Abbreviated Company Accounts - BRITCROWN LIMITED

Abbreviated Company Accounts - BRITCROWN LIMITED


Registered Number 03824553

BRITCROWN LIMITED

Abbreviated Accounts

31 March 2014

BRITCROWN LIMITED Registered Number 03824553

Abbreviated Balance Sheet as at 31 March 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 230,128 232,812
230,128 232,812
Current assets
Debtors 152,431 152,569
Cash at bank and in hand 65,552 72,567
217,983 225,136
Creditors: amounts falling due within one year (93,135) (113,500)
Net current assets (liabilities) 124,848 111,636
Total assets less current liabilities 354,976 344,448
Total net assets (liabilities) 354,976 344,448
Capital and reserves
Called up share capital 3 100 100
Profit and loss account 354,876 344,348
Shareholders' funds 354,976 344,448
  • For the year ending 31 March 2014 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 8 October 2014

And signed on their behalf by:
G S Rehal, Director

BRITCROWN LIMITED Registered Number 03824553

Notes to the Abbreviated Accounts for the period ended 31 March 2014

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 represents the total invoice value, excluding value added tax, of services supplied to customers during the year.

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 & equipment - 15% Reducing Balance
Land and buildings - straight line over 67 years
Leasehold properties - straight line over the life of the lease

2Tangible fixed assets
£
Cost
At 1 April 2013 255,965
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2014 255,965
Depreciation
At 1 April 2013 23,153
Charge for the year 2,684
On disposals -
At 31 March 2014 25,837
Net book values
At 31 March 2014 230,128
At 31 March 2013 232,812
3Called Up Share Capital
Allotted, called up and fully paid:
2014
£
2013
£
60 Ordinary shares of £1 each 60 60
20 A Ordinary shares of £1 each 20 20
20 B Ordinary shares of £1 each 20 20