Coronet Chocolates Limited - Accounts to registrar - small 16.3

Coronet Chocolates Limited - Accounts to registrar - small 16.3

CORONET CHOCOLATES,LIMITED(THE) - Company Information

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REGISTERED NUMBER: 00318864 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2016

for

Coronet Chocolates Limited

Coronet Chocolates Limited (Registered number: 00318864)

Contents of the Financial Statements
for the Year Ended 31 December 2016










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Certified Accountants' Report 6

Coronet Chocolates Limited

Company Information
for the Year Ended 31 December 2016







DIRECTORS: Miss S Bocking
I Bocking





SECRETARY: Miss S Bocking





REGISTERED OFFICE: 4 Andalusian Gardens
Whiteley
Fareham
Hampshire
PO15 7DU





REGISTERED NUMBER: 00318864 (England and Wales)





ACCOUNTANTS: Carbon Accountants Limited
Chartered Certified Accountants
66 Botley Road
Park Gate
Southampton
Hampshire
SO31 1BB
Page 1
Coronet Chocolates Limited (Registered number: 00318864)

Balance Sheet
31 December 2016

31.12.16 31.12.15
Notes £    £    £    £   
FIXED ASSETS
Investments 4 198,577 203,577

CURRENT ASSETS
Debtors 5 38 38
Cash at bank 5,972 4,110
6,010 4,148
CREDITORS
Amounts falling due within one year 6 360 360
NET CURRENT ASSETS 5,650 3,788
TOTAL ASSETS LESS CURRENT
LIABILITIES
204,227
207,365

CAPITAL AND RESERVES
Called up share capital 100 100
Revaluation reserve 7 2,000 2,000
Retained earnings 202,127 205,265
SHAREHOLDERS' FUNDS 204,227 207,365

The notes form part of these financial statements

Page 2 continued...
Coronet Chocolates Limited (Registered number: 00318864)

Balance Sheet - continued
31 December 2016


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2016 in accordance with Section 476 of the Companies Act 2006.

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.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 9 May 2017 and were signed on its
behalf by:




Miss S Bocking - Director



I Bocking - Director


The notes form part of these financial statements

Page 3
Coronet Chocolates Limited (Registered number: 00318864)

Notes to the Financial Statements
for the Year Ended 31 December 2016


1. STATUTORY INFORMATION

Coronet Chocolates Limited is a private company, limited by shares , registered in England and Wales.
The company's registered number and registered office address can be found on the Company
Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement,
except to the extent that it relates to items recognised in other comprehensive income or directly in
equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that that have
been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at
the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods
different from those in which they are recognised in financial statements. Deferred tax is measured
using tax rates and laws that have been enacted or substantively enacted by the year end and that
are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is
probable that they will be recovered against the reversal of deferred tax liabilities or other future
taxable profits.

Fixed asset investments
Fixed asset listed investments are shown and measured at original cost. The directors consider this to
be the most appropriate policy under the circumstances of the company. The directors have no
intention of disposing of the listed investments as they are to be held for the long-term and therefore
do not consider adopting a method of revaluation to be appropriate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 .

Page 4 continued...
Coronet Chocolates Limited (Registered number: 00318864)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2016


4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 January 2016 203,577
Disposals (5,000 )
At 31 December 2016 198,577
NET BOOK VALUE
At 31 December 2016 198,577
At 31 December 2015 203,577

The fixed asset investments are held and managed by Hargreaves Lansdown in an HL Vantage Fund
and Share Account on behalf of the company.The market value of the investments as at 27th
February 2017 was £192,622 which was the most recent valuation to the financial year end of the
company. At this date the total investment value was split between £139,003 held in listed
investments (£117,799 as at 2nd February 2016) and £53,619 held in cash investments (£57,804 as at
2nd February 2016).

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.16 31.12.15
£    £   
Other debtors 38 38

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.16 31.12.15
£    £   
Taxation and social security 360 360

7. RESERVES
Revaluation
reserve
£   
At 1 January 2016
and 31 December 2016 2,000

8. RELATED PARTY DISCLOSURES

The company was under the control of Directors Ian and Susan Bocking by virtue of their respective
interest in the issued share capital of the company.

Page 5
Chartered Certified Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Coronet Chocolates Limited


The following reproduces the text of the report prepared for the directors and members in
respect of the company's annual unaudited financial statements. In accordance with the
Companies Act 2006, the company is only required to file a Balance Sheet. Readers are
cautioned that the Income Statement and certain other primary statements and the Report of
the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your
approval the financial statements of Coronet Chocolates Limited for the year ended 31 December 2016 which
comprise the Income Statement, Balance Sheet and the related notes from the company's accounting
records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Coronet Chocolates Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Coronet Chocolates Limited and state those matters that we have agreed to state to the Board of Directors of Coronet Chocolates Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Coronet Chocolates Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Coronet Chocolates Limited. You consider that Coronet Chocolates Limited 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 financial statements of Coronet Chocolates Limited. 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 financial statements.






Carbon Accountants Limited
Chartered Certified Accountants
66 Botley Road
Park Gate
Southampton
Hampshire
SO31 1BB


9 May 2017

This page does not form part of the statutory financial statements

Page 6