Coeval Holdings Ltd - Period Ending 2016-03-31

COEVAL HOLDINGS LIMITED - Company Information

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Registration number: SC221191

Coeval Holdings Ltd

Unaudited Abbreviated Accounts

for the Year Ended 31 March 2016

TKO Accountants Ltd
26 York Street
Harborne
Birmingham
B17 0HG

Coeval Holdings Ltd
Contents

Accountants' Report

Abbreviated Balance Sheet

Notes to the Abbreviated Accounts

3 to 4

The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 4) have been prepared.

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Coeval Holdings Ltd
for the Year Ended 31 March 2016

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Coeval Holdings Ltd for the year ended 31 March 2016 set out on pages from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Coeval Holdings Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Coeval Holdings Ltd and state those matters that we have agreed to state to them, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Coeval Holdings Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Coeval Holdings Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and results of Coeval Holdings Ltd. You consider that Coeval Holdings Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Coeval Holdings Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

TKO Accountants Ltd
26 York Street
Harborne
Birmingham
B17 0HG

19 December 2016

Page 1

Coeval Holdings Ltd
(Registration number: SC221191)
Abbreviated Balance Sheet at 31 March 2016

	Note	2016 £	2015 £
Fixed assets
Investments		84,300	84,300
Current assets
Debtors		10	10
Net assets		84,310	84,310
Capital and reserves
Called up share capital	3	11,020	11,020
Profit and loss account		73,290	73,290
Shareholders' funds		84,310	84,310

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 19 December 2016 and signed on its behalf by:

.........................................
Graham Quiney
Director

The notes on pages 3 to 4 form an integral part of these financial statements.
Page 2

Coeval Holdings Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 March 2016
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective January 2015).

Fixed asset investments

Fixed asset investments are stated at historical cost less provision for any diminution in value.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2	Fixed assets

	Investments £	Total £
Cost
At 1 April 2015	635,823	635,823
At 31 March 2016	635,823	635,823
Depreciation
At 1 April 2015	551,523	551,523
At 31 March 2016	551,523	551,523
Net book value
At 31 March 2016	84,300	84,300
At 31 March 2015	84,300	84,300

3	Share capital

Allotted, called up and fully paid shares

	2016			2015
		No.	£		No.	£
Ordinary A shares of £1 each		11,020	11,020		11,020	11,020

Page 3

Coeval Holdings Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 March 2016
......... continued

Control

The company is controlled by The ultimate parent company is QAS Asset Finance Ltd, a company incorporated in the UK. The director, Graham Quinney, controls the company by virtue of owning 99% of the issued share capital of QAS Asset Finance Ltd.

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Page 4