Abbreviated Company Accounts - CRESTMATCH LIMITED

CRESTMATCH LIMITED - Company Information

Registered Number 02880234

CRESTMATCH LIMITED

Abbreviated Accounts

31 January 2015

CRESTMATCH LIMITED Registered Number 02880234

Abbreviated Balance Sheet as at 31 January 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	558,212	558,212
		558,212	558,212
Current assets
Debtors		190,993	194,373
		190,993	194,373
Creditors: amounts falling due within one year		(41,261)	(38,154)
Net current assets (liabilities)		149,732	156,219
Total assets less current liabilities		707,944	714,431
Creditors: amounts falling due after more than one year		(387,095)	(401,753)
Total net assets (liabilities)		320,849	312,678
Capital and reserves
Called up share capital		2	2
Revaluation reserve		315,365	315,365
Profit and loss account		5,482	(2,689)
Shareholders' funds		320,849	312,678

For the year ending 31 January 2015 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 October 2015

And signed on their behalf by:
Mr J Spitzer, Director

CRESTMATCH LIMITED Registered Number 02880234

Notes to the Abbreviated Accounts for the period ended 31 January 2015

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.

Other accounting policies
Investment properties are revalued annually and the aggregate surplus or deficit transferred to the revaluation reserve except where any deficit is deemed permanent when it is taken to the Profit and Loss Account. No provision is made for depreciation of investment properties. This departure from the requirements of the Companies Act 2006, which requires all properties to be depreciated is, in the opinion of the directors, necessary for the accounts to show a true and fair view. The depreciation charge is only one of the factors reflected in the annual valuation and, therefore, the effect of the departure cannot be readily quantified. The directors consider that this policy results in the accounts giving a true and fair view.

2Tangible fixed assets

	£
Cost
At 1 February 2014	558,212
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 January 2015	558,212
Depreciation
At 1 February 2014	-
Charge for the year	-
On disposals	-
At 31 January 2015	-
Net book values
At 31 January 2015	558,212
At 31 January 2014	558,212