Courtier Limited

Courtier Limited

COURTIER LIMITED - Company Information

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Company Registration No. 6891890 (England and Wales)
Courtier Limited Abbreviated unaudited accounts for the year ended 30 September 2016
Courtier Limited Abbreviated Balance Sheet as at 30 September 2016
2016 
2015 
Notes
£ 
£ 
Fixed assets
Intangible assets
2
147,000 
157,500 
Tangible assets
3
17,670 
27,930 
164,670 
185,430 
Current assets
Stocks
2,573 
2,836 
Debtors
22,245 
19,598 
Cash at bank and in hand
18,449 
17,684 
43,267 
40,118 
Creditors: amounts falling due within one year
(32,340)
(28,710)
Net current assets
10,927 
11,408 
Total assets less current liabilities
175,597 
196,838 
Creditors: amounts falling due after more than one year
(131,559)
(159,532)
Provisions for liabilities
(1,441)
(3,086)
Net assets
42,597 
34,220 
Capital and reserves
Called up share capital
4
12,002 
12,002 
Profit and loss account
30,595 
22,218 
Total shareholders' funds
42,597 
34,220 
For the year ending 30 September 2016 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Approved by the board on 21 November 2016
C S Carwardine Director Company Registration No. 6891890
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Courtier Limited Notes to the Abbreviated Accounts for the year ended 30 September 2016
1
Accounting policies
Basis of preparation
The accounts 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 the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives. Impairment of intangible fixed assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
10% straight line
Plant & machinery
20% straight line
Motor vehicles
25% straight line
Computer equipment
25% straight line
Stocks
Stocks and work-in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
2
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 October 2015
210,000 
At 30 September 2016
210,000 
Amortisation
At 1 October 2015
52,500 
Charge for the year
10,500 
At 30 September 2016
63,000 
Net book value
At 30 September 2016
147,000 
At 30 September 2015
157,500 
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Courtier Limited Notes to the Abbreviated Accounts for the year ended 30 September 2016
3
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost
At 1 October 2015
25,000 
35,407 
17,896 
2,289 
80,592 
Additions
- 
394 
- 
- 
394 
Disposals
- 
- 
(17,896)
- 
(17,896)
At 30 September 2016
25,000 
35,801 
- 
2,289 
63,090 
Depreciation
At 1 October 2015
12,500 
25,469 
13,422 
1,271 
52,662 
Charge for the year
2,500 
3,341 
- 
339 
6,180 
On disposals
- 
- 
(13,422)
- 
(13,422)
At 30 September 2016
15,000 
28,810 
- 
1,610 
45,420 
Net book value
At 30 September 2016
10,000 
6,991 
- 
679 
17,670 
At 30 September 2015
12,500 
9,938 
4,474 
1,018 
27,930 
4
Share capital
2016 
2015 
£ 
£ 
Allotted, called up and fully paid:
12,002 Ordinary shares of £1 each
12,002 
12,002 
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