Abbreviated Company Accounts - COLLAB8 LIMITED

06585553 COLLAB8 LIMITED 2016-06-30 false 2015-07-01 2016-06-30 true 06585553 2015-07-01 2016-06-30 06585553 2016-06-30 06585553 2015-06-30 06585553 uk-gaap-cd-bus:Director1 2015-07-01 2016-06-30 06585553 uk-gaap-cd-bus:Director2 2015-07-01 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-07-01 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-06-30 iso4217:GBP shares

Registered Number 06585553

COLLAB8 LIMITED

Abbreviated Accounts

30 June 2016

COLLAB8 LIMITED Registered Number 06585553

Abbreviated Balance Sheet as at 30 June 2016

	Notes	2016	2015
		£	£
Called up share capital not paid		2	2
Fixed assets
Tangible assets	2	15,299	19,666
		15,299	19,666
Current assets
Debtors		164,386	21,771
Cash at bank and in hand		90,477	168,262
		254,863	190,033
Creditors: amounts falling due within one year		(234,825)	(136,348)
Net current assets (liabilities)		20,038	53,685
Total assets less current liabilities		35,339	73,353
Provisions for liabilities		(3,060)	(3,933)
Total net assets (liabilities)		32,279	69,420
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		32,277	69,418
Shareholders' funds		32,279	69,420

For the year ending 30 June 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 March 2017

And signed on their behalf by:
Stephen Milligan, Director

COLLAB8 LIMITED Registered Number 06585553

Notes to the Abbreviated Accounts for the period ended 30 June 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 2015.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods and services falling within the company's ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
Fixtures, fittings and equipment - 20% straight line
Caravan - 10% straight line

2Tangible fixed assets

	£
Cost
At 1 July 2015	40,845
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 June 2016	40,845
Depreciation
At 1 July 2015	21,179
Charge for the year	4,367
On disposals	-
At 30 June 2016	25,546
Net book values
At 30 June 2016	15,299
At 30 June 2015	19,666

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
2 Ordinary shares of £1 each	2	2