CCOM_HOLDINGS_LIMITED - Accounts

CCOM HOLDINGS LIMITED - Company Information

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Company Registration No. 03874514 (England and Wales)

CCOM HOLDINGS LIMITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2013

CCOM HOLDINGS LIMITED

CONTENTS

Page

Abbreviated balance sheet

1 - 2

Notes to the abbreviated accounts

3 - 4

CCOM HOLDINGS LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 DECEMBER 2013

- 1 -

2013

2012

Notes

Fixed assets

Tangible assets

535,000

Current assets

Debtors

1,223

21,734

Cash at bank and in hand

2,577

4,173

3,800

25,907

Creditors: amounts falling due within one year

(73,683)

(69,434)

Net current liabilities

(69,883)

(43,527)

Total assets less current liabilities

465,117

491,473

Creditors: amounts falling due after more than one year

(203,957)

(258,323)

Provisions for liabilities

(8,617)

(5,739)

252,543

227,411

Capital and reserves

Called up share capital

Revaluation reserve

6,459

Profit and loss account

246,083

220,951

Shareholders' funds

252,543

227,411

CCOM HOLDINGS LIMITED

ABBREVIATED BALANCE SHEET (CONTINUED)

AS AT

31 DECEMBER 2013

- 2 -

For the financial year ended 31 December 2013 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 29 September 2014

M.A. Entwistle

Director

Company Registration No. 03874514

CCOM HOLDINGS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2013

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention modified to include the revaluation of freehold land and buildings and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided at rates calculated to write off the cost or valuation less estimated residual value of each asset over its expected useful life, as follows:

Fixtures, fittings & equipment

15% Straight Line

Investment properties are included in the balance sheet at their open market value. Depreciation is provided only on those investment properties which are leasehold and where the unexpired lease term is less than 20 years.

Although this accounting policy is in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), it is a departure from the general requirement of the Companies Act 2006 for all tangible assets to be depreciated. In the opinion of the director compliance with the standard is necessary for the financial statements to give a true and fair view. Depreciation or amortisation is only one of many factors reflected in the annual valuation and the amount of this which might otherwise have been charged cannot be separately identified or quantified.

Fixed assets

Tangible assets

Cost or valuation

At 1 January 2013 & at 31 December 2013

575,970

Depreciation

At 1 January 2013 & at 31 December 2013

40,970

Net book value

At 31 December 2013

535,000

At 31 December 2012

535,000

CCOM HOLDINGS LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2013

- 4 -

Creditors: amounts falling due after more than one year

2013

2012

Analysis of loans repayable in more than five years

Total amounts repayable by instalments which are due in more than five years

34,094

Share capital

2013

2012

Allotted, called up and fully paid

1 Ordinary shares of £1 each