Crystal Consult Ltd - Period Ending 2016-03-31

Registration number: 07555095

Crystal Consult Ltd

Unaudited Abbreviated Accounts

for the Year Ended 31 March 2016
 

Crystal Consult Ltd
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

Crystal Consult Ltd
(Registration number: 07555095)
Abbreviated Balance Sheet at 31 March 2016

		Note			2016 £			2015 £
Fixed assets
Tangible fixed assets		2			1,500			1,301
Current assets
Debtors					79,430			21,014
Cash at bank and in hand					14,038			119,663
					93,468			140,677
Creditors: Amounts falling due within one year					(26,303)			(26,860)
Net current assets					67,165			113,817
Net assets					68,665			115,118
Capital and reserves
Called up share capital		3			1			1
Profit and loss account					68,664			115,117
Shareholders' funds					68,665			115,118

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 director acknowledges her 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 director on 14 December 2016

.........................................
Lucia Dovalova
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

Crystal Consult Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 March 2016
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective January 2015).

Turnover

Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible 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
Office equipment	25% reducing balance

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 April 2015		2,085			2,085
Additions		699			699
At 31 March 2016		2,784			2,784
Depreciation
At 1 April 2015		784			784
Charge for the year		500			500
At 31 March 2016		1,284			1,284
Net book value
At 31 March 2016		1,500			1,500
At 31 March 2015		1,301			1,301

Page 2

Crystal Consult Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 March 2016
......... continued

3	Share capital

Allotted, called up and fully paid shares

	2016						2015
		No.			£			No.			£
Ordinary of £1 each		1			1			1			1

Page 3