Abbreviated Company Accounts - CORBIERE PRIVATE OFFICE LIMITED

CORBIERE PRIVATE OFFICE LIMITED - Company Information

05393387 CORBIERE PRIVATE OFFICE LIMITED 2013-12-31 false 2013-01-01 2013-12-31 true 05393387 2013-01-01 2013-12-31 05393387 2013-12-31 05393387 2012-12-31 05393387 uk-gaap-cd-bus:Director1 2013-01-01 2013-12-31 05393387 uk-gaap-cd-bus:Director2 2013-01-01 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-01-01 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2012-12-31 iso4217:USD shares

Registered Number 05393387

CORBIERE PRIVATE OFFICE LIMITED

Abbreviated Accounts

31 December 2013

CORBIERE PRIVATE OFFICE LIMITED Registered Number 05393387

Abbreviated Balance Sheet as at 31 December 2013

	Notes	2013	2012
		$	$
Fixed assets
Tangible assets	2	6,504	14,580
		6,504	14,580
Current assets
Debtors		634,889	851,862
Cash at bank and in hand		920,112	673,724
		1,555,001	1,525,586
Creditors: amounts falling due within one year		(151,619)	(211,472)
Net current assets (liabilities)		1,403,382	1,314,114
Total assets less current liabilities		1,409,886	1,328,694
Creditors: amounts falling due after more than one year		(235,704)	(333,683)
Total net assets (liabilities)		1,174,182	995,011
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		1,174,180	995,009
Shareholders' funds		1,174,182	995,011

For the year ending 31 December 2013 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 29 September 2014

And signed on their behalf by:
Saffery Limited, Director
Champness Limited, Director

CORBIERE PRIVATE OFFICE LIMITED Registered Number 05393387

Notes to the Abbreviated Accounts for the period ended 31 December 2013

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 represents fee income for services provided to Corbiere Trust Company Limited as Trustee of The Corbiere Trust.

Tangible assets depreciation policy
The depreciation on the office equipment is calculated using the straight line method at 25%.

Other accounting policies
Foreign currency translation
Assets, liabilities, revenues and costs expressed in foreign currencies are translated into US Dollars at rates of exchange ruling on the date on which transactions occur, except for:
(i) monetary assets and liabilities which are translated at the rate ruling at the balance sheet date (other than those in (ii) below); and
(ii) transactions to be settled at a contracted rate and trading transactions covered by a related or matching forward contract which are translated at those contracted rates.
Differences arising on the translation of such items are dealt with in the profit and loss account.

2Tangible fixed assets

	$
Cost
At 1 January 2013	72,648
Additions	5,356
Disposals	-
Revaluations	(9,383)
Transfers	-
At 31 December 2013	68,621
Depreciation
At 1 January 2013	58,068
Charge for the year	4,049
On disposals	-
At 31 December 2013	62,117
Net book values
At 31 December 2013	6,504
At 31 December 2012	14,580

The revaluations shown above are adjustments during the year, to cost of $4,118 and depreciation of $5,265.

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

	2013 $	2012 $
1 Ordinary shares of $2 each	2	2

The shares are Ordinary shares of £1.00 each.