Abbreviated Company Accounts - CABOT COMPANY LIMITED

CABOT COMPANY LIMITED - Company Information

01077069 CABOT COMPANY LIMITED 2015-10-31 false 2014-11-01 2015-10-31 true 01077069 2014-11-01 2015-10-31 01077069 2015-10-31 01077069 2014-10-31 01077069 uk-gaap-cd-bus:Director1 2014-11-01 2015-10-31 01077069 uk-gaap-cd-bus:Director2 2014-11-01 2015-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-11-01 2015-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-10-31 iso4217:GBP shares

Registered Number 01077069

CABOT COMPANY LIMITED

Abbreviated Accounts

31 October 2015

CABOT COMPANY LIMITED Registered Number 01077069

Abbreviated Balance Sheet as at 31 October 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	2	2
		2	2
Current assets
Stocks		137,650	115,140
Debtors		134,743	152,301
Cash at bank and in hand		2,264	1,513
		274,657	268,954
Creditors: amounts falling due within one year		(11,645)	(16,842)
Net current assets (liabilities)		263,012	252,112
Total assets less current liabilities		263,014	252,114
Total net assets (liabilities)		263,014	252,114
Capital and reserves
Called up share capital	3	5,000	5,000
Profit and loss account		258,014	247,114
Shareholders' funds		263,014	252,114

For the year ending 31 October 2015 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 7 July 2016

And signed on their behalf by:
R D Bliss, Director

CABOT COMPANY LIMITED Registered Number 01077069

Notes to the Abbreviated Accounts for the period ended 31 October 2015

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 the total invoice value, excluding value added tax, of sales made during the year.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible fixed assets, less their estimated residual value, over their expected useful lives as follows:

Fixtures, fitting and equipment - 10% straight line

The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.

2Tangible fixed assets

	£
Cost
At 1 November 2014	6,071
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2015	6,071
Depreciation
At 1 November 2014	6,069
Charge for the year	-
On disposals	-
At 31 October 2015	6,069
Net book values
At 31 October 2015	2
At 31 October 2014	2

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

	2015 £	2014 £
5,000 Ordinary shares of £1 each	5,000	5,000