Abbreviated Company Accounts - KRUGER COWNE LTD.

04226550 KRUGER COWNE LTD. 2015-06-30 false 2014-07-01 2015-06-30 true 04226550 2014-07-01 2015-06-30 04226550 2015-06-30 04226550 2014-06-30 04226550 uk-gaap-cd-bus:Director1 2014-07-01 2015-06-30 04226550 uk-gaap-cd-bus:Director2 2014-07-01 2015-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-07-01 2015-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-06-30 iso4217:GBP shares

Registered Number 04226550

KRUGER COWNE LTD.

Abbreviated Accounts

30 June 2015

KRUGER COWNE LTD. Registered Number 04226550

Abbreviated Balance Sheet as at 30 June 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	375,894	365,404
		375,894	365,404
Current assets
Debtors		213,360	521,990
Cash at bank and in hand		178,672	382,055
		392,032	904,045
Creditors: amounts falling due within one year		(1,231,443)	(2,761,199)
Net current assets (liabilities)		(839,411)	(1,857,154)
Total assets less current liabilities		(463,517)	(1,491,750)
Creditors: amounts falling due after more than one year		(238,090)	(238,090)
Total net assets (liabilities)		(701,607)	(1,729,840)
Capital and reserves
Called up share capital	3	1,001,000	1,000
Profit and loss account		(1,702,607)	(1,730,840)
Shareholders' funds		(701,607)	(1,729,840)

For the year ending 30 June 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 June 2016

And signed on their behalf by:
Mark Nelthorpe-Cowne, Director

KRUGER COWNE LTD. Registered Number 04226550

Notes to the Abbreviated Accounts for the period ended 30 June 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 represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Investment properties NIL%
Office equipment and fixtures 25% reducing balance
Motor vehicles 25% reducing balance

Other accounting policies
Foreign currencies
Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the rate of exchange ruling at the balance sheet date. All differences are taken to the profit and loss account.

2Tangible fixed assets

	£
Cost
At 1 July 2014	471,996
Additions	19,333
Disposals	-
Revaluations	-
Transfers	-
At 30 June 2015	491,329
Depreciation
At 1 July 2014	106,592
Charge for the year	8,843
On disposals	-
At 30 June 2015	115,435
Net book values
At 30 June 2015	375,894
At 30 June 2014	365,404

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
1,001,000 Ordinary shares of £1 each (1,000 shares for 2014)	1,001,000	1,000