Crest Commercial Interiors Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 03351528 (England and Wales)

ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2016

FOR

CREST COMMERCIAL INTERIORS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

W B Little

SECRETARY:

S Farbridge

REGISTERED OFFICE:

1 Winchester Place

North Street

Poole

Dorset

BH15 1NX

REGISTERED NUMBER:

03351528 (England and Wales)

ACCOUNTANTS:

ADDICUS

Chartered Accountants

1 Winchester Place

North Street

Poole

Dorset

BH15 1NX

FIXED ASSETS

Tangible assets

2

2,240

2,988

CURRENT ASSETS

Stocks

500

-

Debtors

17,294

11,194

Cash at bank

17,799

30,157

35,593

41,351

CREDITORS

Amounts falling due within one year

11,634

14,551

NET CURRENT ASSETS

23,959

26,800

TOTAL ASSETS LESS CURRENT LIABILITIES

26,199

29,788

PROVISIONS FOR LIABILITIES

269

379

NET ASSETS

25,930

29,409

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

25,830

29,309

SHAREHOLDERS' FUNDS

25,930

29,409

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 14 October 2016 and were signed by:

W B Little - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance

with the Financial Reporting Standard for Smaller Entities (effective January 2015).

The financial statements have been prepared under the historical cost convention and in accordance

with generally accepted accounting principles.

Turnover

The turnover shown in the profit and loss account represents amounts invoiced during the year,

exclusive of value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving items.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

20,875

DEPRECIATION

At 1 April 2015

17,887

Charge for year

748

At 31 March 2016

18,635

NET BOOK VALUE

At 31 March 2016

2,240

At 31 March 2015

2,988

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

100

Ordinary

£1

100

100