Robert Coles Ltd - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 07892081 (England and Wales)

Abbreviated Accounts for the Year Ended 31 December 2013

for

Robert Coles Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

R A Coles

SECRETARY:

REGISTERED OFFICE:

35 Squirrels Heath Avenue

Gidea Park

Romford

Essex

RM2 6AD

REGISTERED NUMBER:

07892081 (England and Wales)

ACCOUNTANTS:

Pinnacle Accountancy Services Ltd

Chartered Certified Accountants

198 Hockley Road

Rayleigh

Essex

SS6 8ET

FIXED ASSETS

Tangible assets

2

211

-

CURRENT ASSETS

Debtors

-

6,804

Cash at bank

64,224

88,596

64,224

95,400

CREDITORS

Amounts falling due within one year

25,549

49,465

NET CURRENT ASSETS

38,675

45,935

TOTAL ASSETS LESS CURRENT LIABILITIES

38,886

45,935

PROVISIONS FOR LIABILITIES

42

-

NET ASSETS

38,844

45,935

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

38,744

45,835

SHAREHOLDERS' FUNDS

38,844

45,935

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2013 in accordance with Section 476 of the Companies Act 2006.

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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 24 September 2014 and were signed by:

R A Coles - Director

1.	ACCOUNTING POLICIES

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).

Turnover

Turnover represents gross prize money from tournaments entered and sponsorship deals.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the

balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at

the date of transaction. Exchange differences are taken into account in arriving at the operating result.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

281

At 31 December 2013

281

DEPRECIATION

Charge for year

70

At 31 December 2013

70

NET BOOK VALUE

At 31 December 2013

211

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.13

31.12.12

value:

£

£

100

Ordinary

1

100

100