Abbreviated Company Accounts - CRUISE COLLECTION LTD

CRUISE COLLECTION LTD - Company Information

05993249 CRUISE COLLECTION LTD 2015-12-31 false 2015-01-01 2015-12-31 true 05993249 2015-01-01 2015-12-31 05993249 2015-12-31 05993249 2014-12-31 05993249 uk-gaap-cd-bus:Director1 2015-01-01 2015-12-31 05993249 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 05993249

CRUISE COLLECTION LTD

Abbreviated Accounts

31 December 2015

CRUISE COLLECTION LTD Registered Number 05993249

Abbreviated Balance Sheet as at 31 December 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	171	315
		171	315
Current assets
Stocks		6,742	10,454
Debtors	3	-	94
Cash at bank and in hand		2,067	8,707
		8,809	19,255
Creditors: amounts falling due within one year	4	(14,008)	(17,817)
Net current assets (liabilities)		(5,199)	1,438
Total assets less current liabilities		(5,028)	1,753
Total net assets (liabilities)		(5,028)	1,753
Capital and reserves
Called up share capital	5	100	100
Profit and loss account		(5,128)	1,653
Shareholders' funds		(5,028)	1,753

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 20 September 2016

And signed on their behalf by:
Teresa Chu, Director

CRUISE COLLECTION LTD Registered Number 05993249

Notes to the Abbreviated Accounts for the period ended 31 December 2015

1Accounting Policies

Basis of measurement and preparation of accounts
For the year ended 31st December 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 200 relating to small companies.
Director’s responsibilities:
• The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• The director acknowledges her responsibility 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 and with the Financial Reporting Standard for Smaller Entities (effective April 2008)

These accounts were approved by the director on 20th September 2016, and are signed on her behalf by
Teresa Chu

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year and drives 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
Fixtures, fittings and equipment- 15% straight line

Other accounting policies
Stock: Stock is valued at the lower of cost and net realisable value.

2Tangible fixed assets

	£
Cost
At 1 January 2015	960
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2015	960
Depreciation
At 1 January 2015	645
Charge for the year	144
On disposals	-
At 31 December 2015	789
Net book values
At 31 December 2015	171
At 31 December 2014	315

3Debtors

	2015 £	2014 £
Debtors include the following amounts due after more than one year	-	94

4Creditors

	2015 £	2014 £
Secured Debts	14,008	17,817

5Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
100 Ordinary shares of £1 each	100	100