CRISTECH_LIMITED - Accounts

CRISTECH LIMITED - Company Information

Print Friendly Version

Company Registration No. 04445983 (England and Wales)

CRISTECH LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2016

CRISTECH LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

CRISTECH LIMITED

ABBREVIATED BALANCE SHEET

AS AT

31 MAY 2016

- 1 -

2016

2015

Notes

Fixed assets

Tangible assets

136

Current assets

Debtors

2,164

Cash at bank and in hand

6,048

4,477

6,048

6,641

Creditors: amounts falling due within one year

(5,612)

(3,046)

Net current assets

436

3,595

Total assets less current liabilities

436

3,731

Provisions for liabilities

(27)

436

3,704

Capital and reserves

Called up share capital

Profit and loss account

434

3,702

Shareholders' funds

436

3,704

For the financial year ended 31 May 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 19 August 2016

M Cristinacce

Director

Company Registration No. 04445983

CRISTECH LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MAY 2016

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable accounting standards.

1.3

Turnover

Turnover represents amounts receivable for goods and services.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Fixtures, fittings & equipment

15% Reducing Balance/ 33% Straight line

1.5

Deferred taxation

Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

Fixed assets

Tangible assets

Cost

At 1 June 2015

5,240

Additions

550

Disposals

(5,790)

At 31 May 2016

Depreciation

At 1 June 2015

5,103

On disposals

(5,242)

Charge for the year

139

At 31 May 2016

Net book value

At 31 May 2016

At 31 May 2015

136

CRISTECH LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 MAY 2016

- 3 -

Share capital

2016

2015

Allotted, called up and fully paid

1 Ordinary 'A' Share of £1 each

1 Ordinary 'B' Share of £1 each