Abbreviated Company Accounts - COSTA CYCLING EXPERIENCE LIMITED

Abbreviated Company Accounts - COSTA CYCLING EXPERIENCE LIMITED

COSTA CYCLING EXPERIENCE LIMITED - Company Information

Print Friendly Version

Registered Number SC461839

COSTA CYCLING EXPERIENCE LIMITED

Abbreviated Accounts

30 March 2016

COSTA CYCLING EXPERIENCE LIMITED Registered Number SC461839

Abbreviated Balance Sheet as at 30 March 2016

Notes 2016 2015
£ £
Called up share capital not paid - -
Fixed assets
Intangible assets 2 3,824 4,328
3,824 4,328
Current assets
Debtors - 166
Cash at bank and in hand 22 721
22 887
Creditors: amounts falling due within one year (18,435) (19,080)
Net current assets (liabilities) (18,413) (18,193)
Total assets less current liabilities (14,589) (13,865)
Total net assets (liabilities) (14,589) (13,865)
Capital and reserves
Called up share capital 100 100
Profit and loss account (14,689) (13,965)
Shareholders' funds (14,589) (13,865)
  • For the year ending 30 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 30 July 2016

And signed on their behalf by:
F McGlashan, Director

COSTA CYCLING EXPERIENCE LIMITED Registered Number SC461839

Notes to the Abbreviated Accounts for the period ended 30 March 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Intangible assets amortisation policy
Intangible assets represent the investment in internet and goodwill of the business to date and is depreciated on a reducing balance basis at ten percent annually.

2Intangible fixed assets
£
Cost
At 1 April 2015 5,042
Additions -
Disposals -
Revaluations -
Transfers -
At 30 March 2016 5,042
Amortisation
At 1 April 2015 714
Charge for the year 504
On disposals -
At 30 March 2016 1,218
Net book values
At 30 March 2016 3,824
At 31 March 2015 4,328