Company Registration No. 07118212 (England and Wales)
Subco2 Ltd
Abbreviated unaudited accounts
for the year ended 31 January 2016
Subco2 Ltd
Abbreviated Balance Sheet
as at
31 January 2016
Tangible assets
9,659
3,953
Cash at bank and in hand
54,352
86,335
Creditors: amounts falling due within one year
(10,521)
(25,842)
Net current assets
44,306
61,374
Called up share capital
13
13
Profit and loss account
53,952
65,314
Total shareholders' funds
53,965
65,327
For the year ending 31 January 2016 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Approved by the board on 10 September 2016
Simon Lewis
Director
Company Registration No. 07118212
Subco2 Ltd
Notes to the Abbreviated Accounts
for the year ended 31 January 2016
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 represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% reducing balance
Fixtures & fittings
25 % reducing balance
Computer equipment
25% reducing balance
2
Tangible fixed assets
Motor vehicles
Computer equipment
Total
At 1 February 2015
6,211
4,175
10,386
Additions
11,650
-
11,650
Disposals
(6,211)
-
(6,211)
At 31 January 2016
11,650
4,175
15,825
At 1 February 2015
3,486
2,947
6,433
Charge for the year
2,912
307
3,219
On disposals
(3,486)
-
(3,486)
At 31 January 2016
2,912
3,254
6,166
At 31 January 2016
8,738
921
9,659
At 31 January 2015
2,725
1,228
3,953
3
Share capital
2016
2015
Allotted, called up and fully paid:
10 Ordinary shares - A Class of £1 each
10
10
1 Ordinary shares - B Class of £1 each
1
1
1 Ordinary shares - C Class of £1 each
1
1
1 Ordinary shares - D Class of £1 each
1
1