies are C&M Comprehensive Consulting Ltd, a company incorporated in Switzerland

and Compagnie Financiere Developpement COFID B.V.I. Ltd, a company incorporated in the British Virgin

Islands.

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 five)

have been prepared.

As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended 31 December 2014 set out on pages nil to nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Lextray UK Limited

1ST FLOOR VICTORY HOUSE

99-101 REGENT STREET

London

W1B 4EZ

21 September 2015