Abbreviated Company Accounts - CGC HEATING LTD.

CGC PROPERTY SERVICES LTD - Company Information

08664171 CGC HEATING LTD. 2014-08-31 false 2013-08-27 2014-08-31 true 08664171 2013-08-27 2014-08-31 08664171 2014-08-31 08664171 uk-gaap-cd-bus:Director1 2013-08-27 2014-08-31 08664171 uk-gaap-cd-bus:Director2 2013-08-27 2014-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-08-27 2014-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-08-31 iso4217:GBP shares

Registered Number 08664171

CGC HEATING LTD.

Abbreviated Accounts

31 August 2014

CGC HEATING LTD. Registered Number 08664171

Abbreviated Balance Sheet as at 31 August 2014

	Notes	2014
		£
Fixed assets
Tangible assets	2	4,875
		4,875
Current assets
Cash at bank and in hand		17,469
		17,469
Creditors: amounts falling due within one year		(10,663)
Net current assets (liabilities)		6,806
Total assets less current liabilities		11,681
Total net assets (liabilities)		11,681
Capital and reserves
Called up share capital	3	1
Profit and loss account		11,680
Shareholders' funds		11,681

For the year ending 31 August 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 22 May 2015

And signed on their behalf by:
C Chambers, Director

CGC HEATING LTD. Registered Number 08664171

Notes to the Abbreviated Accounts for the period ended 31 August 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 represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Tangible assets depreciation policy
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Asset class Depreciation method and rate
Motor Vehicles 25% Reducing Balance

Other accounting policies
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2Tangible fixed assets

	£
Cost
Additions	6,500
Disposals	-
Revaluations	-
Transfers	-
At 31 August 2014	6,500
Depreciation
Charge for the year	1,625
On disposals	-
At 31 August 2014	1,625
Net book values
At 31 August 2014	4,875

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

	2014 £
1 Ordinary share of £1 each	1