Abbreviated Company Accounts - CUNICON LTD

05605891 CUNICON LTD 2016-10-31 false 2015-11-01 2016-10-31 true 05605891 2015-11-01 2016-10-31 05605891 2016-10-31 05605891 2015-10-31 05605891 uk-gaap-cd-bus:Director1 2015-11-01 2016-10-31 05605891 uk-gaap-cd-bus:Director2 2015-11-01 2016-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-11-01 2016-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-10-31 iso4217:GBP shares

Registered Number 05605891

CUNICON LTD

Abbreviated Accounts

31 October 2016

CUNICON LTD Registered Number 05605891

Abbreviated Balance Sheet as at 31 October 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	69,775	61,121
		69,775	61,121
Current assets
Stocks		72,500	49,100
Debtors		102,902	132,086
Cash at bank and in hand		283	595
		175,685	181,781
Creditors: amounts falling due within one year		(244,849)	(242,450)
Net current assets (liabilities)		(69,164)	(60,669)
Total assets less current liabilities		611	452
Total net assets (liabilities)		611	452
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		511	352
Shareholders' funds		611	452

For the year ending 31 October 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 31 March 2017

And signed on their behalf by:
Mr D Pinder, Director

CUNICON LTD Registered Number 05605891

Notes to the Abbreviated Accounts for the period ended 31 October 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, excluding value added tax.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery - 15% on reducing balance

Other accounting policies
Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Cost includes all direct expenditure and an appropriate proportion if fixed and variable overheads.

Hire Purchase and Leasing commitments
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.

2Tangible fixed assets

	£
Cost
At 1 November 2015	120,516
Additions	51,748
Disposals	(44,720)
Revaluations	-
Transfers	-
At 31 October 2016	127,544
Depreciation
At 1 November 2015	59,395
Charge for the year	15,630
On disposals	(17,256)
At 31 October 2016	57,769
Net book values
At 31 October 2016	69,775
At 31 October 2015	61,121

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

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