Abbreviated Company Accounts - CROWN LUXURY CARS LIMITED

CROWN LUXURY CARS LIMITED - Company Information

01874271 CROWN LUXURY CARS LIMITED 2014-12-31 false 2014-01-01 2014-12-31 true 01874271 2014-01-01 2014-12-31 01874271 2014-12-31 01874271 2013-12-31 01874271 uk-gaap-cd-bus:Director1 2014-01-01 2014-12-31 01874271 uk-gaap-cd-bus:Director2 2014-01-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-01-01 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-31 iso4217:GBP shares

Registered Number 01874271

CROWN LUXURY CARS LIMITED

Abbreviated Accounts

31 December 2014

CROWN LUXURY CARS LIMITED Registered Number 01874271

Abbreviated Balance Sheet as at 31 December 2014

	Notes	2014	2013
		£	£
Fixed assets
Intangible assets	2	10,000	10,000
Tangible assets	3	18,457	-
		28,457	10,000
Current assets
Debtors		-	3,737
Cash at bank and in hand		1,249	2,851
		1,249	6,588
Creditors: amounts falling due within one year		(17,820)	(4,256)
Net current assets (liabilities)		(16,571)	2,332
Total assets less current liabilities		11,886	12,332
Creditors: amounts falling due after more than one year		(19,000)	-
Total net assets (liabilities)		(7,114)	12,332
Capital and reserves
Called up share capital	4	2	2
Profit and loss account		(7,116)	12,330
Shareholders' funds		(7,114)	12,332

For the year ending 31 December 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 June 2015

And signed on their behalf by:
Andrew Osborne, Director

CROWN LUXURY CARS LIMITED Registered Number 01874271

Notes to the Abbreviated Accounts for the period ended 31 December 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 invoiced value of goods and services net of vat

Tangible assets depreciation policy
Depreciation has been provided at the following rates
Plant and machinery 5 years
Leased Vechiles 5 years

2Intangible fixed assets

	£
Cost
At 1 January 2014	10,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2014	10,000
Amortisation
At 1 January 2014	-
Charge for the year	-
On disposals	-
At 31 December 2014	-
Net book values
At 31 December 2014	10,000
At 31 December 2013	10,000

3Tangible fixed assets

	£
Cost
At 1 January 2014	-
Additions	37,645
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2014	37,645
Depreciation
At 1 January 2014	-
Charge for the year	19,188
On disposals	-
At 31 December 2014	19,188
Net book values
At 31 December 2014	18,457
At 31 December 2013	-

4Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
2 A Ordinary shares of £1 each	2	2