Cresst Installations UK Limited - Period Ending 2016-07-31

Registration number: 08599915

Cresst Installations UK Limited

Unaudited Abbreviated Accounts

for the Year Ended 31 July 2016
 

Hazlewoods LLP
Windsor House
Bayshill Road
Cheltenham
GL50 3AT

Cresst Installations UK Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

Cresst Installations UK Limited
(Registration number: 08599915)
Abbreviated Balance Sheet
at 31 July 2016

		Note			2016 £			2015 £
Fixed assets
Tangible fixed assets		2			-			52,640
Current assets
Debtors					17			1
Cash at bank and in hand					573			2,562
					590			2,563
Creditors: Amounts falling due within one year					(43,741)			(36,517)
Net current liabilities					(43,151)			(33,954)
Total assets less current liabilities					(43,151)			18,686
Creditors: Amounts falling due after more than one year					(92,156)			(92,156)
Net liabilities					(135,307)			(73,470)
Capital and reserves
Called up share capital		3			1			1
Profit and loss account					(135,308)			(73,471)
Shareholders' deficit					(135,307)			(73,470)

For the year ended 31 July 2016 the company was entitled to exemption from audit 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 within Part 15 of the Companies Act 2006.

Approved by the Board and authorised for issue on 07 July 2017 and signed on its behalf by:

 S R Mitten
 Director

 S J Harrison
 Director

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Cresst Installations UK Limited
Notes to the Abbreviated Accounts
for the Year Ended 31 July 2016

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, 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 amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Tangible fixed assets and depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Motor vehicles	20% reducing balance

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 August 2015		70,500			70,500
Disposals		(70,500)			(70,500)
At 31 July 2016		-			-
Depreciation
At 1 August 2015		17,860			17,860
Charge for the year		7,019			7,019
Eliminated on disposals		(24,879)			(24,879)
At 31 July 2016		-			-
Net book value
At 31 July 2016		-			-
At 31 July 2015		52,640			52,640

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Cresst Installations UK Limited
Notes to the Abbreviated Accounts
for the Year Ended 31 July 2016

3	Share capital

Allotted, called up and fully paid shares

	2016						2015
		No.			£			No.			£
Ordinary shares of £0.33 each		3			1			3			1

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