Company Registration No. 06922950 (England and Wales)
COAST CONSULTING LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2016
COAST CONSULTING LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
COAST CONSULTING LIMITED
ABBREVIATED BALANCE SHEET
- 1 -
2016
2015
Notes
£
£
£
£
Fixed assets
Intangible assets
2
6,000
8,000
Tangible assets
2
2,310
2,414
8,310
10,414
Current assets
Debtors
19,970
21,548
Cash at bank and in hand
126,597
102,603
146,567
124,151
Creditors: amounts falling due within one year
(32,731)
(35,981)
Net current assets
113,836
88,170
Total assets less current liabilities
122,146
98,584
Capital and reserves
Called up share capital
3
100
100
Profit and loss account
122,046
98,484
Shareholders' funds
122,146
98,584
For the financial year ended 31 May 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small 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 Act 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 for issue on 28 July 2016
A Moorcroft
Director
Company Registration No. 06922950
COAST CONSULTING LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MAY 2016
- 2 -
1
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 January 2015).
1.2
Turnover
Turnover represents amounts receivable for goods and services net of VAT.
1.3
Goodwill
Acquired goodwill is written off in equal annual instalments over its estimated useful economic life of 10 years.
1.4
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:
Office equipment
25% reducing balance
1.5
Pensions
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are charged to the profit and loss account in the year they are payable.
2
Fixed assets
Intangible assets
Tangible assets
Total
£
£
£
Cost
At 1 June 2015
20,000
6,092
26,092
Additions
-
666
666
At 31 May 2016
20,000
6,758
26,758
Depreciation
At 1 June 2015
12,000
3,678
15,678
Charge for the year
2,000
770
2,770
At 31 May 2016
14,000
4,448
18,448
Net book value
At 31 May 2016
6,000
2,310
8,310
At 31 May 2015
8,000
2,414
10,414
COAST CONSULTING LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2016
- 3 -
3
Share capital
2016
2015
£
£
Allotted, called up and fully paid
100 Ordinary of £1 each
100
100
2016-05-312015-06-01falsetruetruetruetruetruetmp3325.html2016-08-03069229502015-06-012016-05-31069229502016-05-31069229502015-05-3106922950uk-bus:Director12015-06-012016-05-3106922950uk-gaap:ComputerEquipment2015-06-012016-05-31069229502015-05-3106922950uk-bus:OrdinaryShareClass12015-06-012016-05-3106922950uk-bus:OrdinaryShareClass12016-05-3106922950uk-bus:OrdinaryShareClass12015-05-31xbrli:purexbrli:sharesiso4217:GBP
