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REGISTERED NUMBER: 07851924 (England and Wales)















Abbreviated Unaudited Accounts

for the Year Ended 30th November 2016

for

Colne Limited

Colne Limited (Registered number: 07851924)






Contents of the Abbreviated Accounts
for the Year Ended 30th November 2016




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

Colne Limited

Company Information
for the Year Ended 30th November 2016







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 2016

2016 2015
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 6,830 5,605

CURRENT ASSETS
Stocks and work in progress 60,000 40,000
Debtors 103,304 90,339
Cash at bank 130,683 120,263
293,987 250,602
CREDITORS
Amounts falling due within one year 81,580 83,206
NET CURRENT ASSETS 212,407 167,396
TOTAL ASSETS LESS CURRENT
LIABILITIES

219,237

173,001

PROVISIONS FOR LIABILITIES 1,366 1,121
NET ASSETS 217,871 171,880

CAPITAL AND RESERVES
Called up share capital 3 2 2
Profit and loss account 217,869 171,878
SHAREHOLDERS' FUNDS 217,871 171,880

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th November 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th November 2016 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 24th March 2017 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 2016

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 January 2015).

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 2015 8,783
Additions 2,571
At 30th November 2016 11,354
DEPRECIATION
At 1st December 2015 3,178
Charge for year 1,346
At 30th November 2016 4,524
NET BOOK VALUE
At 30th November 2016 6,830
At 30th November 2015 5,605

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2016 2015
value: £    £   
2 Ordinary £1 2 2