Abbreviated Company Accounts - CROSSFIELD CONSULTING LIMITED

Abbreviated Company Accounts - CROSSFIELD CONSULTING LIMITED

CROSSFIELD CONSULTING LIMITED - Company Information

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Registered Number 03320421

CROSSFIELD CONSULTING LIMITED

Abbreviated Accounts

28 February 2014

CROSSFIELD CONSULTING LIMITED Registered Number 03320421

Abbreviated Balance Sheet as at 28 February 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 4,485 7,452
4,485 7,452
Current assets
Stocks 20,991 30,969
Debtors 202,153 152,074
Cash at bank and in hand 136,056 16,906
359,200 199,949
Creditors: amounts falling due within one year (199,151) (110,134)
Net current assets (liabilities) 160,049 89,815
Total assets less current liabilities 164,534 97,267
Total net assets (liabilities) 164,534 97,267
Capital and reserves
Called up share capital 3 292 292
Other reserves 208 208
Profit and loss account 164,034 96,767
Shareholders' funds 164,534 97,267
  • For the year ending 28 February 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 17 November 2014

And signed on their behalf by:
Mr R A Hodges, Director

CROSSFIELD CONSULTING LIMITED Registered Number 03320421

Notes to the Abbreviated Accounts for the period ended 28 February 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements are prepared on the historical basis of accounting and have been prepared in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
The company has taken advantage of the exemption, conferred by Financial Reporting Standard 1, from presenting a cash flow as it qualifies as a small company.

Turnover policy
Turnover represents net invoices sales of goods and services, excluding Value Added Tax.

Tangible assets depreciation policy
Depreciation is provided on all tangible fixed assets at rates calculated to write off the full cost or valuation less estimated residual value of each asset over its estimated useful life. The principal rates in use are:

Equipment, fixtures and fittings 50% on a reducing balance basis
Plant and Machinery 50% on a reducing balance basis

2Tangible fixed assets
£
Cost
At 1 March 2013 86,955
Additions 899
Disposals -
Revaluations -
Transfers -
At 28 February 2014 87,854
Depreciation
At 1 March 2013 79,503
Charge for the year 3,866
On disposals -
At 28 February 2014 83,369
Net book values
At 28 February 2014 4,485
At 28 February 2013 7,452
3Called Up Share Capital

The company is controlled by Mr R A Hodges, a director and majority shareholder.