Crowle Properties Two Limited Accounts


Crowle Properties Two Limited ABBREVIATED ACCOUNTS COVER
Crowle Properties Two Limited
Company No. 07728674
Abbreviated Accounts
31 March 2016
Crowle Properties Two Limited ABBREVIATED BALANCE SHEET
at
31 March 2016
Company No.
07728674
Notes
2016
2015
£
£
Current assets
Stocks
77,72976,625
Cash at bank and in hand
2082,248
77,93778,873
Creditors: Amounts falling due within one year
(113,853)
(111,752)
Net current liabilities
(35,916)
(32,879)
Total assets less current liabilities
(35,916)
(32,879)
Net liabilities
(35,916)
(32,879)
Capital and reserves
Called up share capital
2
100100
Profit and loss account
(36,016)
(32,979)
Shareholders' funds
(35,916)
(32,879)
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in part 15 of the Companies Act 2006 and with the Financial Reporting Standard for Smaller Entities (effective January 2015).
For the period ended 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
Approved by the board on 14 January 2017
And signed on its behalf by:
S.L. Griffiths
Director
14 January 2017
Crowle Properties Two Limited NOTES TO THE ABBREVIATED ACCOUNTS
for the period ended 31 March 2016
1
Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015) ["the FRSSE"].
Stocks
Stocks and work-in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow-moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.
2
Share Capital
Nominal value
2016
2016
2015
£
Number
£
£
Allotted, called up and fully paid:
Ordinary1.00100100100
100
100
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