CREST_GLOBAL_AUTOMOTIVE_U - Accounts
CREST_GLOBAL_AUTOMOTIVE_U - Accounts
Company Registration No. 06776240 (England and Wales)
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2014
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2
ABBREVIATED BALANCE SHEET
AS AT
30 APRIL 2014
- 1 -
2014
2013
Notes
£
£
£
£
Current assets
Stocks
Debtors
Cash at bank and in hand
Creditors: amounts falling due within one year
(429,817 )
(456,884 )
Total assets less current liabilities
Capital and reserves
Called up share capital
2
Profit and loss account
Shareholders' funds
Directors' responsibilities:
-
-
Approved by the Board for issue on 9 September 2014
Director
Company Registration No. 06776240
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 APRIL 2014
- 2 -
1
Accounting policies
1.1
Accounting convention
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently.
1.3
Turnover
1.4
Foreign currency translation
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All differences are taken to profit and loss account.
2
Share capital
2014
2013
£
£
Allotted, called up and fully paid
3
Transactions with directors
Rent of £6,000 (2013:£6,000) was paid to one of the directors, TEC Stuart.
£69,795 (2013:£10,162) was owed to one of the directors, TEC Stuart.
An amount of £104,550 (2013:£96,980) was due by DUK Scrap Metals Limited, a company in which one of this company's directors, TE Stuart, is also a director and shareholder. A management charge of £24,000 (2013:£20,000) was rendered by this company.