Abbreviated Company Accounts - CIRCLEFLEET LIMITED

CIRCLEFLEET LIMITED - Company Information

04968888 CIRCLEFLEET LIMITED 2015-04-30 false 2013-12-01 2015-04-30 true 04968888 2013-12-01 2015-04-30 04968888 2015-04-30 04968888 2013-11-30 04968888 uk-gaap-cd-bus:Director1 2013-12-01 2015-04-30 04968888 uk-gaap-cd-bus:Director2 2013-12-01 2015-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-01 2015-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-11-30 iso4217:GBP shares

Registered Number 04968888

CIRCLEFLEET LIMITED

Abbreviated Accounts

30 April 2015

CIRCLEFLEET LIMITED Registered Number 04968888

Abbreviated Balance Sheet as at 30 April 2015

	Notes	30/04/2015	30/11/2013
		£	£
Fixed assets
Tangible assets	2	64,000	72,000
		64,000	72,000
Creditors: amounts falling due within one year	3	(81,470)	(80,327)
Net current assets (liabilities)		(81,470)	(80,327)
Total assets less current liabilities		(17,470)	(8,327)
Total net assets (liabilities)		(17,470)	(8,327)
Capital and reserves
Called up share capital	4	1,000	1,000
Profit and loss account		(18,470)	(9,327)
Shareholders' funds		(17,470)	(8,327)

For the year ending 30 April 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 1 September 2015

And signed on their behalf by:
Paul Andy Williams, Director

CIRCLEFLEET LIMITED Registered Number 04968888

Notes to the Abbreviated Accounts for the period ended 30 April 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.

2Tangible fixed assets

	£
Cost
At 1 December 2013	80,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2015	80,000
Depreciation
At 1 December 2013	8,000
Charge for the year	8,000
On disposals	-
At 30 April 2015	16,000
Net book values
At 30 April 2015	64,000
At 30 November 2013	72,000

The company acquired a yacht on the 20 November 2003 which was not recorded in the books
and records along with the associated depreciation charge
in the Financial Years ended from the 30.11.2004 to 30.04.2015.
Under UK GAAP a prior year adjustment is made for a change in
accounting policy or for a fundamental error.
A fundamental error is defined by FRS 3 as an error of such significance as to destroy
the true and fair view of the Financial Statements.
The Prior year error was considered to be fundamental and was corrected by retrospective
restatement of the 2013 comparative numbers to address the acquisition of the yacht and the
recording of the associated depreciation charge.

3Creditors

	30/04/2015 £	30/11/2013 £
Secured Debts	81,470	80,327

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

	30/04/2015 £	30/11/2013 £
1,000 Ordinary shares of £1 each	1,000	1,000