Abbreviated Company Accounts - DARKCROWN LIMITED

Abbreviated Company Accounts - DARKCROWN LIMITED

DARKCROWN LIMITED - Company Information

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Registered Number 04222509

DARKCROWN LIMITED

Abbreviated Accounts

31 May 2016

DARKCROWN LIMITED Registered Number 04222509

Abbreviated Balance Sheet as at 31 May 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 180,182 185,281
180,182 185,281
Current assets
Debtors 222 224
Cash at bank and in hand 80,722 68,038
80,944 68,262
Creditors: amounts falling due within one year (15,577) (31,861)
Net current assets (liabilities) 65,367 36,401
Total assets less current liabilities 245,549 221,682
Total net assets (liabilities) 245,549 221,682
Capital and reserves
Called up share capital 1 1
Profit and loss account 245,548 221,681
Shareholders' funds 245,549 221,682
  • For the year ending 31 May 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 17 February 2017

And signed on their behalf by:
MR.S.E.FREEMAN, Director

DARKCROWN LIMITED Registered Number 04222509

Notes to the Abbreviated Accounts for the period ended 31 May 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 rents received

Tangible assets depreciation policy
Depreciation is provided, after taking account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life:

Freehold property - 2% straight line

2Tangible fixed assets
£
Cost
At 1 June 2015 254,968
Additions -
Disposals -
Revaluations -
Transfers -
At 31 May 2016 254,968
Depreciation
At 1 June 2015 69,687
Charge for the year 5,099
On disposals -
At 31 May 2016 74,786
Net book values
At 31 May 2016 180,182
At 31 May 2015 185,281