Abbreviated Company Accounts - COZY HOMES LIMITED

Abbreviated Company Accounts - COZY HOMES LIMITED

COZY HOMES LIMITED - Company Information

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Registered Number 05983614

COZY HOMES LIMITED

Abbreviated Accounts

30 June 2016

COZY HOMES LIMITED Registered Number 05983614

Abbreviated Balance Sheet as at 30 June 2016

Notes 30/06/2016 31/03/2015
£ £
Fixed assets
Tangible assets 2 - 130,000
- 130,000
Current assets
Debtors 79,226 28,817
Cash at bank and in hand - 1
79,226 28,818
Creditors: amounts falling due within one year (13,291) (680)
Net current assets (liabilities) 65,935 28,138
Total assets less current liabilities 65,935 158,138
Creditors: amounts falling due after more than one year - (125,961)
Total net assets (liabilities) 65,935 32,177
Capital and reserves
Called up share capital 3 1 1
Revaluation reserve - 34,909
Profit and loss account 65,934 (2,733)
Shareholders' funds 65,935 32,177
  • For the year ending 30 June 2016 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 4 August 2016

And signed on their behalf by:
k carr, Director

COZY HOMES LIMITED Registered Number 05983614

Notes to the Abbreviated Accounts for the period ended 30 June 2016

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 rents receivable

Other accounting policies
Investment property
Investment property is reflected in the accounts at the Directors' current market valuation.
Depreciation is not provided on these assets.

The current valuation was carried out at an open market basis subject to existing tenancies where
applicable or vacant possession.


Deferred taxation
Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse except that:

deferred taxation is not recognised in respect of timing differences on revalued properties unless
the company has entered into a binding sale agreement.

2Tangible fixed assets
£
Cost
At 1 April 2015 130,000
Additions 23,528
Disposals (153,528)
Revaluations -
Transfers -
At 30 June 2016 0
Depreciation
At 1 April 2015 -
Charge for the year -
On disposals -
At 30 June 2016 -
Net book values
At 30 June 2016 0
At 31 March 2015 130,000
3Called Up Share Capital
Allotted, called up and fully paid:
30/06/2016
£		 31/03/2015
£
1 Ordinary shares of £1 each 1 1

4Transactions with directors

Name of director receiving advance or credit: Mr K Carr
Description of the transaction: Loan due from related companu
Balance at 1 April 2015: £ 1,382
Advances or credits made: £ 77,844
Advances or credits repaid: -
Balance at 30 June 2016: £ 79,226
Name of director receiving advance or credit: Mr L Theodorou
Description of the transaction: Loan due from related company
Balance at 1 April 2015: £ 1,382
Advances or credits made: £ 77,844
Advances or credits repaid: -
Balance at 30 June 2016: £ 79,226