COAPE Limited - Period Ending 2015-12-31

Registration number: 05003718

COAPE Limited

Unaudited Abbreviated Accounts

for the Year Ended 31 December 2015
 

ProEdge Accounting Limited
  8a New Road
  Mepal
  Ely
  Cambridgeshire
  CB6 2AP

COAPE Limited
Contents

Abbreviated Balance Sheet 1 to 2

Notes to the Abbreviated Accounts 3 to 4

COAPE Limited
(Registration number: 05003718)
Abbreviated Balance Sheet at 31 December 2015

		Note			2015 £			2014 £
Fixed assets
Tangible fixed assets					389			583
Investments					31,904			31,904
					32,293			32,487
Current assets
Debtors					8,607			792
Cash at bank and in hand					3,705			3,041
					12,312			3,833
Creditors: Amounts falling due within one year					(16,992)			(9,863)
Net current liabilities					(4,680)			(6,030)
Net assets					27,613			26,457
Capital and reserves
Called up share capital		3			100			100
Profit and loss account					27,513			26,357
Shareholders' funds					27,613			26,457

For the year ending 31 December 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 29 September 2016 and signed on its behalf by:

The notes on pages 3 to 4 form an integral part of these financial statements.
Page 1

COAPE Limited
(Registration number: 05003718)
Abbreviated Balance Sheet at 31 December 2015
......... continued

.........................................
  Prof Peter Francis Neville
  Director

.........................................
  Mr Robert Falconer-Taylor
  Director

.........................................
  Mrs Valerie Frances Strong
  Director

.........................................
  Mr Maxwell Ross Tiffin
  Director

The notes on pages 3 to 4 form an integral part of these financial statements.
Page 2

COAPE Limited
Notes to the Abbreviated Accounts for the Year Ended 31 December 2015
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective January 2015).

Turnover

Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Fixtures, fittings and equipment	33% straight line

Fixed asset investments

Fixed asset investments are stated at historical cost less provision for any diminution in value.

Hire purchase and leasing

Rentals payable under operating leases are charged in the profit and loss account on a straight line basis over the lease term.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

Page 3

COAPE Limited
Notes to the Abbreviated Accounts for the Year Ended 31 December 2015
......... continued

2	Fixed assets

		Tangible assets £			Investments £			Total £
Cost
At 1 January 2015		1,475			31,904			33,379
At 31 December 2015		1,475			31,904			33,379
Depreciation
At 1 January 2015		892			-			892
Charge for the year		194			-			194
At 31 December 2015		1,086			-			1,086
Net book value
At 31 December 2015		389			31,904			32,293
At 31 December 2014		583			31,904			32,487

3	Share capital

Allotted, called up and fully paid shares

	2015						2014
		No.			£			No.			£
Ordinary of £1 each		100			100			100			100

Page 4