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REGISTERED NUMBER: 05031689 (England and Wales)















ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2016

FOR

COTTAGE FENCING LIMITED

COTTAGE FENCING LIMITED (REGISTERED NUMBER: 05031689)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2016




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

COTTAGE FENCING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2016







DIRECTOR: R Hennell





REGISTERED OFFICE: The Cottage
Horncastle Road
Bardney
Lincoln
Lincolnshire
LN3 5SU





REGISTERED NUMBER: 05031689 (England and Wales)





ACCOUNTANTS: Russell Payne & Co Limited
Landmark House
1 Riseholme Road
Lincoln
Lincolnshire
LN1 3SN

COTTAGE FENCING LIMITED (REGISTERED NUMBER: 05031689)

ABBREVIATED BALANCE SHEET
31 MARCH 2016

2016 2015
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 10,004 13,337
Tangible assets 3 48,472 26,524
58,476 39,861

CURRENT ASSETS
Stocks 3,500 3,500
Debtors 22,751 33,781
Cash at bank 8,880 1,482
35,131 38,763
CREDITORS
Amounts falling due within one year 76,286 71,033
NET CURRENT LIABILITIES (41,155 ) (32,270 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

17,321

7,591

CREDITORS
Amounts falling due after more than one
year

9,500

-
NET ASSETS 7,821 7,591

CAPITAL AND RESERVES
Called up share capital 4 2 2
Profit and loss account 7,819 7,589
SHAREHOLDERS' FUNDS 7,821 7,591

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

COTTAGE FENCING LIMITED (REGISTERED NUMBER: 05031689)

ABBREVIATED BALANCE SHEET - continued
31 MARCH 2016


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 director on 14 October 2016 and were signed by:





R Hennell - Director


COTTAGE FENCING LIMITED (REGISTERED NUMBER: 05031689)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2004, is being amortised evenly over its estimated useful life of fifteen years.

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 - 25% on reducing balance and 15% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow
moving items.

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

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the
period of the lease.

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1 April 2015
and 31 March 2016 50,000
AMORTISATION
At 1 April 2015 36,663
Amortisation for year 3,333
At 31 March 2016 39,996
NET BOOK VALUE

At 31 March 2016 10,004
At 31 March 2015 13,337

COTTAGE FENCING LIMITED (REGISTERED NUMBER: 05031689)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 31 MARCH 2016

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 April 2015 67,298
Additions 42,634
Disposals (30,500 )
At 31 March 2016 79,432
DEPRECIATION
At 1 April 2015 40,774
Charge for year 10,841
Eliminated on disposal (20,655 )
At 31 March 2016 30,960
NET BOOK VALUE
At 31 March 2016 48,472
At 31 March 2015 26,524

4. CALLED UP SHARE CAPITAL

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