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REGISTERED NUMBER: 07851924 (England and Wales)















Abbreviated Unaudited Accounts

for the Year Ended 30th November 2014

for

Colne Limited

Colne Limited (Registered number: 07851924)






Contents of the Abbreviated Accounts
for the Year Ended 30th November 2014




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

Colne Limited

Company Information
for the Year Ended 30th November 2014







DIRECTORS: D J Nutt
Mrs D L Nutt





REGISTERED OFFICE: Southway House
29 Southway
Colchester
Essex
CO2 7BA





REGISTERED NUMBER: 07851924 (England and Wales)

Colne Limited (Registered number: 07851924)

Abbreviated Balance Sheet
30th November 2014

2014 2013
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 4,496 3,768

CURRENT ASSETS
Stocks and work in progress 33,000 51,859
Debtors 73,259 46,039
Cash at bank and in hand 100,328 32,165
206,587 130,063
CREDITORS
Amounts falling due within one year 63,295 42,709
NET CURRENT ASSETS 143,292 87,354
TOTAL ASSETS LESS CURRENT
LIABILITIES

147,788

91,122

PROVISIONS FOR LIABILITIES 899 754
NET ASSETS 146,889 90,368

CAPITAL AND RESERVES
Called up share capital 3 2 2
Profit and loss account 146,887 90,366
SHAREHOLDERS' FUNDS 146,889 90,368

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th November 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th November 2014 in accordance with Section 476 of the Companies Act 2006.

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.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


The financial statements were approved by the Board of Directors on 5th April 2015 and were signed on its behalf by:





D J Nutt - Director


Colne Limited (Registered number: 07851924)

Notes to the Abbreviated Accounts
for the Year Ended 30th November 2014

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 April 2008).

Turnover
Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc - 20% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension
scheme are charged to the profit and loss account in the period to which they relate.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1st December 2013 4,993
Additions 1,638
At 30th November 2014 6,631
DEPRECIATION
At 1st December 2013 1,225
Charge for year 910
At 30th November 2014 2,135
NET BOOK VALUE
At 30th November 2014 4,496
At 30th November 2013 3,768

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2014 2013
value: £    £   
2 Ordinary £1 2 2