Abbreviated Company Accounts - CARAT EUROPE LTD

07159044 CARAT EUROPE LTD 2015-02-28 false 2014-03-01 2015-02-28 true 07159044 2014-03-01 2015-02-28 07159044 2015-02-28 07159044 2014-02-28 07159044 uk-gaap-cd-bus:Director1 2014-03-01 2015-02-28 07159044 uk-gaap-cd-bus:Director2 2014-03-01 2015-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-01 2015-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2015-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2014-02-28 iso4217:GBP shares

Registered Number 07159044

CARAT EUROPE LTD

Abbreviated Accounts

28 February 2015

CARAT EUROPE LTD Registered Number 07159044

Abbreviated Balance Sheet as at 28 February 2015

	Notes	2015	2014
		£	£
Called up share capital not paid		1,000	1,000
Current assets
Debtors		2,384,567	1,962,125
Cash at bank and in hand		287,634	226,044
		2,672,201	2,188,169
Creditors: amounts falling due within one year		(2,532,644)	(2,065,446)
Net current assets (liabilities)		139,557	122,723
Total assets less current liabilities		140,557	123,723
Total net assets (liabilities)		140,557	123,723
Capital and reserves
Called up share capital	2	1,000	1,000
Profit and loss account		139,557	122,723
Shareholders' funds		140,557	123,723

For the year ending 28 February 2015 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 October 2015

And signed on their behalf by:
Thorsten Sprank, Director

CARAT EUROPE LTD Registered Number 07159044

Notes to the Abbreviated Accounts for the period ended 28 February 2015

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 the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Valuation information and policy
Transactions in foreign currencies are recorded at the rate ruling at the date fo the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the rate of exchange ruling at the balance sheet date. All differences are taken to the profit and loss account.

2Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
1,000 Ordinary shares of £1 each	1,000	1,000