Coleman Charles Properties Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 07714005 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31ST JULY 2015

FOR

COLEMAN CHARLES PROPERTIES LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

A P Deering

REGISTERED OFFICE:

Midwest House

11 Crown Industrial Estate

Canal road

Timperley

Cheshire

WA14 1TF

REGISTERED NUMBER:

07714005 (England and Wales)

ACCOUNTANTS:

KAY JOHNSON GEE LLP

2nd Floor

1 City Road East

Manchester

M15 4PN

FIXED ASSETS

Tangible assets

2

682,272

459,600

CURRENT ASSETS

Debtors

-

11,000

Cash at bank

6,843

3,644

6,843

14,644

CREDITORS

Amounts falling due within one year

3

322,361

141,253

NET CURRENT LIABILITIES

(315,518

)

(126,609

)

TOTAL ASSETS LESS CURRENT LIABILITIES

366,754

332,991

CREDITORS

Amounts falling due after more than one year

3

290,048

270,001

NET ASSETS

76,706

62,990

CAPITAL AND RESERVES

Called up share capital

4

1

1

Profit and loss account

76,705

62,989

SHAREHOLDERS' FUNDS

76,706

62,990

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st July 2015 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 16th June 2016 and were signed by:

A P Deering - 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 net invoiced sales of services, excluding value added tax.

Tangible fixed assets

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

Freehold property

-

2% 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.

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.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st August 2014

490,000

Additions

237,216

At 31st July 2015

727,216

DEPRECIATION

At 1st August 2014

30,400

Charge for year

14,544

At 31st July 2015

44,944

NET BOOK VALUE

At 31st July 2015

682,272

At 31st July 2014

459,600

3.

CREDITORS

Creditors include an amount of £ 337,905 for which security has been given.

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.15

31.7.14

value:

£

£

1

Ordinary

1

1

1