Abbreviated Company Accounts - COLDHARBOUR TRADING LIMITED

COLDHARBOUR TRADING LIMITED - Company Information

04287717 COLDHARBOUR TRADING LIMITED 2016-09-30 false 2015-10-01 2016-09-30 true 04287717 2015-10-01 2016-09-30 04287717 2016-09-30 04287717 2015-09-30 04287717 uk-gaap-cd-bus:Director1 2015-10-01 2016-09-30 04287717 uk-gaap-cd-bus:Director2 2015-10-01 2016-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-10-01 2016-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-09-30 uk-gaap-cd-bus:OrdinaryShareClass2 2015-10-01 2016-09-30 uk-gaap-cd-bus:OrdinaryShareClass2 2016-09-30 uk-gaap-cd-bus:OrdinaryShareClass2 2015-09-30 iso4217:GBP shares

Registered Number 04287717

COLDHARBOUR TRADING LIMITED

Abbreviated Accounts

30 September 2016

COLDHARBOUR TRADING LIMITED Registered Number 04287717

Abbreviated Balance Sheet as at 30 September 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	1	1
		1	1
Current assets
Stocks		13,125	21,650
Debtors		-	50
Cash at bank and in hand		2,277	5,458
		15,402	27,158
Creditors: amounts falling due within one year		(1,457)	(1,252)
Net current assets (liabilities)		13,945	25,906
Total assets less current liabilities		13,946	25,907
Total net assets (liabilities)		13,946	25,907
Capital and reserves
Called up share capital	3	200	200
Profit and loss account		13,746	25,707
Shareholders' funds		13,946	25,907

For the year ending 30 September 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 10 March 2017

And signed on their behalf by:
A P FLETCHER, Director
C C FLETCHER, Director

COLDHARBOUR TRADING LIMITED Registered Number 04287717

Notes to the Abbreviated Accounts for the period ended 30 September 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.

Turnover policy
Turnover represents net invoiced sales of goods and services arising from the company's principal, excluding value added tax. All sales of carpets are recognised based upon delivery date.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Fixtures and fittings - 15% on cost
Computer equipment - 33% on cost

Intangible assets amortisation policy
COST
At 1 October 2015 and 30 September 2016 £11,700

AMORTISEMENT
At 1 October 2015 and 30 September 2016 £11,700

NET BOOK VALUE
At 30 September 2016 -

At 30 September 2015 -

Other accounting policies
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance due 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.

Related party disclosures
During the year the holders of the 'B' Class shares became entitled to dividends totalling £14,500 (2015 £6,000).

At 30 September 2016 a sum of £218 (2015 £292) was owed to the Directors.

The loan carries no set repayment terms and has no right to interest.

Ultimate controlling party
The Directors C C Fletcher and Mrs A Fletcher each own 50% of the issued 'A' ordinary share capital of the business.

Mrs A Fletcher owns all of the ordinary 'B' shares.

2Tangible fixed assets

	£
Cost
At 1 October 2015	3,855
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 September 2016	3,855
Depreciation
At 1 October 2015	3,854
Charge for the year	-
On disposals	-
At 30 September 2016	3,854
Net book values
At 30 September 2016	1
At 30 September 2015	1

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

	2016 £	2015 £
100 A Ordinary shares of £1 each	100	100
100 B Ordinary shares of £1 each	100	100

The Ordinary 'A' Shares have full equity rights.

The Ordinary 'B' Shares carry the following rights:

Dividends - as declared by the Ordinary 'A' Shareholders
Return on Capital - only entitled to the return of amounts paid up on shares in the event of winding up of the Company.
Voting Rights - no entitlement to attend or voted at General Meetings of the Company.