Colorbox Limited - Abbreviated accounts 16.3
Colorbox Limited - Abbreviated accounts 16.3
REGISTERED NUMBER: |
Abbreviated Unaudited Accounts for the Year Ended 30th October 2016 |
for |
Colorbox Limited |
Colorbox Limited (Registered number: 03184178) |
Contents of the Abbreviated Accounts |
for the Year Ended 30th October 2016 |
Page |
Company Information | 1 |
Abbreviated Balance Sheet | 2 |
Notes to the Abbreviated Accounts | 4 |
Colorbox Limited |
Company Information |
for the Year Ended 30th October 2016 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
Colorbox Limited (Registered number: 03184178) |
Abbreviated Balance Sheet |
30th October 2016 |
2016 | 2015 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 2 |
CURRENT ASSETS |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 3 |
NET CURRENT ASSETS/(LIABILITIES) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
CREDITORS |
Amounts falling due after more than one year |
3 |
( |
) |
PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
NET LIABILITIES | ( |
) | ( |
) |
CAPITAL AND RESERVES |
Called up share capital | 4 |
Profit and loss account | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
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. |
Colorbox Limited (Registered number: 03184178) |
Abbreviated Balance Sheet - continued |
30th October 2016 |
The financial statements were approved by the Board of Directors on |
Colorbox Limited (Registered number: 03184178) |
Notes to the Abbreviated Accounts |
for the Year Ended 30th October 2016 |
1. | ACCOUNTING POLICIES |
Accounting convention |
The financial statements have been prepared under the historical cost convention and in accordance with the |
Financial Reporting Standard for Smaller Entities (effective January 2015). |
Turnover |
Turnover represents net invoiced sales of goods and services, excluding value added tax. |
Tangible fixed assets |
Plant and machinery etc | - |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
sheet date. |
2. | TANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 31st October 2015 |
and 30th October 2016 |
DEPRECIATION |
At 31st October 2015 |
Charge for year |
At 30th October 2016 |
NET BOOK VALUE |
At 30th October 2016 |
At 30th October 2015 |
3. | CREDITORS |
Creditors include an amount of £ |
They also include the following debts falling due in more than five years: |
2016 | 2015 |
£ | £ |
Repayable by instalments | 38,971 | - |
4. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2016 | 2015 |
value: | £ | £ |
Ordinary 'A' | 1p |
Ordinary 'B' | 1p |
100 | 100 |
Colorbox Limited (Registered number: 03184178) |
Notes to the Abbreviated Accounts - continued |
for the Year Ended 30th October 2016 |
5. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
The following advances and credits to a director subsisted during the years ended 30th October 2016 and |
30th October 2015: |
2016 | 2015 |
£ | £ |
Balance outstanding at start of year |
Amounts advanced |
Amounts repaid | ( |
) |
Balance outstanding at end of year |
6. | FINANCE |
The Directors propose to continue trading as they consider that the future results will be of an improved nature. It |
is their present intention to provide or procure finance to maintain the business as a going concern for the |
foreseeable future. |
If future trading results do not improve the decision to continue trading may have to be reviewed. In this case the |
going concern basis upon which these records are drawn up may not be appropriate. If this were to be so, the |
accounts would have to be prepared on a "break up" basis. This would involve restating assets and liabilities at |
their realisable values which may be considerably lower than those currently shown in the accounts. |