Abbreviated Company Accounts - CRESTMATCH LIMITED

Abbreviated Company Accounts - CRESTMATCH LIMITED

CRESTMATCH LIMITED - Company Information

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Registered Number 02880234

CRESTMATCH LIMITED

Abbreviated Accounts

31 January 2014

CRESTMATCH LIMITED Registered Number 02880234

Abbreviated Balance Sheet as at 31 January 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 558,212 558,212
558,212 558,212
Current assets
Debtors 194,373 210,149
194,373 210,149
Creditors: amounts falling due within one year (38,154) (42,378)
Net current assets (liabilities) 156,219 167,771
Total assets less current liabilities 714,431 725,983
Creditors: amounts falling due after more than one year (401,753) (415,763)
Total net assets (liabilities) 312,678 310,220
Capital and reserves
Called up share capital 2 2
Revaluation reserve 315,365 315,365
Profit and loss account (2,689) (5,147)
Shareholders' funds 312,678 310,220
  • For the year ending 31 January 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 27 October 2014

And signed on their behalf by:
Mr J Spitzer, Director

CRESTMATCH LIMITED Registered Number 02880234

Notes to the Abbreviated Accounts for the period ended 31 January 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.

Other accounting policies
Investment properties are revalued annually and the aggregate surplus or deficit transferred to the revaluation reserve except where any deficit is deemed permanent when it is taken to the Profit and Loss Account. No provision is made for depreciation of investment properties. This departure from the requirements of the Companies Act 2006, which requires all properties to be depreciated is, in the opinion of the directors, necessary for the accounts to show a true and fair view. The depreciation charge is only one of the factors reflected in the annual valuation and, therefore, the effect of the departure cannot be readily quantified. The directors consider that this policy results in the accounts giving a true and fair view.

2Tangible fixed assets
£
Cost
At 1 February 2013 558,212
Additions -
Disposals -
Revaluations -
Transfers -
At 31 January 2014 558,212
Depreciation
At 1 February 2013 -
Charge for the year -
On disposals -
At 31 January 2014 -
Net book values
At 31 January 2014 558,212
At 31 January 2013 558,212