Courtscreen Limited - Limited company - abbreviated - 11.9
Courtscreen Limited - Limited company - abbreviated - 11.9
| REGISTERED NUMBER: |
| COURTSCREEN LIMITED |
| ABBREVIATED UNAUDITED ACCOUNTS |
| FOR THE YEAR ENDED 30 JUNE 2015 |
| COURTSCREEN LIMITED (REGISTERED NUMBER: 06362218) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 30 JUNE 2015 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| Chartered Accountants' Report | 4 |
| COURTSCREEN LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 30 JUNE 2015 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| COURTSCREEN LIMITED (REGISTERED NUMBER: 06362218) |
| ABBREVIATED BALANCE SHEET |
| 30 JUNE 2015 |
| 2015 | 2014 |
| Notes | £ | £ |
| CREDITORS |
| Amounts falling due within one year | ( |
) | ( |
) |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES | ( |
) | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital | 2 |
| Profit and loss account | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
| The director acknowledges his responsibilities for: |
| (a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| (b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
| The financial statements were approved by the director on |
| COURTSCREEN LIMITED (REGISTERED NUMBER: 06362218) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 30 JUNE 2015 |
| 1. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| The company incurred a net loss after taxation of £500 (2014: £500) during the year. |
| At the balance sheet date the company had net current liabilities and net liabilities of £24,132 (2014: £23,632). |
| The company has been trading for a number of years but has not yet achieved a successful development. The |
| director continues to seek potential development sites that will ensure that the company will become |
| profitable in the future. |
| The company meets its day to day working capital requirements from Ashley King (Developments) Limited, the |
| parent company, via a bank overdraft and bank loan facilities. The director has no reason to believe that the |
| banks will not continue to support the company for the foreseeable future. The company also relies on loans |
| provided by related parties under the common control of the director. The director has given assurances that |
| they will not withdraw this funding to the extent that it would jeopardise the company's ability to continue as |
| a going concern. The director will continue to provide additional financial support to the company as required. |
| For the above reasons, the director believes it is appropriate to prepare the financial statements on the going |
| concern basis. |
| Accounting convention |
| The financial statements have been prepared under the historical cost convention and in accordance with the |
| Financial Reporting Standard for Smaller Entities (effective April 2008). |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the |
| balance sheet date. |
| 2. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2015 | 2014 |
| value: | £ | £ |
| Ordinary | £1 |
| 3. | ULTIMATE PARENT COMPANY |
| The company is a wholly owned subsidiary of Ashley King (Developments) Limited, a company incorporated in |
| the United Kingdom. |
| CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR |
| ON THE UNAUDITED FINANCIAL STATEMENTS OF |
| COURTSCREEN LIMITED |
| The following reproduces the text of the report prepared for the director in respect of the company's annual |
| unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to three) |
| have been prepared. |
| In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the |
| financial statements of Courtscreen Limited for the year ended 30 June 2015 which comprise the Profit and Loss |
| Account, the Balance Sheet and the related notes from the company's accounting records and from information and |
| explanations you have given us. |
| As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook. |
| This report is made solely to the director of Courtscreen Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Courtscreen Limited and state those matters that we have agreed to state to the director of Courtscreen Limited in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report. |
| It is your duty to ensure that Courtscreen Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Courtscreen Limited. You consider that Courtscreen Limited is exempt from the statutory audit requirement for the year. |
| We have not been instructed to carry out an audit or a review of the financial statements of Courtscreen Limited. For |
| this reason, we have not verified the accuracy or completeness of the accounting records or information and |
| explanations you have given to us and we do not, therefore, express any opinion on the statutory financial |
| statements. |
| 29 March 2016 |