Abbreviated Company Accounts - CROMPTON COMPONENTS LTD

CROMPTON COMPONENTS LTD - Company Information

07175647 CROMPTON COMPONENTS LTD 2015-12-31 false 2015-01-01 2015-12-31 true 07175647 2015-01-01 2015-12-31 07175647 2015-12-31 07175647 2014-12-31 07175647 uk-gaap-cd-bus:Director1 2015-01-01 2015-12-31 07175647 uk-gaap-cd-bus:Director2 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-01-01 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-31 iso4217:GBP shares

Registered Number 07175647

CROMPTON COMPONENTS LTD

Abbreviated Accounts

31 December 2015

CROMPTON COMPONENTS LTD Registered Number 07175647

Abbreviated Balance Sheet as at 31 December 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	99,959	108,440
		99,959	108,440
Current assets
Stocks		298,201	313,207
Debtors		628,220	509,047
Cash at bank and in hand		17,557	23,280
		943,978	845,534
Prepayments and accrued income		79,690	103,677
Creditors: amounts falling due within one year	3	(789,315)	(742,736)
Net current assets (liabilities)		234,353	206,475
Total assets less current liabilities		334,312	314,915
Accruals and deferred income		(33,099)	(48,115)
Total net assets (liabilities)		301,213	266,800
Capital and reserves
Called up share capital	4	25,000	25,000
Profit and loss account		276,213	241,800
Shareholders' funds		301,213	266,800

For the year ending 31 December 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 29 April 2016

And signed on their behalf by:
John Bradley, Director

CROMPTON COMPONENTS LTD Registered Number 07175647

Notes to the Abbreviated Accounts for the period ended 31 December 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.

Turnover policy
Turnover comprises revenue recognised by the company in respect of goods and services
supplied during the year, exclusive of Value Added Tax and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates
calculated to write off the cost of fixed assets, less their estimated residual value, over their
expected useful lives on the following bases:

Plant & Machinery - 10-50% straight line

2Tangible fixed assets

	£
Cost
At 1 January 2015	167,515
Additions	19,309
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2015	186,824
Depreciation
At 1 January 2015	59,075
Charge for the year	27,790
On disposals	-
At 31 December 2015	86,865
Net book values
At 31 December 2015	99,959
At 31 December 2014	108,440

3Creditors

	2015 £	2014 £
Secured Debts	368,860	253,013

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

	2015 £	2014 £
25,000 Ordinary shares of £1 each	25,000	25,000