Company Registration No. 5036510 (England and Wales)
COOLROE PROPERTIES LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2015
COOLROE PROPERTIES LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2
COOLROE PROPERTIES LIMITED
ABBREVIATED BALANCE SHEET
AS AT
28 FEBRUARY 2015
28 February 2015
- 1 -
2015
2014
Notes
£
£
£
£
Fixed assets
Tangible assets
2
4,128
4,856
Current assets
Debtors
5,047
5,047
Cash at bank and in hand
7,131
10,971
12,178
16,018
Creditors: amounts falling due within one year
(2,282)
(2,015)
Net current assets
9,896
14,003
Total assets less current liabilities
14,024
18,859
Capital and reserves
Called up share capital
3
1
1
Profit and loss account
14,023
18,858
Shareholders' funds
14,024
18,859
For the financial year ended 28 February 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 16 November 2015
H Fitzgerald
Director
Company Registration No. 5036510
COOLROE PROPERTIES LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 28 FEBRUARY 2015
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
1.2
Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.
1.3
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Fixtures, fittings & equipment
15% Reducing Balance Method
1.4
Leasing
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
2
Fixed assets
Tangible assets
£
Cost
At 1 March 2014 & at 28 February 2015
21,750
Depreciation
At 1 March 2014
16,894
Charge for the year
728
At 28 February 2015
17,622
Net book value
At 28 February 2015
4,128
At 28 February 2014
4,856
3
Share capital
2015
2014
£
£
Allotted, called up and fully paid
1 Ordinary shares of £1 each
1
1