Abbreviated Company Accounts - CREST GLAZING SOLUTIONS LIMITED

CREST GLAZING SOLUTIONS LIMITED - Company Information

Registered Number 07105656

CREST GLAZING SOLUTIONS LIMITED

Abbreviated Accounts

31 December 2015

CREST GLAZING SOLUTIONS LIMITED Registered Number 07105656

Abbreviated Balance Sheet as at 31 December 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	9,197	9,096
		9,197	9,096
Current assets
Stocks		48,079	-
Debtors		6,996	50,228
Cash at bank and in hand		70,858	6,214
		125,933	56,442
Creditors: amounts falling due within one year		(104,916)	(21,746)
Net current assets (liabilities)		21,017	34,696
Total assets less current liabilities		30,214	43,792
Provisions for liabilities		(1,840)	(1,809)
Total net assets (liabilities)		28,374	41,983
Capital and reserves
Called up share capital		1,000	1,000
Profit and loss account		27,374	40,983
Shareholders' funds		28,374	41,983

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:
Mr A W Bowen, Director

CREST GLAZING SOLUTIONS LIMITED Registered Number 07105656

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.

Tangible assets depreciation policy
Depreciation is provided on intangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows;

Asset class Depreciation method and rate

Plant and Machinery 25% reducing balance basis

2Tangible fixed assets

	£
Cost
At 1 January 2015	17,737
Additions	3,785
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2015	21,522
Depreciation
At 1 January 2015	8,641
Charge for the year	3,684
On disposals	-
At 31 December 2015	12,325
Net book values
At 31 December 2015	9,197
At 31 December 2014	9,096