CRG Research & Development Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 07184836 (England and Wales)

CRG RESEARCH & DEVELOPMENT LIMITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31ST AUGUST 2014

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

C H Ranby Gorwood

SECRETARY:

REGISTERED OFFICE:

Greetwell Place

2 Limekiln Way

Greetwell Road

Lincoln

Lincolnshire

LN2 4US

REGISTERED NUMBER:

07184836 (England and Wales)

ACCOUNTANTS:

Weaver Wroot

Chartered Certified Accountants

28 Dudley Street

Grimsby

N E Lincolnshire

DN31 2AB

FIXED ASSETS

Tangible assets

2

423,838

424,069

CURRENT ASSETS

Debtors

2,388

5,695

Cash at bank and in hand

281

199

2,669

5,894

CREDITORS

Amounts falling due within one year

117,413

94,200

NET CURRENT LIABILITIES

(114,744

)

(88,306

)

TOTAL ASSETS LESS CURRENT LIABILITIES

309,094

335,763

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

308,994

335,663

SHAREHOLDERS' FUNDS

309,094

335,763

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st August 2014 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.

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 21st May 2015 and were signed by:

C H Ranby Gorwood - 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).

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

-

25% on reducing balance

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.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st September 2013

439,863

Additions

3,910

At 31st August 2014

443,773

DEPRECIATION

At 1st September 2013

15,794

Charge for year

4,141

At 31st August 2014

19,935

NET BOOK VALUE

At 31st August 2014

423,838

At 31st August 2013

424,069

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

1

Ordinary

£1

100

100