Abbreviated Company Accounts - CROWN LODGE ENTERPRISES LTD

CROWN LODGE ENTERPRISES LTD - Company Information

Registered Number 09435906

CROWN LODGE ENTERPRISES LTD

Abbreviated Accounts

31 March 2016

CROWN LODGE ENTERPRISES LTD Registered Number 09435906

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016
		£
Fixed assets
Tangible assets	2	29,501
		29,501
Current assets
Debtors		14,261
Cash at bank and in hand		1,588
		15,849
Creditors: amounts falling due within one year		(42,611)
Net current assets (liabilities)		(26,762)
Total assets less current liabilities		2,739
Creditors: amounts falling due after more than one year		(19,360)
Total net assets (liabilities)		(16,621)
Capital and reserves
Called up share capital		2
Profit and loss account		(16,623)
Shareholders' funds		(16,621)

For the year ending 31 March 2016 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 10 November 2016

And signed on their behalf by:
D J Wanstall, Director

CROWN LODGE ENTERPRISES LTD Registered Number 09435906

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The full financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover policy
Turnover comprises revenue recognised by the company in respect of goods and services supplied during the period, exclusive of Value Added Tax and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold improvements - 7 years straight line
Fixtures and fittings - 25% reducing balance

Other accounting policies
Going concern:

These financial statements have been prepared on the going concern basis. The directors consider the company shall continue to operate with their full support for the forseeable future, and accordingly they consider the going concern basis to be appropriate.

2Tangible fixed assets

	£
Cost
Additions	35,285
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	35,285
Depreciation
Charge for the year	5,784
On disposals	-
At 31 March 2016	5,784
Net book values
At 31 March 2016	29,501