Abbreviated Company Accounts - CROFT COMMERCIAL VEHICLES LIMITED

CROFT COMMERCIAL VEHICLES LIMITED - Company Information

07649384 CROFT COMMERCIAL VEHICLES LIMITED 2015-11-30 false 2014-12-01 2015-11-30 true 07649384 2014-12-01 2015-11-30 07649384 2015-11-30 07649384 2014-11-30 07649384 uk-gaap-cd-bus:Director1 2014-12-01 2015-11-30 07649384 uk-gaap-cd-bus:Director2 2014-12-01 2015-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-01 2015-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-11-30 uk-gaap-cd-bus:OrdinaryShareClass2 2014-12-01 2015-11-30 uk-gaap-cd-bus:OrdinaryShareClass2 2015-11-30 uk-gaap-cd-bus:OrdinaryShareClass2 2014-11-30 iso4217:GBP shares

Registered Number 07649384

CROFT COMMERCIAL VEHICLES LIMITED

Abbreviated Accounts

30 November 2015

CROFT COMMERCIAL VEHICLES LIMITED Registered Number 07649384

Abbreviated Balance Sheet as at 30 November 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	35,191	33,881
		35,191	33,881
Current assets
Stocks		3,005	1,633
Debtors		175,141	144,208
Cash at bank and in hand		50,537	18,158
		228,683	163,999
Creditors: amounts falling due within one year		(247,702)	(189,473)
Net current assets (liabilities)		(19,019)	(25,474)
Total assets less current liabilities		16,172	8,407
Creditors: amounts falling due after more than one year		(3,834)	-
Provisions for liabilities		(5,554)	(4,969)
Total net assets (liabilities)		6,784	3,438
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		6,684	3,338
Shareholders' funds		6,784	3,438

For the year ending 30 November 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 16 August 2016

And signed on their behalf by:
S C Meadowcroft, Director

CROFT COMMERCIAL VEHICLES LIMITED Registered Number 07649384

Notes to the Abbreviated Accounts for the period ended 30 November 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 total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life as follows; Leasehold properties-straight line over the life of the lease, Plant and machinery-25% reducing balance basis, Fixtures,fittings and equipment-15% reducing balance basis, Motor vehicles-25% reducing balance basis.

2Tangible fixed assets

	£
Cost
At 1 December 2014	67,915
Additions	12,640
Disposals	-
Revaluations	-
Transfers	-
At 30 November 2015	80,555
Depreciation
At 1 December 2014	34,034
Charge for the year	11,330
On disposals	-
At 30 November 2015	45,364
Net book values
At 30 November 2015	35,191
At 30 November 2014	33,881

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

	2015 £	2014 £
50 A Ordinary shares of £1 each	50	50
50 B Ordinary shares of £1 each	50	50