COLLABORATIVE_VENTURES_(U - Accounts

COLLABORATIVE VENTURES (UK) LTD - Company Information

Print Friendly Version

Company Registration No. 07796684 (England and Wales)

COLLABORATIVE VENTURES (UK) LTD

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 OCTOBER 2015

COLLABORATIVE VENTURES (UK) LTD

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

COLLABORATIVE VENTURES (UK) LTD

ABBREVIATED BALANCE SHEET

AS AT

31 OCTOBER 2015

- 1 -

2015

2014

Notes

Fixed assets

Tangible assets

9,172

Current assets

Cash at bank and in hand

1,096

Creditors: amounts falling due within one year

(29,320)

Net current liabilities

(28,224)

Total assets less current liabilities

(19,052)

Capital and reserves

Called up share capital

100

Profit and loss account

(19,152)

Shareholders' funds

(19,052)

Audit exemption statement

For the financial year ended 31 October 2015 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:

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

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 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 and authorised for issue on 31 July 2016

Mr H J Slinger

Director

Company Registration No. 07796684

COLLABORATIVE VENTURES (UK) LTD

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 OCTOBER 2015

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention 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

Tangible fixed assets and depreciation

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

Plant and machinery

10 to 15% straight line

Motor vehicles

25% straight line

1.4

Deferred taxation

Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

Fixed assets

Tangible assets

Cost

At 1 November 2014 & at 31 October 2015

16,792

Depreciation

At 1 November 2014 & at 31 October 2015

7,620

Net book value

At 31 October 2015

9,172

At 31 October 2014

9,172

Share capital

2015

2014

Allotted, called up and fully paid

100 Ordinary of £1 each

100

Ultimate parent company

The company is controlled by its directors who own 100% of the issued share capital.