Abbreviated Company Accounts - CROWN LUXURY CARS LIMITED

CROWN LUXURY CARS LIMITED - Company Information

01874271 CROWN LUXURY CARS LIMITED 2015-12-31 false 2015-01-01 2015-12-31 true 01874271 2015-01-01 2015-12-31 01874271 2015-12-31 01874271 2014-12-31 01874271 uk-gaap-cd-bus:Director1 2015-01-01 2015-12-31 01874271 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 01874271

CROWN LUXURY CARS LIMITED

Abbreviated Accounts

31 December 2015

CROWN LUXURY CARS LIMITED Registered Number 01874271

Abbreviated Balance Sheet as at 31 December 2015

	Notes	2015	2014
		£	£
Fixed assets
Intangible assets	2	10,000	10,000
Tangible assets	3	17,165	18,457
		27,165	28,457
Current assets
Cash at bank and in hand		1,816	1,249
		1,816	1,249
Creditors: amounts falling due within one year		(3,006)	(1,120)
Net current assets (liabilities)		(1,190)	129
Total assets less current liabilities		25,975	28,586
Creditors: amounts falling due after more than one year		(31,036)	(35,700)
Total net assets (liabilities)		(5,061)	(7,114)
Capital and reserves
Called up share capital	4	2	2
Profit and loss account		(5,063)	(7,116)
Shareholders' funds		(5,061)	(7,114)

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 12 August 2016

And signed on their behalf by:
Andrew Osborne, Director

CROWN LUXURY CARS LIMITED Registered Number 01874271

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 is net of vat

2Intangible fixed assets

	£
Cost
At 1 January 2015	10,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2015	10,000
Amortisation
At 1 January 2015	-
Charge for the year	-
On disposals	-
At 31 December 2015	-
Net book values
At 31 December 2015	10,000
At 31 December 2014	10,000

3Tangible fixed assets

	£
Cost
At 1 January 2015	37,645
Additions	2,031
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2015	39,676
Depreciation
At 1 January 2015	19,188
Charge for the year	3,323
On disposals	-
At 31 December 2015	22,511
Net book values
At 31 December 2015	17,165
At 31 December 2014	18,457

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

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

one share one vote