Abbreviated Company Accounts - KROSSBAR LIMITED

SC311586 KROSSBAR LIMITED 2015-11-30 false 2014-12-01 2015-11-30 true SC311586 2014-12-01 2015-11-30 SC311586 2015-11-30 SC311586 2014-11-30 SC311586 uk-gaap-cd-bus:Director1 2014-12-01 2015-11-30 SC311586 uk-gaap-cd-bus:Director2 2014-12-01 2015-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-12-01 2015-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-11-30 iso4217:GBP shares

Registered Number SC311586

KROSSBAR LIMITED

Abbreviated Accounts

30 November 2015

KROSSBAR LIMITED Registered Number SC311586

Abbreviated Balance Sheet as at 30 November 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	97,720	97,694
		97,720	97,694
Current assets
Stocks		6,000	6,000
Cash at bank and in hand		5,222	5,399
		11,222	11,399
Creditors: amounts falling due within one year		(95,564)	(88,935)
Net current assets (liabilities)		(84,342)	(77,536)
Total assets less current liabilities		13,378	20,158
Creditors: amounts falling due after more than one year		(6,361)	(12,081)
Total net assets (liabilities)		7,017	8,077
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		7,016	8,076
Shareholders' funds		7,017	8,077

For the year ending 30 November 2015 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 31 August 2017

And signed on their behalf by:
William Paterson, Director

KROSSBAR LIMITED Registered Number SC311586

Notes to the Abbreviated Accounts for the period ended 30 November 2015

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 comprises of the invoiced value of the goods and services supplied by the company net of Value Added Tax and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and Machinery– 25% Reducing Balance
Fixtures and Fittings - 15% Reducing Balance

2Tangible fixed assets

	£
Cost
At 1 December 2014	99,858
Additions	333
Disposals	-
Revaluations	-
Transfers	-
At 30 November 2015	100,191
Depreciation
At 1 December 2014	2,164
Charge for the year	307
On disposals	-
At 30 November 2015	2,471
Net book values
At 30 November 2015	97,720
At 30 November 2014	97,694

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
1 Ordinary shares of £1 each	1	1