Cook Modelling Limited - Abbreviated accounts

COOK MODELLING LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
5 APRIL 2015

































Company Registration Number: 03656968

COOK MODELLING LIMITED

ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2015


CONTENTS									PAGES



Company information									1

Balance sheet									2 to 3

Notes to the abbreviated financial statements									4 to 5

COOK MODELLING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 5 APRIL 2015


DIRECTOR

J Cook


SECRETARY

Mrs G Cook


REGISTERED OFFICE

Harvestway House
28 High Street
Witney
Oxfordshire
OX28 6RA


COMPANY REGISTRATION NUMBER

03656968 England and Wales

COOK MODELLING LIMITED

BALANCE SHEET
AS AT 5 April 2015


	Notes	2015		2014
		£		£

FIXED ASSETS
Tangible assets	2		3,713		84

CURRENT ASSETS
Debtors		11,794		9,690
Cash at bank and in hand		4,683		14,308


		16,477		23,998

CREDITORS: Amounts falling due		19,401		21,749
within one year


NET CURRENT (LIABILITIES) / ASSETS			(2,924)		2,249


TOTAL ASSETS LESS CURRENT LIABILITIES			789		2,333

Provisions for liabilities and charges			80		17


NET ASSETS			709		2,316



CAPITAL AND RESERVES
Called up share capital	3		1		1
Profit and loss account			708		2,315


SHAREHOLDERS' FUNDS			709		2,316



These abbreviated accounts have been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006 and with the Financial Reporting Standard for Smaller Entities (effective April 2008).

For the financial year ended 5 April 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

Members have not required the company to obtain an audit in accordance with section 476 of the Act.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

Signed on behalf of the board


J Cook
Director

Date approved by the board: 23 December 2015

COOK MODELLING LIMITED

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2015


1	STATEMENT OF ACCOUNTING POLICIES

	Accounting convention

	The accounts have been prepared under the historical cost convention and are based on accounts prepared in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

	Turnover

	Turnover represents the value of clay modelling services rendered, stated net of value added tax.

	Tangible fixed assets

	Fixed assets are stated at cost less accumulated depreciation.

	Depreciation has been provided at the following rates so as to write off the cost less residual value of the assets over their estimated useful lives.

	Plant and machinery	Straight line basis at 33.3% per annum
	Computer equipment	Straight line basis at 25% per annum

	Financial instruments

	Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

	Deferred taxation

	Deferred taxation is the taxation attributable to timing differences between profits computed for taxation purposes and profits as stated in the financial statements and is fully provided for, except in circumstances where losses are deemed irrecoverable, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.

	Foreign currencies

	Transactions in foreign currencies are translated at the rate of exchange ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the balance sheet date are translated at the rate of exchange prevailing at that date. Exchange differences are taken into account in arriving at the operating profit or loss.

2	TANGIBLE ASSETS
					Tangible assets
					£
	Cost
	At 6 April 2014				2,112

	Additions				4,895


	At 5 April 2015				7,007


	Accumulated depreciation
	At 6 April 2014				2,028

	Charge for year				1,266


	At 5 April 2015				3,294


	Net book value
	At 6 April 2014				84


	At 5 April 2015				3,713


3	SHARE CAPITAL
		Nominal value	Number	2015	2014
		£		£	£
	Allotted, called up and fully paid:
	Ordinary share	1	1	1	1


4	DIRECTOR'S TRANSACTIONS

	The company made an advance to the director during the year. The following amount was due to the company at the year end:

				2015	2014
				£	£
	J Cook			2,168	-


	The maximum amount due to the company from the director during the year was as follows:

				2015	2014
				£	£
	J Cook			4,910	1,809