Abbreviated Company Accounts - CROWN GUTHRIES LIMITED

CROWN GUTHRIES LIMITED - Company Information

01165967 CROWN GUTHRIES LIMITED 2014-04-30 false 2013-05-01 2014-04-30 true 01165967 2013-05-01 2014-04-30 01165967 2014-04-30 01165967 2013-04-30 01165967 uk-gaap-cd-bus:Director1 2013-05-01 2014-04-30 01165967 uk-gaap-cd-bus:Director2 2013-05-01 2014-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-05-01 2014-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-30 iso4217:GBP shares

Registered Number 01165967

CROWN GUTHRIES LIMITED

Abbreviated Accounts

30 April 2014

CROWN GUTHRIES LIMITED Registered Number 01165967

Abbreviated Balance Sheet as at 30 April 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	52,307	27,951
		52,307	27,951
Current assets
Debtors		44,977	37,007
Cash at bank and in hand		18,739	30,349
		63,716	67,356
Creditors: amounts falling due within one year		(43,537)	(50,475)
Net current assets (liabilities)		20,179	16,881
Total assets less current liabilities		72,486	44,832
Total net assets (liabilities)		72,486	44,832
Capital and reserves
Called up share capital	3	55,000	55,000
Profit and loss account		17,486	(10,168)
Shareholders' funds		72,486	44,832

For the year ending 30 April 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 30 April 2015

And signed on their behalf by:
m mahroof, Director

CROWN GUTHRIES LIMITED Registered Number 01165967

Notes to the Abbreviated Accounts for the period ended 30 April 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax

Tangible assets depreciation policy
Tangible fixed assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible fixed assets, less their estimated residual value, over their expected useful lives as follows:

Fixtures, fittings and equipment - 15% Reducing Balance
Motor vehicles - 25% Reducing Balance

The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.

2Tangible fixed assets

	£
Cost
At 1 May 2013	138,694
Additions	33,600
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2014	172,294
Depreciation
At 1 May 2013	110,743
Charge for the year	9,244
On disposals	-
At 30 April 2014	119,987
Net book values
At 30 April 2014	52,307
At 30 April 2013	27,951

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
55,000 Ordinary shares of £1 each	55,000	55,000