Abbreviated Company Accounts - COULD BE WORSE LIMITED

COULD BE WORSE LIMITED - Company Information

04018309 COULD BE WORSE LIMITED 2015-06-30 false 2014-07-01 2015-06-30 true 04018309 2014-07-01 2015-06-30 04018309 2015-06-30 04018309 2014-06-30 04018309 uk-gaap-cd-bus:Director1 2014-07-01 2015-06-30 04018309 uk-gaap-cd-bus:Director2 2014-07-01 2015-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-07-01 2015-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-06-30 iso4217:EUR shares

Registered Number 04018309

COULD BE WORSE LIMITED

Abbreviated Accounts

30 June 2015

COULD BE WORSE LIMITED Registered Number 04018309

Abbreviated Balance Sheet as at 30 June 2015

	Notes	2015	2014
		€	€
Fixed assets
Investments	2	899,750	919,750
		899,750	919,750
Current assets
Cash at bank and in hand		556	657
		556	657
Creditors: amounts falling due within one year		(2,692)	(6,137)
Net current assets (liabilities)		(2,136)	(5,480)
Total assets less current liabilities		897,614	914,270
Creditors: amounts falling due after more than one year		(1,006,017)	(1,013,386)
Total net assets (liabilities)		(108,403)	(99,116)
Capital and reserves
Called up share capital	3	3	3
Profit and loss account		(108,406)	(99,119)
Shareholders' funds		(108,403)	(99,116)

For the year ending 30 June 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 12 January 2016

And signed on their behalf by:
Thomas Anthony Allen, Director
Toradd Limited, Director

COULD BE WORSE LIMITED Registered Number 04018309

Notes to the Abbreviated Accounts for the period ended 30 June 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.

Valuation information and policy
Unquoted investments are shown at the lower of cost and the directors' valuation

Other accounting policies
Profit or loss on disposal of investments - The surplus or deficit arising on the disposal of investments, being the difference between cost and net proceeds, is taken to the Profit and Loss account.

Going concern - The financial statements have been prepared on the basis that the company will continue as a going concern for the foreseeable future and that it will continue to receive the support of the shareholders.

2Fixed assets Investments
The unquoted investment represents 100% of the issued share capital of Bastide Saint Bastien, a company registered in France. The principal activity is that of property holding.

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

	2015 €	2014 €
2 Ordinary GBP shares of €1.50 each	3	3

The 2 issued Ordinary GBP shares are at a nominal value of £1 per share.