N C Cox Limited - Abbreviated accounts 16.1

N C Cox Limited - Abbreviated accounts 16.1

N C COX LIMITED - Company Information

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REGISTERED NUMBER: 05223412 (England and Wales)















N C COX LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 AUGUST 2015






N C COX LIMITED (REGISTERED NUMBER: 05223412)

CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 AUGUST 2015










Page

Company Information 1

Abbreviated Balance Sheet 2 to 3

Notes to the Abbreviated Accounts 4 to 5

N C COX LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2015







DIRECTORS: N C Cox
Mrs H Cox





SECRETARY: Mrs H Cox





REGISTERED OFFICE: Ross House
The Square
Stow On The Wold
Gloucestershire
GL54 1AF





REGISTERED NUMBER: 05223412 (England and Wales)





ACCOUNTANTS: William Hinton Limited
Chartered Accountants
Ross House
The Square
Stow On The Wold
Gloucestershire
GL54 1AF
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N C COX LIMITED (REGISTERED NUMBER: 05223412)

ABBREVIATED BALANCE SHEET
31 AUGUST 2015

2015 2014
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 53,337 66,670
Tangible assets 3 14,734 8,444
68,071 75,114

CURRENT ASSETS
Stocks 22,000 22,735
Debtors 19,021 1,271
Cash at bank 43,007 20,788
84,028 44,794
CREDITORS
Amounts falling due within one year 123,845 109,888
NET CURRENT LIABILITIES (39,817 ) (65,094 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
28,254
10,020

PROVISIONS FOR LIABILITIES 1,316 -
NET ASSETS 26,938 10,020

CAPITAL AND RESERVES
Called up share capital 4 2 2
Profit and loss account 26,936 10,018
SHAREHOLDERS' FUNDS 26,938 10,020

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 notes form part of these abbreviated accounts

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N C COX LIMITED (REGISTERED NUMBER: 05223412)

ABBREVIATED BALANCE SHEET - continued
31 AUGUST 2015


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 Board of Directors on 27 May 2016 and were signed on its behalf by:





N C Cox - Director


The notes form part of these abbreviated accounts

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N C COX LIMITED (REGISTERED NUMBER: 05223412)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 AUGUST 2015


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 January 2015).

Turnover
Turnover represents net invoiced sales of goods, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2005, is being amortised evenly over its estimated useful life of fifteen years.

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 - 20% per annum on cost
Fixtures and fittings - 20% per annum on cost
Motor vehicles - 25% per annum on cost
Computer equipment - 33% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

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

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the
period of the lease.

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1 September 2014
and 31 August 2015 200,000
AMORTISATION
At 1 September 2014 133,330
Amortisation for year 13,333
At 31 August 2015 146,663
NET BOOK VALUE

At 31 August 2015 53,337
At 31 August 2014 66,670

-4- continued...
N C COX LIMITED (REGISTERED NUMBER: 05223412)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 31 AUGUST 2015


3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 September 2014 72,735
Additions 11,257
At 31 August 2015 83,992
DEPRECIATION
At 1 September 2014 64,291
Charge for year 4,967
At 31 August 2015 69,258
NET BOOK VALUE
At 31 August 2015 14,734
At 31 August 2014 8,444

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2015 2014
value: £    £   
2 Ordinary £1 2 2

5. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is N C Cox in conjunction with Mrs H Cox by virtue of their majority
shareholding.

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