C & R Driveways Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 07094139 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2014

FOR

C & R DRIVEWAYS LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

C A Hackett

R L Hackett

REGISTERED OFFICE:

The Squires

5 Walsall Street

Wednesbury

West Midlands

WS10 9BZ

REGISTERED NUMBER:

07094139 (England and Wales)

ACCOUNTANTS:

Wright & Co Partnership Limited

Chartered Accountants

5 Walsall Street

Wednesbury

West Midlands

WS10 9BZ

FIXED ASSETS

Tangible assets

2

3,108

3,837

CURRENT ASSETS

Debtors

12,317

9,281

Cash at bank

6,083

9,286

18,400

18,567

CREDITORS

Amounts falling due within one year

9,342

8,399

NET CURRENT ASSETS

9,058

10,168

TOTAL ASSETS LESS CURRENT LIABILITIES

12,166

14,005

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

12,066

13,905

SHAREHOLDERS' FUNDS

12,166

14,005

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 19 March 2015 and were signed on its behalf by:

C A Hackett - Director

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 services, 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.

Motor vehicles

-

25% on reducing balance

Deferred tax

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

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2014

9,249

Additions

100

At 31 December 2014

9,349

DEPRECIATION

At 1 January 2014

5,412

Charge for year

829

At 31 December 2014

6,241

NET BOOK VALUE

At 31 December 2014

3,108

At 31 December 2013

3,837

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

100

Ordinary

£1

100

100

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Dividends paid to directors:

Dividends paid to directors in their capacity as shareholders during the year included £ 26,538 to C Hackett and £ 6,634 to R

Hackett.