Abbreviated Company Accounts - CROWDED ISLAND LTD

Abbreviated Company Accounts - CROWDED ISLAND LTD


Registered Number 08593792

CROWDED ISLAND LTD

Abbreviated Accounts

31 July 2014

CROWDED ISLAND LTD Registered Number 08593792

Abbreviated Balance Sheet as at 31 July 2014

Notes 2014
£
Fixed assets
Tangible assets 2 1,012
1,012
Current assets
Debtors 225
Cash at bank and in hand 36,684
36,909
Creditors: amounts falling due within one year (19,071)
Net current assets (liabilities) 17,838
Total assets less current liabilities 18,850
Total net assets (liabilities) 18,850
Capital and reserves
Called up share capital 3 1
Profit and loss account 18,849
Shareholders' funds 18,850
  • For the year ending 31 July 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 2 April 2015

And signed on their behalf by:
Hugo Amos, Director

CROWDED ISLAND LTD Registered Number 08593792

Notes to the Abbreviated Accounts for the period ended 31 July 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of certain fixed assets, and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover policy
Turnover represents value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Motor vehicles 25% straight line
Equipment, fixtures and fittings 25% straight line

2Tangible fixed assets
£
Cost
Additions 1,350
Disposals -
Revaluations -
Transfers -
At 31 July 2014 1,350
Depreciation
Charge for the year 338
On disposals -
At 31 July 2014 338
Net book values
At 31 July 2014 1,012
3Called Up Share Capital
Allotted, called up and fully paid:
2014
£
1 Ordinary shares of £1 each 1