C r l Services Limited - Limited company accounts 16.3

REGISTERED NUMBER: 04059828 (England and Wales)

C R L SERVICES LIMITED

Report of the Director and

Unaudited Financial Statements

for the Year Ended 31 March 2016

Page

Company Information

1

Report of the Director

2

Profit and Loss Account

3

Balance Sheet

4

Notes to the Financial Statements

5

DIRECTOR:

C R Lalies

SECRETARY:

C R Lalies

REGISTERED OFFICE:

17A Pugsley Street

Newport

South Wales

NP20 5JU

REGISTERED NUMBER:

04059828 (England and Wales)

ACCOUNTANTS:

Small Office Solutions

Greenways,

26 Forge Lane,

Bassaleg,

Newport

South Wales

NP10 8NG

The director presents his report with the financial statements of the company for the year ended 31 March 2016.

DIRECTOR

C R Lalies held office during the whole of the period from 1 April 2015 to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small

companies.

ON BEHALF OF THE BOARD:

C R Lalies - Director

28 December 2016

TURNOVER

66,857

81,492

Cost of sales

40,752

47,368

GROSS PROFIT

26,105

34,124

Administrative expenses

63,977

33,312

OPERATING (LOSS)/PROFIT

2

(37,872

)

812

Interest payable and similar charges

136

58

(LOSS)/PROFIT ON ORDINARY ACTIVITIES BEFORE TAXATION

(38,008

)

754

Tax on (loss)/profit on ordinary activities

3

-

-

(LOSS)/PROFIT FOR THE FINANCIAL YEAR

(38,008

)

754

FIXED ASSETS

Tangible assets

5

17,239

17,357

CURRENT ASSETS

Debtors

6

4,484

3,353

Cash at bank

-

2,986

4,484

6,339

CREDITORS

Amounts falling due within one year

7

9,391

11,356

NET CURRENT LIABILITIES

(4,907

)

(5,017

)

TOTAL ASSETS LESS CURRENT LIABILITIES

12,332

12,340

CREDITORS

Amounts falling due after more than one year

8

38,000

-

NET (LIABILITIES)/ASSETS

(25,668

)

12,340

CAPITAL AND RESERVES

Called up share capital

9

100

100

Profit and loss account

10

(25,768

)

12,240

SHAREHOLDERS' FUNDS

(25,668

)

12,340

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 in accordance with Section 476 of the Companies Act 2006.

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 have been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies and with the Financial Reporting Standard for Smaller Entities (effective January 2015).

The financial statements were approved by the director on 28 December 2016 and were signed by:

C R Lalies - Director

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 goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

20% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	OPERATING (LOSS)/PROFIT

The operating loss (2015 - operating profit) is stated after charging:

31.3.16

31.3.15

£

£

Depreciation - owned assets

118

143

Director's remuneration and other benefits etc

9,000

8,000

3.

TAXATION

Analysis of the tax charge

No liability to UK corporation tax arose on ordinary activities for the year ended 31 March 2016 nor for the year

ended 31 March 2015.

4.

DIVIDENDS

31.3.16

31.3.15

£

£

Final

-

2,000

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2015

and 31 March 2016

16,712

3,087

19,799

DEPRECIATION

At 1 April 2015

-

2,442

2,442

Charge for year

-

118

118

At 31 March 2016

-

2,560

2,560

NET BOOK VALUE

At 31 March 2016

16,712

527

17,239

At 31 March 2015

16,712

645

17,357

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.16

31.3.15

£

£

Trade debtors

4,484

1,199

Other debtors

-

2,154

4,484

3,353

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.16

31.3.15

£

£

Bank loans and overdrafts

5,176

-

Trade creditors

1,994

3,240

Other creditors

2,221

8,116

9,391

11,356

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.16

31.3.15

£

£

Other creditors

38,000

-

Amounts falling due in more than five years:

Repayable by instalments

Other loans more 5yrs instal

38,000

-

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

£

100

ordinary

£100

100

100

10.

RESERVES

Profit

and loss

account

£

At 1 April 2015

12,240

Deficit for the year

(38,008

)

At 31 March 2016

(25,768

)