Abbreviated Company Accounts - CUIVRE CABLE LTD

Abbreviated Company Accounts - CUIVRE CABLE LTD


Registered Number 09090724

CUIVRE CABLE LTD

Abbreviated Accounts

7 July 2015

CUIVRE CABLE LTD Registered Number 09090724

Abbreviated Balance Sheet as at 7 July 2015

Notes 2015
£
Called up share capital not paid -
Fixed assets
Intangible assets -
Tangible assets -
Investments -
-
Current assets
Stocks -
Debtors -
Investments -
Cash at bank and in hand 4
4
Prepayments and accrued income -
Creditors: amounts falling due within one year 0
Net current assets (liabilities) 4
Total assets less current liabilities 4
Creditors: amounts falling due after more than one year 0
Provisions for liabilities 0
Accruals and deferred income 0
Total net assets (liabilities) 4
Capital and reserves
Called up share capital 4
Share premium account 0
Revaluation reserve 0
Other reserves 0
Profit and loss account 0
Shareholders' funds 4
  • For the year ending 7 July 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 1 March 2016

And signed on their behalf by:
Simon Appleby, Director

CUIVRE CABLE LTD Registered Number 09090724

Notes to the Abbreviated Accounts for the period ended 7 July 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 represent amounts chargeable, net of value added tax, in respect of the sale of goods and services to customer.

Tangible assets depreciation policy
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their useful economic life as follows.
Asset Class Depreciation method and rate
Plant and machinery reducing balance method - 25%
Fixtures and fittings reducing balance method - 25%
Computer equipment Straight line method - 33%

Other accounting policies
Stock is valued at lower of cost and net realizable value, after due regard for obsolete and slow moving stocks. Net realizable value is based on selling price less anticipated costs to completion and selling costs.
Deferred Tax is recognized without discounting, in respect of all timing differences between the treatment of certain items for taxation and accounting purposes, which have arisen but not reversed by the balance sheet date except as required by the FRSSE. Deferred tax is measured at the rates that are expected to apply in the periods when the timing differences are expected to reverse, based on the tax rates and law enacted at the balance sheet date.

Financial Instruments are classified and accounted for, according to the substance of the contractual arrangement as 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. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.