| Croome Antiques Limited |
| Registered number: |
07284257 |
| Abbreviated Balance Sheet |
| as at 30 June 2014 |
|
| Notes |
|
|
2014 |
|
|
2013 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
118 |
|
|
235 |
|
| Current assets |
| Stocks |
|
|
34,614 |
|
|
26,917 |
| Debtors |
|
|
1,032 |
|
|
2,733 |
| Cash at bank and in hand |
|
|
5,388 |
|
|
710 |
|
|
|
41,034 |
|
|
30,360 |
|
| Creditors: amounts falling due within one year |
|
|
(21,133) |
|
|
(3,543) |
|
| Net current assets |
|
|
|
19,901 |
|
|
26,817 |
|
| Total assets less current liabilities |
|
|
|
20,019 |
|
|
27,052 |
|
| Creditors: amounts falling due after more than one year |
|
|
|
(27,374) |
|
|
(25,546) |
|
|
|
| Net (liabilities)/assets |
|
|
|
(7,355) |
|
|
1,506 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
3 |
|
|
2 |
|
|
2 |
| Profit and loss account |
|
|
|
(7,357) |
|
|
1,504 |
|
| Shareholders' funds |
|
|
|
(7,355) |
|
|
1,506 |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| Lee Hammond |
| Director |
| Approved by the board on 27 March 2015 |
|
| Croome Antiques Limited |
| Notes to the Abbreviated Accounts |
| for the year ended 30 June 2014 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts 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 the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant and machinery |
50% reducing balance |
|
|
Stocks |
|
Stock is valued at the lower of cost and net realisable value. |
|
|
| 2 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 July 2013 |
471 |
|
At 30 June 2014 |
471 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 July 2013 |
236 |
|
Charge for the year |
117 |
|
At 30 June 2014 |
353 |
|
|
|
|
|
|
|
|
Net book value |
|
At 30 June 2014 |
118 |
|
At 30 June 2013 |
235 |
|
|
|
|
|
|
|
|
| 3 |
Share capital |
Nominal |
|
2014 |
|
2014 |
|
2013 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
- |
|
2 |
|
2 |
|
|
|
|
|
|
|
|
|
