Abbreviated Company Accounts - PHIL CRAGGS LIMITED

Abbreviated Company Accounts - PHIL CRAGGS LIMITED

PHIL CRAGGS LIMITED - Company Information

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Registered Number 04930889

PHIL CRAGGS LIMITED

Abbreviated Accounts

30 November 2016

PHIL CRAGGS LIMITED Registered Number 04930889

Abbreviated Balance Sheet as at 30 November 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 26,570 25,964
26,570 25,964
Current assets
Stocks 2,000 2,000
Cash at bank and in hand 47,083 31,204
49,083 33,204
Creditors: amounts falling due within one year (67,755) (47,167)
Net current assets (liabilities) (18,672) (13,963)
Total assets less current liabilities 7,898 12,001
Creditors: amounts falling due after more than one year (343) (2,042)
Provisions for liabilities (5,314) (5,193)
Total net assets (liabilities) 2,241 4,766
Capital and reserves
Called up share capital 1,000 1,000
Profit and loss account 1,241 3,766
Shareholders' funds 2,241 4,766
  • For the year ending 30 November 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 25 August 2017

And signed on their behalf by:
PHILIP MARTIN CRAGGS, Director

PHIL CRAGGS LIMITED Registered Number 04930889

Notes to the Abbreviated Accounts for the period ended 30 November 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 amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

2Tangible fixed assets
£
Cost
At 1 December 2015 84,162
Additions 6,762
Disposals -
Revaluations -
Transfers -
At 30 November 2016 90,924
Depreciation
At 1 December 2015 58,198
Charge for the year 6,156
On disposals -
At 30 November 2016 64,354
Net book values
At 30 November 2016 26,570
At 30 November 2015 25,964