Abbreviated Company Accounts - KROWN TRADING LTD

07779777 KROWN TRADING LTD 2015-08-31 false 2014-09-01 2015-08-31 true 07779777 2014-09-01 2015-08-31 07779777 2015-08-31 07779777 2014-08-31 07779777 uk-gaap-cd-bus:Director1 2014-09-01 2015-08-31 07779777 uk-gaap-cd-bus:Director2 2014-09-01 2015-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-09-01 2015-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-08-31 iso4217:GBP shares

Registered Number 07779777

KROWN TRADING LTD

Abbreviated Accounts

31 August 2015

KROWN TRADING LTD Registered Number 07779777

Abbreviated Balance Sheet as at 31 August 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	200	267
		200	267
Current assets
Debtors		195,631	209,463
Cash at bank and in hand		422,740	260,859
		618,371	470,322
Creditors: amounts falling due within one year		(255,217)	(259,926)
Net current assets (liabilities)		363,154	210,396
Total assets less current liabilities		363,354	210,663
Accruals and deferred income		(17,300)	(17,992)
Total net assets (liabilities)		346,054	192,671
Capital and reserves
Called up share capital	3	2	2
Other reserves		346,052	192,669
Shareholders' funds		346,054	192,671

For the year ending 31 August 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 19 June 2016

And signed on their behalf by:
A Krausz, Director

KROWN TRADING LTD Registered Number 07779777

Notes to the Abbreviated Accounts for the period ended 31 August 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 fees receivable during the period.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost of each asset over its expected useful life as follows:
Fixtures & Fittings - 25% reducing balance

2Tangible fixed assets

	£
Cost
At 1 September 2014	632
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 August 2015	632
Depreciation
At 1 September 2014	365
Charge for the year	67
On disposals	-
At 31 August 2015	432
Net book values
At 31 August 2015	200
At 31 August 2014	267

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

	2015 £	2014 £
2 Ordinary shares of £1 each	2	2