Abbreviated Company Accounts - CRESCENT HOLDINGS LIMITED

CRESCENT HOLDINGS LIMITED - Company Information

01658685 CRESCENT HOLDINGS LIMITED 2016-03-31 false 2015-04-01 2016-03-31 true 01658685 2015-04-01 2016-03-31 01658685 2016-03-31 01658685 2015-03-31 01658685 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 01658685 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP shares

Registered Number 01658685

CRESCENT HOLDINGS LIMITED

Abbreviated Accounts

31 March 2016

CRESCENT HOLDINGS LIMITED Registered Number 01658685

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	7,960	7,014
Investments	3	100	100
		8,060	7,114
Current assets
Stocks		252,978	146,074
Debtors		352,147	330,243
		605,125	476,317
Creditors: amounts falling due within one year		(1,726,635)	(1,595,216)
Net current assets (liabilities)		(1,121,510)	(1,118,899)
Total assets less current liabilities		(1,113,450)	(1,111,785)
Total net assets (liabilities)		(1,113,450)	(1,111,785)
Capital and reserves
Called up share capital	4	419	419
Share premium account		26,982	26,982
Profit and loss account		(1,140,851)	(1,139,186)
Shareholders' funds		(1,113,450)	(1,111,785)

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 15 November 2016

And signed on their behalf by:
A. Vaughan Read, Director

CRESCENT HOLDINGS LIMITED Registered Number 01658685

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

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 invoiced value of goods sold / services provided net of value added tax.

Other accounting policies
Going Concern

The company is wholly reliant upon support from Group companies to enable trade to continue.

2Tangible fixed assets

	£
Cost
At 1 April 2015	34,208
Additions	2,502
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	36,710
Depreciation
At 1 April 2015	27,194
Charge for the year	1,556
On disposals	-
At 31 March 2016	28,750
Net book values
At 31 March 2016	7,960
At 31 March 2015	7,014

3Fixed assets Investments
Unquoted ordinary share at Cost -

Emcastle Ltd - £100

4Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
419 Ordinary shares of £1 each	419	419