Vitalcrown Limited - Limited company - abbreviated - 11.6

Vitalcrown Limited - Limited company - abbreviated - 11.6

VITALCROWN LIMITED - Company Information

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REGISTERED NUMBER: 02191701 (England and Wales)





ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2014

FOR

VITALCROWN LIMITED

VITALCROWN LIMITED (REGISTERED NUMBER: 02191701)

CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2014










Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

VITALCROWN LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2014







DIRECTOR: A F Nixey





SECRETARY: Mrs V L Nixey





REGISTERED OFFICE: Lobbersdown Farm
Rycote Lane
Thame
Oxfordshire
OX9 2PB





REGISTERED NUMBER: 02191701 (England and Wales)





Page 1
VITALCROWN LIMITED (REGISTERED NUMBER: 02191701)

ABBREVIATED BALANCE SHEET
31 DECEMBER 2014

31.12.14 31.12.13
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 1,770,967 1,783,436

CURRENT ASSETS
Stocks 534,628 534,628
Debtors 101,483 78,518
Cash at bank 54,746 66,556
690,857 679,702
CREDITORS
Amounts falling due within one year 161,812 256,909
NET CURRENT ASSETS 529,045 422,793
TOTAL ASSETS LESS CURRENT
LIABILITIES
2,300,012
2,206,229

CAPITAL AND RESERVES
Called up share capital 3 1,000 1,000
Revaluation reserve 868,578 868,578
Profit and loss account 1,430,434 1,336,651
SHAREHOLDERS' FUNDS 2,300,012 2,206,229

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 notes form part of these abbreviated accounts

Page 2 continued...
VITALCROWN LIMITED (REGISTERED NUMBER: 02191701)

ABBREVIATED BALANCE SHEET - continued
31 DECEMBER 2014



The financial statements were approved by the director on 28 September 2015 and were signed by:





A F Nixey - Director


The notes form part of these abbreviated accounts

Page 3
VITALCROWN LIMITED (REGISTERED NUMBER: 02191701)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2014


1. ACCOUNTING POLICIES

Accounting convention
The financial statements have been prepared under the historical cost convention as modified by the revaluation
of certain assets and in accordance with the Financial Reporting Standard for Smaller Entities (effective April
2008).

Turnover
Turnover represents net invoiced sales of services, excluding value added tax.

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

Improvements to property - at varying rates on cost
Plant and machinery - 25% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.

Investment properties
Freehold properties held by the company have been treated as investment properties and no depreciation has
been provided in accordance with the Statement of Standard Accounting Practice No. 19.

Although the Companies Act would normally require the systematic annual depreciation of fixed assets, the
directors believe that this policy of not providing depreciation is necessary in order for the accounts to give a true
and fair view, since the current value of investment properties, and changes in the current value, are of prime
importance rather than the calculation of an annual depreciation charge. Depreciation is only one of the many
factors reflected in the annual valuation, and therefore the amount which might have been shown cannot be
separately identified or quantified.

2. TANGIBLE FIXED ASSETS
Total
£   
COST OR VALUATION
At 1 January 2014
and 31 December 2014 1,830,229
DEPRECIATION
At 1 January 2014 46,793
Charge for year 12,469
At 31 December 2014 59,262
NET BOOK VALUE
At 31 December 2014 1,770,967
At 31 December 2013 1,783,436

Page 4 continued...
VITALCROWN LIMITED (REGISTERED NUMBER: 02191701)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2014


3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.14 31.12.13
value: £    £   
1,000 Ordinary £1 1,000 1,000

Page 5