Abbreviated Company Accounts - CAN DO CREW LIMITED

CAN DO CREW LIMITED - Company Information

Registered Number 07032773

CAN DO CREW LIMITED

Abbreviated Accounts

30 September 2014

CAN DO CREW LIMITED Registered Number 07032773

Abbreviated Balance Sheet as at 30 September 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	40,425	-
		40,425	-
Current assets
Debtors		641	701
Cash at bank and in hand		502	1,491
		1,143	2,192
Creditors: amounts falling due within one year		(20,783)	0
Net current assets (liabilities)		(19,640)	2,192
Total assets less current liabilities		20,785	2,192
Creditors: amounts falling due after more than one year		(17,504)	-
Total net assets (liabilities)		3,281	2,192
Capital and reserves
Called up share capital		2,500	3,000
Other reserves		5,000	5,000
Profit and loss account		(4,219)	(5,808)
Shareholders' funds		3,281	2,192

For the year ending 30 September 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 31 July 2015

And signed on their behalf by:
L Chandler, Director

CAN DO CREW LIMITED Registered Number 07032773

Notes to the Abbreviated Accounts for the period ended 30 September 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 good, excluding value added tax.

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

Plant and machinery etc - 15% reducing balance

Other accounting policies
Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lase term, whichever is shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The capital element of the future payments is treated as a liability.

2Tangible fixed assets

	£
Cost
At 1 October 2013	-
Additions	42,000
Disposals	-
Revaluations	-
Transfers	-
At 30 September 2014	42,000
Depreciation
At 1 October 2013	-
Charge for the year	1,575
On disposals	-
At 30 September 2014	1,575
Net book values
At 30 September 2014	40,425
At 30 September 2013	-