Registered Number 00386288
COVECALL LIMITED
Abbreviated Accounts
30 November 2015
Notes | 2015 | 2014 | |
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£ | £ | ||
Fixed assets | |||
Tangible assets | 2 |
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Current assets | |||
Debtors |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
( |
( |
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Net current assets (liabilities) |
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( |
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Total assets less current liabilities |
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Total net assets (liabilities) |
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Capital and reserves | |||
Called up share capital |
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Revaluation reserve |
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Profit and loss account |
( |
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Shareholders' funds |
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Approved by the Board on
And signed on their behalf by:
1 Accounting Policies
Basis of measurement and preparation of accounts
The financial statements have been prepared under the historical cost convention by the revaluation of certain assets and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
Turnover policy
Turnover represents interest receivable during the year.
Other accounting policies
Land and buildings are stated at director’s valuation with no depreciation being provided, in accordance with the Financial Reporting Standard for Smaller Entities.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
Going concern
Having made enquiries, the director considers that the company has adequate resources to continue in business for the foreseeable future and that it is therefore appropriate to adopt the going concern basis in preparing the financial statements of the company.
£ | |
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Cost | |
At 1 December 2014 |
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Additions |
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Disposals |
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Revaluations |
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Transfers |
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At 30 November 2015 |
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Depreciation | |
At 1 December 2014 |
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Charge for the year |
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On disposals |
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At 30 November 2015 |
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Net book values | |
At 30 November 2015 | 300,000 |
At 30 November 2014 | 300,000 |
Land and buildings are stated at director’s valuation with no depreciation being provided, in accordance with the Financial Reporting Standard for Smaller Entities.