Abbreviated Company Accounts - CORBIERE PRIVATE OFFICE LIMITED

CORBIERE PRIVATE OFFICE LIMITED - Company Information

05393387 CORBIERE PRIVATE OFFICE LIMITED 2014-12-31 false 2014-01-01 2014-12-31 true 05393387 2014-01-01 2014-12-31 05393387 2014-12-31 05393387 2013-12-31 05393387 uk-gaap-cd-bus:Director1 2014-01-01 2014-12-31 05393387 uk-gaap-cd-bus:Director2 2014-01-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-01-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-31 iso4217:USD shares

Registered Number 05393387

CORBIERE PRIVATE OFFICE LIMITED

Abbreviated Accounts

31 December 2014

CORBIERE PRIVATE OFFICE LIMITED Registered Number 05393387

Abbreviated Balance Sheet as at 31 December 2014

	Notes	2014	2013
		$	$
Fixed assets
Tangible assets	2	6,139	6,504
		6,139	6,504
Current assets
Debtors		911,383	634,889
Cash at bank and in hand		2,185,191	920,112
		3,096,574	1,555,001
Creditors: amounts falling due within one year		(152,930)	(151,619)
Net current assets (liabilities)		2,943,644	1,403,382
Total assets less current liabilities		2,949,783	1,409,886
Creditors: amounts falling due after more than one year		(1,763,400)	(235,704)
Total net assets (liabilities)		1,186,383	1,174,182
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		1,186,381	1,174,180
Shareholders' funds		1,186,383	1,174,182

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 30 September 2015

And signed on their behalf by:
Saffery Limited, Director
Champness Limited, Director

CORBIERE PRIVATE OFFICE LIMITED Registered Number 05393387

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 fee income for services provided to Corbiere Trust Company Limited as Trustee of The Corbiere Trust.

Tangible assets depreciation policy
The depreciation on the office equipment is calculated using the straight line method at 25%.

Other accounting policies
Foreign currency translation
Assets, liabilities, revenues and costs expressed in foreign currencies are translated into US Dollars at rates of exchange ruling on the date on which transactions occur, except for:

(i) monetary assets and liabilities which are translated at the rate ruling at the balance sheet date (other than those in (ii) below); and
(ii) transactions to be settled at a contracted rate and trading transactions covered by a related or matching forward contract which are translated at those contracted rates.

Differences arising on the translation of such items are dealt with in the profit and loss account.

2Tangible fixed assets

	$
Cost
At 1 January 2014	73,886
Additions	3,084
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2014	76,970
Depreciation
At 1 January 2014	67,382
Charge for the year	3,449
On disposals	-
At 31 December 2014	70,831
Net book values
At 31 December 2014	6,139
At 31 December 2013	6,504

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 $	2013 $
1 Ordinary shares of $2 each	2	2

The shares are Ordinary shares of £1.00 each.