Craft Pegg Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 04752249 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MAY 2015

FOR

CRAFT PEGG LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

P B Craft

J R Pegg

SECRETARY:

P B Craft

REGISTERED OFFICE:

52 Great Eastern Street

London

EC2A 3EP

REGISTERED NUMBER:

04752249 (England and Wales)

ACCOUNTANTS:

Oppenheim Scroxton

52 Great Eastern Street

London

EC2A 3EP

FIXED ASSETS

Tangible assets

2

2,795

3,727

CURRENT ASSETS

Debtors

23,459

25,016

Cash in hand

2,016

721

25,475

25,737

CREDITORS

Amounts falling due within one year

29,156

29,706

NET CURRENT LIABILITIES

(3,681

)

(3,969

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(886

)

(242

)

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

(888

)

(244

)

SHAREHOLDERS' FUNDS

(886

)

(242

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 financial statements were approved by the Board of Directors on 19 February 2016 and were signed on its behalf by:

P B Craft - Director

J R Pegg - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, 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.

Computer equipment

-

25% on reducing balance

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2014

and 31 May 2015

9,396

DEPRECIATION

At 1 June 2014

5,669

Charge for year

932

At 31 May 2015

6,601

NET BOOK VALUE

At 31 May 2015

2,795

At 31 May 2014

3,727

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

2

Ordinary

£1

2

2