Abbreviated Company Accounts - CRAY & NORTON ESTATE AGENTS LIMITED

CRAY & NORTON ESTATE AGENTS LIMITED - Company Information

05478005 CRAY & NORTON ESTATE AGENTS LIMITED 2014-08-31 false 2013-09-01 2014-08-31 true 05478005 2013-09-01 2014-08-31 05478005 2014-08-31 05478005 2013-08-31 05478005 uk-gaap-cd-bus:Director1 2013-09-01 2014-08-31 05478005 uk-gaap-cd-bus:Director2 2013-09-01 2014-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-09-01 2014-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-08-31 iso4217:GBP shares

Registered Number 05478005

CRAY & NORTON ESTATE AGENTS LIMITED

Abbreviated Accounts

31 August 2014

CRAY & NORTON ESTATE AGENTS LIMITED Registered Number 05478005

Abbreviated Balance Sheet as at 31 August 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	2,153	3,050
		2,153	3,050
Current assets
Debtors		145,595	119,472
Cash at bank and in hand		72,097	18,547
		217,692	138,019
Creditors: amounts falling due within one year		(201,592)	(124,906)
Net current assets (liabilities)		16,100	13,113
Total assets less current liabilities		18,253	16,163
Creditors: amounts falling due after more than one year		(12,909)	(15,405)
Total net assets (liabilities)		5,344	758
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		5,244	658
Shareholders' funds		5,344	758

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 26 May 2015

And signed on their behalf by:
Mrs A Cray, Director

CRAY & NORTON ESTATE AGENTS LIMITED Registered Number 05478005

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 net invoiced sales of services, excluding value added tax.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings - 25% on reducing balance
Computer equipment - 33% on reducing balance

Other accounting policies
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.

2Tangible fixed assets

	£
Cost
At 1 September 2013	14,289
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 August 2014	14,289
Depreciation
At 1 September 2013	11,239
Charge for the year	897
On disposals	-
At 31 August 2014	12,136
Net book values
At 31 August 2014	2,153
At 31 August 2013	3,050

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

	2014 £	2013 £
100 Ordinary shares of £1 each	100	100