Abbreviated Company Accounts - COLOURFUL GREY LIMITED

COLOURFUL GREY LIMITED - Company Information

07056746 COLOURFUL GREY LIMITED 2016-10-31 false 2015-11-01 2016-10-31 true 07056746 2015-11-01 2016-10-31 07056746 2016-10-31 07056746 2015-10-31 07056746 uk-gaap-cd-bus:Director1 2015-11-01 2016-10-31 07056746 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 07056746

COLOURFUL GREY LIMITED

Abbreviated Accounts

31 October 2016

COLOURFUL GREY LIMITED Registered Number 07056746

Abbreviated Balance Sheet as at 31 October 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	2,751	3,439
		2,751	3,439
Current assets
Debtors		5,619	17,116
Cash at bank and in hand		5	11
		5,624	17,127
Creditors: amounts falling due within one year		(9,941)	(20,133)
Net current assets (liabilities)		(4,317)	(3,006)
Total assets less current liabilities		(1,566)	433
Total net assets (liabilities)		(1,566)	433
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		(1,666)	333
Shareholders' funds		(1,566)	433

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 14 July 2017

And signed on their behalf by:
N. Loveday, Director

COLOURFUL GREY LIMITED Registered Number 07056746

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 the invoiced value, excluding value added tax, of services provided to customers.

Tangible assets depreciation policy
Depreciation is calculated to write down the cost of all tangible fixed assets at the following annual rate:-

Office Equipment 20% reducing balance

2Tangible fixed assets

	£
Cost
At 1 November 2015	8,533
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2016	8,533
Depreciation
At 1 November 2015	5,094
Charge for the year	688
On disposals	-
At 31 October 2016	5,782
Net book values
At 31 October 2016	2,751
At 31 October 2015	3,439

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

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