Registered Number 07084323

COATES SOLICITORS LIMITED

Abbreviated Accounts

30 November 2014

COATES SOLICITORS LIMITED Registered Number 07084323

Abbreviated Balance Sheet as at 30 November 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 1,441 1,272
1,441 1,272
Current assets
Debtors 3 9,343 17,543
Cash at bank and in hand 544,194 280,467
553,537 298,010
Creditors: amounts falling due within one year 4 (120,342) (107,477)
Net current assets (liabilities) 433,195 190,533
Total assets less current liabilities 434,636 191,805
Total net assets (liabilities) 434,636 191,805
Capital and reserves
Called up share capital 5 100 100
Profit and loss account 434,536 191,705
Shareholders' funds 434,636 191,805
  • For the year ending 30 November 2014 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 19 August 2015

And signed on their behalf by:
Lindsay J Coates, Director

COATES SOLICITORS LIMITED Registered Number 07084323

Notes to the Abbreviated Accounts for the period ended 30 November 2014

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
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Office Equipment 25% reducing balance method
Fixture and fittings 25% reducing balance method.

2Tangible fixed assets
£
Cost
At 1 December 2013 4,020
Additions 651
Disposals -
Revaluations -
Transfers -
At 30 November 2014 4,671
Depreciation
At 1 December 2013 2,748
Charge for the year 482
On disposals -
At 30 November 2014 3,230
Net book values
At 30 November 2014 1,441
At 30 November 2013 1,272
3Debtors
2014
£
2013
£
Debtors include the following amounts due after more than one year 9,343 17,543
4Creditors
2014
£
2013
£
Secured Debts 120,340 107,477
5Called Up Share Capital
Allotted, called up and fully paid:
2014
£
2013
£
100 Ordinary shares of £1 each 100 100