Croftice Limited - Abbreviated accounts 16.3
Croftice Limited - Abbreviated accounts 16.3
| REGISTERED NUMBER: |
| ABBREVIATED UNAUDITED ACCOUNTS |
| FOR THE YEAR ENDED 31 MARCH 2016 |
| FOR |
| CROFTICE LIMITED |
| CROFTICE LIMITED (REGISTERED NUMBER: 02090405) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31 MARCH 2016 |
| Page |
| Company information | 1 |
| Chartered accountants' report | 2 |
| Abbreviated balance sheet | 3 |
| Notes to the abbreviated accounts | 4 |
| CROFTICE LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31 MARCH 2016 |
| Director: |
| Secretary: |
| Registered office: |
| Registered number: |
| Accountants: |
| Chartered Accountants |
| CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR |
| ON THE UNAUDITED FINANCIAL STATEMENTS OF |
| CROFTICE LIMITED |
| The following reproduces the text of the report prepared for the director in respect of the Company's |
| annual unaudited financial statements, from which the unaudited abbreviated accounts (set out on |
| pages three to four) have been prepared. |
| In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval |
| the financial statements of Croftice Limited for the year ended 31 March 2016 which comprise the Profit and |
| loss account, the Balance sheet and the related notes from the Company's accounting records and from |
| information and explanations you have given us. |
| As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance. |
| This report is made solely to the director of Croftice Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Croftice Limited and state those matters that we have agreed to state to the director of Croftice Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Croftice Limited director for our work or for this report. |
| It is your duty to ensure that Croftice Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Croftice Limited. You consider that Croftice Limited is exempt from the statutory audit requirement for the year. |
| We have not been instructed to carry out an audit or a review of the financial statements of Croftice Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements. |
| Chartered Accountants |
| 7 December 2016 |
| CROFTICE LIMITED (REGISTERED NUMBER: 02090405) |
| ABBREVIATED BALANCE SHEET |
| 31 MARCH 2016 |
| 2016 | 2015 |
| Notes | £ | £ | £ | £ |
| Fixed assets |
| Tangible assets | 2 |
| Current assets |
| Debtors |
| Cash at bank and in hand |
| Creditors |
| Amounts falling due within one year |
| Net current assets |
| Total assets less current liabilities |
| Capital and reserves |
| Called up share capital | 3 |
| Profit and loss account |
| Shareholders' funds |
| 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 financial statements were approved by the director on |
| CROFTICE LIMITED (REGISTERED NUMBER: 02090405) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 31 MARCH 2016 |
| 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). |
| Turnover |
| Turnover represents net invoiced sales of services, excluding value added tax. |
| Investment property |
| The accounting policy regarding investment property is to value annually and show in the accounts at |
| valuation. However, the directors are not aware of any material change in market value. |
| This policy complies with the Financial Reporting Standard for Smaller Entities (effective January |
| 2015), but at the same time does not comply with the Companies Act which states that fixed assets |
| should be stated at cost and depreciated. This departure is necessary to give a true and fair view in |
| that the property is expected to increase in value as opposed to depreciate. The effects of this |
| departure can be seen in the notes to these accounts. |
| 2. | Tangible fixed assets |
| Total |
| £ |
| Cost |
| At 1 April 2015 |
| and 31 March 2016 |
| Net book value |
| At 31 March 2016 |
| At 31 March 2015 |
| 3. | Called up share capital |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2016 | 2015 |
| value: | £ | £ |
| Ordinary | £1 |