Abbreviated Company Accounts - COXBRIDGE LIMITED

03336490 COXBRIDGE LIMITED 2015-03-31 false 2014-04-01 2015-03-31 true 03336490 2014-04-01 2015-03-31 03336490 2015-03-31 03336490 2014-03-31 03336490 uk-gaap-cd-bus:Director1 2014-04-01 2015-03-31 03336490 uk-gaap-cd-bus:Director2 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 iso4217:GBP shares

Registered Number 03336490

COXBRIDGE LIMITED

Abbreviated Accounts

31 March 2015

COXBRIDGE LIMITED Registered Number 03336490

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	360,000	360,000
		360,000	360,000
Current assets
Debtors		8,962	20,846
Cash at bank and in hand		8,944	686
		17,906	21,532
Creditors: amounts falling due within one year		(52,819)	(56,497)
Net current assets (liabilities)		(34,913)	(34,965)
Total assets less current liabilities		325,087	325,035
Total net assets (liabilities)		325,087	325,035
Capital and reserves
Called up share capital	3	4	4
Revaluation reserve		219,010	219,010
Profit and loss account		106,073	106,021
Shareholders' funds		325,087	325,035

For the year ending 31 March 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 December 2015

And signed on their behalf by:
D J GILLIES, Director

COXBRIDGE LIMITED Registered Number 03336490

Notes to the Abbreviated Accounts for the period ended 31 March 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.
The historical cost convention has been modified to include the revaluation of freehold property

Turnover policy
Turnover comprises the gross rents due for the period under an operating lease which relates to property in the United Kingdom.

Valuation information and policy
The tangible fixed asset, which is a freehold property, is stated at valuation by the directors having taken professional advice. The surplus or deficit arising from annual revaluation is transferred to the revaluation reserve unless a deficit, or its reversal, on the investment property is expected to be permanent, in which case it is recognised in the profit and loss account for the year. This is in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008) which, unlike the Companies Act 2006, does not require depreciation of investment properties. Investment properties are held for their investment potential and not for use by the company and so their current value is of prime importance. The departure from the provisions of the Act is required in order to give a true and fair view.

2Tangible fixed assets

	£
Cost
At 1 April 2014	360,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	360,000
Depreciation
At 1 April 2014	-
Charge for the year	-
On disposals	-
At 31 March 2015	-
Net book values
At 31 March 2015	360,000
At 31 March 2014	360,000

The tangible fixed asset, which is a freehold property, is stated at valuation by the directors having taken professional advice. The opening figure comprises Cost £140,990 plus Revaluations to 31 March 2013 £219,010.
The investment property is shown at its open market value.

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

	2015 £	2014 £
4 Ordinary shares of £1 each	4	4