Abbreviated Company Accounts - COG CN LIMITED

Registered Number 07551740

COG CN LIMITED

Abbreviated Accounts

31 March 2016

COG CN LIMITED Registered Number 07551740

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Called up share capital not paid		-	-
Fixed assets
Tangible assets	2	1,811	3,321
		1,811	3,321
Current assets
Stocks		22,312	-
Debtors		35,563	60,081
Cash at bank and in hand		30,311	419
		88,186	60,500
Creditors: amounts falling due within one year		(31,406)	(29,359)
Net current assets (liabilities)		56,780	31,141
Total assets less current liabilities		58,591	34,462
Provisions for liabilities		(362)	(56)
Total net assets (liabilities)		58,229	34,406
Capital and reserves
Called up share capital		200	200
Profit and loss account		58,029	34,206
Shareholders' funds		58,229	34,406

For the year ending 31 March 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 9 November 2016

And signed on their behalf by:
Mrs Cara Faint, Director

COG CN LIMITED Registered Number 07551740

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015)

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied on consistently (except as otherwise stated).

Turnover policy
Turnover represents amounts receivable for goods and services net of VAT and trade discounts. VAT has been calculated using the flat rate scheme.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual residual value of each asset over its expected useful life, as follows:
Plant and machinery: 25% Straight line
Computer equipment: 25% Straight line
Fixtures, fittings & equipment 20% Straight line

Other accounting policies
Deferred taxation
Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

2Tangible fixed assets

	£
Cost
At 1 April 2015	7,109
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	7,109
Depreciation
At 1 April 2015	3,788
Charge for the year	1,510
On disposals	-
At 31 March 2016	5,298
Net book values
At 31 March 2016	1,811
At 31 March 2015	3,321