Cable Tapes (UK) Ltd - Abbreviated accounts 16.3
Cable Tapes (UK) Ltd - Abbreviated accounts 16.3
| REGISTERED NUMBER: |
| ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30TH JUNE 2016 |
| FOR |
| CABLE TAPES (UK) LTD |
| CABLE TAPES (UK) LTD (REGISTERED NUMBER: 06561221) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| for the Year Ended 30th June 2016 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| CABLE TAPES (UK) LTD |
| COMPANY INFORMATION |
| for the Year Ended 30th June 2016 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| CABLE TAPES (UK) LTD (REGISTERED NUMBER: 06561221) |
| ABBREVIATED BALANCE SHEET |
| 30th June 2016 |
| 30.6.16 | 30.6.15 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| Investments | 3 |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 4 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
4 |
( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 5 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| The directors acknowledge their 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. |
| CABLE TAPES (UK) LTD (REGISTERED NUMBER: 06561221) |
| ABBREVIATED BALANCE SHEET - continued |
| 30th June 2016 |
| The financial statements were approved by the Board of Directors on by: |
| CABLE TAPES (UK) LTD (REGISTERED NUMBER: 06561221) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| for the Year Ended 30th June 2016 |
| 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). |
| Preparation of consolidated financial statements |
| The financial statements contain information about Cable Tapes (UK) Ltd as an individual company and do not |
| contain consolidated financial information as the parent of a group. The company has taken the option under |
| Section 398 of the Companies Act 2006 not to prepare consolidated financial statements. |
| Turnover |
| Turnover represents the value of goods and services provided during the year, excluding value added tax. |
| Tangible fixed assets |
| Plant and machinery | - |
| Fixtures and fittings | - |
| Motor vehicles | - |
| Computer equipment | - |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and |
| slow moving items. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the |
| balance sheet date. |
| Foreign currencies |
| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the |
| balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange |
| ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating |
| result. |
| Hire purchase and leasing commitments |
| Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those |
| held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance |
| leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter. |
| The interest element of these obligations is charged to the profit and loss account over the relevant period. |
| The capital element of the future payments is treated as a liability. |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions payable to the company's |
| pension scheme are charged to the profit and loss account in the period to which they relate. |
| CABLE TAPES (UK) LTD (REGISTERED NUMBER: 06561221) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| for the Year Ended 30th June 2016 |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1st July 2015 |
| Additions |
| At 30th June 2016 |
| DEPRECIATION |
| At 1st July 2015 |
| Charge for year |
| At 30th June 2016 |
| NET BOOK VALUE |
| At 30th June 2016 |
| At 30th June 2015 |
| 3. | FIXED ASSET INVESTMENTS |
| Investments |
| other |
| than |
| loans |
| £ |
| COST |
| At 1st July 2015 |
| and 30th June 2016 | 10,000 |
| NET BOOK VALUE |
| At 30th June 2016 |
| At 30th June 2015 |
| The company's investments at the Balance Sheet date in the share capital of companies include the following: |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary | 76.00 |
| £ | £ |
| Aggregate capital and reserves | 52,892 | 72,270 |
| Loss for the year | (19,378 | ) | (10,259 | ) |
| 4. | CREDITORS |
| Creditors include an amount of £ |
| CABLE TAPES (UK) LTD (REGISTERED NUMBER: 06561221) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| for the Year Ended 30th June 2016 |
| 5. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 30.6.16 | 30.6.15 |
| value: | £ | £ |
| Ordinary | £1 |
| 6. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| At the balance sheet date, the company owed Mr M Van Der Zwan £23,589 (2015 - £45,215) and Mr P Haines |
| £32,839 (2015 - £46,839). |
| During the year the company paid dividends to Mr M Van Der Zwan of £30,000 (2015 - £40,000) and to Mr P |
| Haines £30,000 (2015 - £40,000). The company also reimbursed the directors for expenses claimed during the |
| year. |