Center One Resources Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 08511624 (England and Wales)

Abbreviated Unaudited Accounts

For The Year Ended 31 May 2016

for

Center One Resources Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Report of the Accountants

4

DIRECTOR:

L H Kleerekoper

REGISTERED OFFICE:

Jubilee House

East Beach

Lytham St.Annes

Lancashire

FY8 5FT

REGISTERED NUMBER:

08511624 (England and Wales)

ACCOUNTANTS:

Danbro Accounting Ltd

Jubilee House

East Beach

Lytham St.Annes

Lancashire

FY8 5FT

FIXED ASSETS

Tangible assets

2

371

530

CURRENT ASSETS

Debtors

16,019

17,446

Cash at bank

9,017

3,229

25,036

20,675

CREDITORS

Amounts falling due within one year

12,719

9,984

NET CURRENT ASSETS

12,317

10,691

TOTAL ASSETS LESS CURRENT
LIABILITIES

12,688

11,221

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

12,588

11,121

SHAREHOLDERS' FUNDS

12,688

11,221

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 26 September 2016 and were signed by:

L H Kleerekoper - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements 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 net invoiced sales of services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

33% on cost

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2015

1,290

Additions

406

At 31 May 2016

1,696

DEPRECIATION

At 1 June 2015

760

Charge for year

565

At 31 May 2016

1,325

NET BOOK VALUE

At 31 May 2016

371

At 31 May 2015

530

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

100

Ordinary

£1

100

The following reproduces the text of the report prepared for the director in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to three)

have been prepared.

As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended 31 May 2016 set out on pages two to three and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Danbro Accounting Ltd

Jubilee House

East Beach

Lytham St.Annes

Lancashire

FY8 5FT

Date: .............................................