Copeland Associates Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 06504753 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 10 August 2016

for

COPELAND ASSOCIATES LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

A M J Coffey

REGISTERED OFFICE:

51 Cambridge Road

Crosby

Liverpool

Merseyside

L23 7TX

REGISTERED NUMBER:

06504753 (England and Wales)

ACCOUNTANTS:

Heriot Hughes Chartered Accountants

42 Crosby Road North

Crosby

Merseyside

L22 4QQ

FIXED ASSETS

Tangible assets

2

185

283

CURRENT ASSETS

Work in progress

-

578

Debtors

7,744

5,448

Cash at bank

5,208

11,325

12,952

17,351

CREDITORS

Amounts falling due within one year

12,970

16,147

NET CURRENT (LIABILITIES)/ASSETS

(18

)

1,204

TOTAL ASSETS LESS CURRENT
LIABILITIES

167

1,487

PROVISIONS FOR LIABILITIES

37

57

NET ASSETS

130

1,430

CAPITAL AND RESERVES

Called up share capital

3

1

Profit and loss account

129

1,429

SHAREHOLDERS' FUNDS

130

1,430

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 10 August 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 10 August 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 27 October 2016 and were signed by:

A M J Coffey - 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.

Plant and machinery etc

-

33% on cost

Work in progress

Work completed but not invoiced at the year end has been valued at its net realisable value.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 11 August 2015

and 10 August 2016

300

DEPRECIATION

At 11 August 2015

17

Charge for year

98

At 10 August 2016

115

NET BOOK VALUE

At 10 August 2016

185

At 10 August 2015

283

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

1

Ordinary

£1

1

4.	TRANSACTIONS WITH DIRECTOR

During the year under review the company made a loan to its director, Mr AMJ Coffey. At 10 August 2016 Mr

Coffey owed the company £4,007 (2015 - £4,755). This loan was repaid on 31 October 2016

This loan is unsecured and interest free.