Crossfire Properties Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 05126776 (England and Wales)

ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2016

FOR

CROSSFIRE PROPERTIES LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

N Carpenter

Mrs M P Carpenter

SECRETARY:

Mrs M P Carpenter

REGISTERED OFFICE:

Roselands

Gorsthill

Blissgate Rock

Nr Kidderminster

West Midlands

DY14 9YR

REGISTERED NUMBER:

05126776 (England and Wales)

ACCOUNTANTS:

Crombies Accountants Limited

Chartered Accountants

34 Waterloo Road

Wolverhampton

West Midlands

WV1 4DG

CURRENT ASSETS

Debtors

1,116

-

Cash at bank

1,258

3,708

2,374

3,708

CREDITORS

Amounts falling due within one year

1,044

1,092

NET CURRENT ASSETS

1,330

2,616

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,330

2,616

CAPITAL AND RESERVES

Called up share capital

2

Profit and loss account

1,328

2,614

SHAREHOLDERS' FUNDS

1,330

2,616

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 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 10 May 2016 and were signed on its behalf by:

N Carpenter - 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 January 2015).

Turnover

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

Deferred tax

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

sheet date.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

2

ordinary

£1

2

3.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year, the company rented properties to tenants. The properties that were rented are owned by the

directors of Crossfire Properties Limited. During the year to 31st March 2016, the directors charged the

company £85,242 (2015 - £70,393) in rent in respect of these properties.